Loans for people on benefits have been formulated by the financing companies of UK for the people suffering from mental or physical disabilities. With these loans, disabled people can fulfil their needs at the time of financial crisis. These loans are capable of solving all the financial difficulties. If you are a disabled person, you can easily take financial support from these funds. Through these loans, you can renovate you home, pat for medical bills, electricity bills or even repair your computer. Loans for people on benefits are available in two forms, secured form and unsecured form. With secured form, you can borrow a huge amount ranging from 10000 pounds to 25000 pounds. The repayment term of these funds is of 1 to 25 years. To fetch these funds, you are required placing a collateral security against the borrowed amount. On the other hand, with the help of unsecured form, you can borrow the amount ranging from 1000 pounds to 10000 pounds for the repayment term of 1 to 10 years. These loans are collateral-free, but you need to pay high rate of interest on the unsecured form with comparison to secured form because of absence of collateral. These loans are also available for the poor creditors. People with bad credit scores like arrears, defaults, bankruptcy or late payments can go for these loans without any hesitation. There are absolutely no credit checks. The lenders do not ask you about your credit worthiness. These loans are widely available over the web. You just need filling an online application form and submit it online. The application form includes personal details about the lender like name, age, gender, contact information, etc. If the lender is satisfied, he will wire the requested loan amount into your bank account within 24 hours after the verification.