The Age Limit for 12 Months Loans Is Now 18 From 21
January 8, 2019, London – OsMoney today announced a big relaxation in the eligibility criteria of age for 12 month loans. The company previously provided funds to those with at least 21 years of age. But now the 18 year old fund seekers can also apply and get funds. Same speed and same flexibility is applicable for them too. The company is always in the struggle to make its loan products accessible for more and more people. To make this happen, it is necessary to let more borrowers apply for the loan. A large part of the fund seekers come from the teenage group.
This decision is expected to give a sharp rise in the number of applications that company receives every month. The next week there may be 40% increase in the loan requests. The approval rate of the 12 month funding is already high and after this, more promising things are expected to come. The experts in the company are working to implement this in other loan products too. Besides, now all the options in 12 month funding are under this new change which also includes the 12 month payday loans. This is a good news for youngsters and they have much to exploit after the relaxation in the age limit.
Ella Kessler, the Senior Loan Executive of company says – ‘We are very happy to give this good news to the borrowers. Our prime concern is to create a friendly atmosphere in the country. For this we think, it is important that we provide funds more and more to the younger generation. We are not among those who think that young people are not financially responsible. In fact, it is our belief that with loan obligation, the young people become more responsible. Online super money wants to prove it with this decision of relief in age criteria. This is in the implementation stage in other loans too.
We expect that this change will be able to satisfy the financial needs of a big part from the population of borrowers.’
About Online Super Money
OsMoney is an online loan company with a range of loan products that provide funds without any collateral and guarantor. Choose from the choices of short-term and mid-term loans without any upfront fee and hidden charges. Avail discounted rates and get festive offers. Bad credit people and unemployed can also apply. Fast loan procedures, approval decision in a few minutes, timely disbursal of funds without any delay. No long list of questions on the purpose of the loan, there is no need to provide any additional cost.