If you are running out of cash and the pay check is a couple of weeks away, then you need a quick fix and that would be a loan. But what if you have payables lined up for the next months and you cannot afford another one time debt payment now? In that case, the loan option may not be that viable at all because it may only complicate your presently tight financial situation. In these kinds of cases, what you need is the 12 month loan. A long repayment terms may come as something that your current monetary situation can manage to squeeze in and here in the United Kingdom, you have access to a lot of different lending companies which provide the 12 month loan option.

With the 12 month loan, you can get cash ranging as low as 80 pounds to as high as 1500 pounds with no documentation and no credit check required. And the great thing about these 12 month loans is that you can qualify even if you have an adverse credit history which can include payment arrears, county court judgments, defaults, or even discharges bankruptcies.

Another advantage of the 12 month loan is that you can search for the best loan deal, apply, and get approved in the comfort of your home or office and you do not need to fall in a long line and wait for your queue to come up and that is the only time you begin the entire loan process.

If you want a loan for a longer time period than 12 months and you have a bad credit history then that is going prove a little bit more challenging. Bad credit lenders don't like to lend long term to bad credit borrowers because of the higher risk of default and the fact they may not get their money back. However anything below 12 months should be possible.

The application for the 12 month loans is also free of charge and the approval only takes a few minutes. Watch out for hidden fees though but most online lending companies here in the United Kingdom are totally transparent and their websites even come with loan calculators so that you would be able to see exactly how much you will be paying each month.

The application process is also easy. After you have searched and found the best 12 month loan deal for you, just simply fill out their online application form, make sure that the information that you have entered are accurate, submit it, and wait for a few minutes for the approval. If approved, a representative of the lending company will call you on the contact information that you provided and verify a few things on your application form. Once done, he or she will give you instructions on how to finalize the 12 month loan deal and retrieve your money.

For more information on long term loans please visit http://www.unsecuredpersonalloansadvice.co.uk/long-term-unsecured-personal-loans