Heart Loans never stops to live up to its reputation as having one of the United Kingdom’s easiest loan application processes.  They acknowledge the importance of the borrower’s time, and so they are consistent with providing fast and reliable loan service.

A Single Application Form

Prospective borrowers are asked to fill out just one application form and filling it out will take as little as 5 minutes.  You will be asked for a set of information for the evaluation of your credit score and identity, to be used not by Heart Loans, but by their affiliate loan lenders.  Whether your credit score is good or bad, you do not have to be apprehensive about a credit history check as this is just fairly standard procedure.  For more https://www.heartloans.co.uk/.

Credit Standing

The fear of most people is for their application to be rejected because of bad credit standing.  However, a poor credit record does not always equate to rejection.

Included in the vast variety of loan lenders affiliated with Heart Loans are those who specialize in giving assistance to people with low credit ratings.  Your ratings will not matter to them as they have their own set of evaluation techniques.  The only thing they want to make sure of is that you are capable of repaying the money that you will borrow from them, regardless of high or low credit ratings.

Information Needed

Here is a list of the information you have to input in the application form.

Complete Name.  Of course this is self-explanatory.  You can not use your nickname or alias when applying as this will make it difficult for the loan lender to check your identity.

Address. This should be filled out as it is an important tool in the evaluation of your application.  It is important for two reasons, one is to lessen the possibility of frauds.  In consonance with the anti-money laundering and fraud regulations in the United Kingdom, they check the authenticity of the applicant’s address to ensure that the loan is not used by greedy fraudsters trying to steal another person’s identity.  The other reason is ensuring that the address given corresponds to the borrower’s bank account.

Birthday.  This is vital information since borrowers should be of the minimum age of 18 years in order to apply for short term or payday loans.

Monthly Salary and Employment History.  This detail will be used by the lenders to gauge the capability of the borrowers to meet the repayment terms and to repay the full loan amount.  Your request will be assessed and if the evaluation results show that getting a payday loan is not the best deal for you, you will be offered with other lending alternatives.

Bank Account Information. Only your bank details will be needed, and you do not need to go to the bank to do so as this is just fairly basic.  Since it takes just 15 minutes to electronically transfer money to your account upon approval of your loan, it is important to fill in your bank account information.