Thursday, November 25, 2010

Helping the disabled people with adequate amount of funds

Those who live with some sort of physical or mental disability, have to face a lot many challenges in their life. Quite often they are also dependent on other people for almost everything. There biggest challenge is the shortage of money for which they also receive benefits from DSS (Department of Social Security), but that too is either insufficient or unavailable at the right time. So, what should you do? It would be better if you go for the loans for people on benefits option. It can help you financially in all respects, so that you become sufficient enough to manage your various needs and requirements, such as medical emergencies, immediate house or vehicle repairs, electricity bills, monthly household rent, wedding expenses, unexpected travelling expenses, purchase of an asset, etc quite well on time.

DSS loans are of two forms. One is the secured form that can offer you finances up to a maximum of £75000 against some kind of security deposit for 25 years. It has lower interest rates. Whereas, the other one is the unsecured form that is totally collateral free and can provide you cash support for about £1000 repayable within 10 years. It has slightly higher interest rates.