Loans for people on benefits

Working hard during your productive work life does not always guarantee you will be able to enjoy a prosperous retirement. In some cases, your work life and career may be cut short by an unfortunate event such as a lay-off during tough economic times.

The interruption may also be caused by suffering an injury that may lead to permanent disability. When such an event occurs, you quickly drain all your savings and find yourself depending on government benefits for survival. Even when your only source of income is benefits, you are still likely to encounter financial emergencies. In such a case, getting a loan from the bank is out of the question due to your compromised credit rating. However, it is still possible to get loans for people on benefits. Read more

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- Ross Bell, Northumberland

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