Short Term Problems Deserve Short Term Solutions â Like Short Term Loans
Some financial problems are of the long-term ongoing variety â such as making less money in a month than it takes to cover your basic bills. For a long term problem, a long term solution such as a part time job, side business or promotion is a practical idea. Short term financial problems are a different breed, and for those you just need a quick influx of cash. Short term problems might be medical bills, car problems, or even something positive like a big birthday or anniversary that deserves a big special celebration. A short term loan is perfect for situations like those â the cash comes in quick, you can take care of what you need without disrupting your regular budget, and then the loan is paid back out of the next couple of paychecks and itâs done.
Short Term Loans Are the 21st Century Financial Solution
Flashback to the 20th century â way back to the 90s! The loan officer at the bank had a computer, and we might even have one at home, but combining the two? Unheard of! These days most of us pay our bills online, check our bank balance, and conduct other financial transactions online nearly every day. It just makes sense that the credit industry should modernize as well! This is in a couple of ways â both by moving onto the internet and by adapting to the changes happening in the economy. So much of life happens online these days, itâs no surprise that someone adapted the short term loan process to be completed online as well. From movies on demand to instant messaging, weâre all getting used to doing things on our schedule and not someone elseâs. Being able to apply for a loan at a time that works for us, whether thatâs 9am or 9pm, is a logical extension of that!
Short Term Loans Provide Incomparable Ease and Convenience
When youâre in a financial bind, the last thing you want is for the solution to be more complex than the problem. Unlike traditional bank products, you can apply for short term loans from the comfort and convenience of your own living room, or pretty much wherever you like! Not only can you apply at any time of the day or night, from anywhere, but the application process is truly simple and fast. There are a couple of short pages of questions- some basic information about you, then some questions about your employment, and then your banking information â because the funds will be deposited right into your own account. No waiting for a check in the mail, then waiting for it to clear â it arrives ready to spend, no fuss! Normally youâd expect to wait hours or even days for a loan approval, but instead itâs only 60-90 seconds! Literally less than two minutes from the time you click the Submit button, youâll have your approval documents ready to be signed â and even that happens electronically, so thereâs no need to print or fax anything! This is absolutely the simplest loan process you can imagine.
Good Credit, Bad Credit â Either Is OK For Short Term Loans
Credit scores are supposed to be a reflection of a personâs creditworthiness â an indication of whether or not they are a good risk who will repay as agreed. What are they really? A reflections of a personâs past. There may have been a time when a personâs credit rating was a good reflection of their trustworthiness to pay back a loan, and in that case it might have made sense that credit scores were a primary factor in approval – but things have changed! In our current economy, many people have negative marks on their credit that have nothing to do with their personal responsibility or trustworthiness. âBad creditâ could be an indication that someoneâs home was affected by the housing crash, or they lost a job due to downsizing and not because they did anything wrong. The approval process for short term loans doesnât even require a credit check, because the lenders know that circumstances change, and someone who was having difficulty a year or two ago might be in a perfectly stable place today.
Short Term Loans Can Get Your Budget Back on Track
We all slip sometimes. Even if weâre good at budgeting and good at sticking to it, sometimes we spend a little too much over the weekend, or buy a new pair of shoes or a birthday present that costs a bit more than planned. Rather than play the juggling game with your bills and risk an expensive overdraft, consider a short term loan to get your budget balanced again. Short term loans are fast and simple to apply for, approvals come in quickly, and theyâre paid off quickly, apply for a loan today . They can get your budget caught back up, as compared to overdrawing your checking account, which tends to cost a lot in fees and create a negative spiral where more and more items âbounceâ and the situation gets worse instead of better!
Sometimes Short Term Loans Can Accomplish What We Canât On Our Own
Many people have a hard time sticking to a budget, and the one thing thatâs even harder than that? Saving! The world is full of people who are âspendersâ rather than âsaversâ, but spenders deserve great vacations and new furniture (or whatever their big âwantsâ are) as much as savers do. Short term loans are one way to book that family trip or special gift (even a gift for yourself!) without having to save up for them. Payments come directly out of your bank account on payday, so thereâs no need to enforce a âsavingâ mentality on yourself either before or after in order to make the payment. Just fit it into your usual budget and in a month or two youâre all done â the benefits of saving without the self-control! If you want to get some fast cash now, then apply here .