September 7, 2018, London, UK- Loan Palace is among the professional lending companies, operating in the UK. The company has announced today that it is going to present new loan products with dropped interest rates especially meant for the unemployed people. As a part of this credible deal, the loans for unemployed people would be issued with the benefit of same day approval. The lender has also unveiled its new lending policy according to which the loans application of first 1000 borrowers will be cleared with no credit verification.  Apart from this, the company has also decided to keep the terms and conditions simple for the applicants.

Loan Palace is also bringing out the handsome deals on short term loans for unemployed applicants where no documentation hassle is involved. To enhance the functionality of the lending procedure, the company is providing loans through online transactions. Applicants can apply online and receive the funds while sitting at home. In fact, online application form allows the customers to fill in the personal details in less than 10 minutes. Once the application form is filled with accurate details, the processing and approval time will take a few minutes. The processing time is significantly faster and that is why such loans are one of the most efficient solutions available for the jobless individuals.

Michael, head of the lending team at Loan Palace, says- “We have designed our new range of loan products that can fit perfectly into the budget of jobless loan seekers. Apart from this, we also have made it a point to offer payday loans for unemployed people with the sole intention of helping them. Actually, the concept of payday loan is specifically customised to help the hard working people, who are self employed and do not have any proof of income. We also have credible lending deals for the borrowers, who are underemployed to fill the financial gap between their two consecutive pay days.”