• 2007 April 17

Company Description

TxtLoan is an online services platform providing instant short-term loans by text messages for UK residents.

TxtLoan.co.uk is the new innovative online service that provides instant short-term loans by text message. TxtLoan is the UKâ€s only virtual credit service which provides customers with easy to use access to cash and is an alternative to expensive unauthorised bank overdraft and penalty charges. Users simply register, confirm their mobile phone, e-mail and banking details, and are free to take out Txtloans! There is no off costs to register and the charge for the loan £100 is £10 with the total amount being paid back in full seven days later. TxtLoan APR is the lowest rate among similar payday loan products is UK. Loans can be taken out via mobile with a simple text message and cash is wired directly into the bank account within a few minutes. TxtLoan customers need to be living in the UK, receive regular income (£400 minimum), have a UK bank account with an active debit card as well as a mobile phone and an e-mail address. Once approved and registered, they are given a PIN which they can use anytime to text the TxtLoan Company to borrow money.