The Unusual Doorstep Loan Alternative That Can Save You Time And Money
We are about to reveal a remarkable alternative to any doorstep loan…
This remarkable alternative is not only extremely fast, but it can potentially save you hundreds of pounds.
It seems far-fetched, but don’t worry we will explain what makes it possible.
We both know that anyone can experience financial difficulties, but if you are overcoming them while lounging in the comfort of your home, you are undoubtedly having an impact!
Before we get there, let’s first dive into understanding doorstep loans and why they WERE some of the most looked-for loans in recent years.
Then further below we will go in-depth about this unusual alternative and explain how and why it is actually possible to get something better than doorstep loans in a matter of minutes…
What are doorstep loans actually?
A particular type of personal loan known as a “doorstep loan” can be given to you in cash or transferred immediately into your bank account. You could consider a UK doorstep loan if you need to cover an unexpected expense.
If approved, you could submit an application for a doorstep loan and repay it in weekly instalments.
As the name implies, neighbourhood agents pick up payments at your door.
These loans have made it easier for people, particularly those who are physically challenged, jobless, and without bank accounts, to get financial solutions at home.
You can have a deeper understanding of doorstep loans by becoming familiar with the features that these loans provide you with.
How do doorstep loans work and why do people look for them?
Doorstep loans are not that different from other types of loans. The biggest difference and the greatest advantage they have is cash appearing at your doorstep. You could get cash from the comfort of your house. But what we will talk about is even better!
Like any loan, the doorstep loan has a similar process. You apply for a loan, lenders or credit givers check your credit score. Once you get approved a neighbouring loan giver shows up at your doorstep and hands you a doorstep loan. That is how their name originated basically.
Doorstep loans are instalment loans, which means you pay them in instalments. Whether they are weekly or monthly, the same process applies to them…
What types of doorstep loans can you take?
Both secured and unsecured loans are eligible for doorstep cash services. If you’re applying for guarantor loans, all you have to do is fill out a form, and a lender representative will visit you at home. If you are presenting the guarantor, then just make sure that your second borrower is present at the time and that you can explain all the terms and conditions to him as well as the asset that you are going to pledge. You should be able to choose a meeting time and day that is convenient for you.
They also work for salaried people:
Yes, those who are physically handicapped, jobless, or without a bank account can take advantage of the doorstep loan. However, that does not imply that others cannot access it. Borrowers who are employed can easily apply for a doorstep loan from the convenience of their home. If a person is under a salary then the dates for repayment will be chosen based on the borrower’s payday.
Are doorstep loans the same as bad credit loans?
Well, to be honest… It is a bit complicated.
Doorstep loans can be the same as bad credit loans, which doesn’t necessarily mean they always are.
People who have poor credit histories and are struggling financially can also apply for loans with doorstep services. Some lenders won’t ever be concerned about your credit scores, but they will definitely take your present financial situation into account. Your income situation and paystubs will be very helpful to you if you have a salaried job.
DISCLAIMER: Beware of payday loans disguised as doorstep loans!!!
Payday loans are one of the highest APR loans. They are short-term, high APR loans that could give you a financial headache… So always check if the “doorstep loan” you are being offered is actually a payday loan in disguise!
The #1 best alternative to doorstep loans
Finally, we come to the part you’ve been waiting for.
Since doorstep loans don’t exist anymore, this is the best alternative.
The information above was to teach you what are the benefits and the risks of doorstep loans. Now we will dive into the best alternative you can take.
This alternative sent doorstep loans to the stone Age. It not only is quicker, but it is safer and it doesn’t allow for sneaky payday loans to roll in and take a fat chunk of money from you.
Doorstep loans are a piece of the past… They are now just another fragment of history.
Let us explain it like this:
Do you remember Blockbuster? It had the DVD rental market sewn up. Then along came a new kid on the block called Netflix. Now it holds the market. It was lights out for Blockbuster.
Do you remember doorstep loans? They were the most lazy loans which allowed people to take a loan without leaving their homes… Then along came Online Loans. It was lights out for doorstep loans too!
You see, the internet is extremely quick and powerful. It can gather immense data in just a second and display every single piece of it in no time. We harnessed this insane power and contained it with our state-of-the-art systems that let it flow effortlessly.
That is cool, but there is something even better!
Why LoanTube loan comparison?
You heard that correctly. A loan comparison is one of the smartest things you could do.
Don’t fall for the first loan you see, because the chances are it isn’t the best…
Heck, sometimes it isn’t even good at all.
LoanTube allows you to compare loans from multiple lenders in a matter of minutes. As we said, the internet is extremely fast and extremely powerful and we have managed to direct power into something that can help you.
LoanTube was created to help you save hundreds of pounds by comparing loans. It is also one of the rare loan comparison platforms that do soft checks only, so they don’t hurt your credit reputation! In just 3 simple steps you could compare loans from multiple partner lenders and find the best deal for you.
We offer all sorts of loans that can be better than doorstep loans. It doesn’t matter if it is a secured personal loan or an unsecured one… You get it in minutes and you don’t leave the comfort of your house either.
Heck, you don’t even need to leave your bed and you don’t have anyone show up at your door asking for money. Just those two features make it indefinitely better than a doorstep loan!
To start your application for a better alternative to a doorstep loan, please click here.
Remember that our service comes at no charge to you and that you don’t have to accept any of the quotes we provide you with if you don’t like them.