Short-term loans are essentially instalment loans that you borrow for a short period ranging from a few weeks to 12 months. The instalments are pre-defined in a loan agreement on a regular or advancing rate of interest and are set out as monthly, weekly or fortnightly payment. Short-term loans are available as secured as well as unsecured credit for a variety of purpose. Your credit history and credit score primarily define the rate of interest and loan amount.
At Loan Princess, we can help you in searching the right loan for you as per your needs. We can help you avail short-term personal loans, short-term student loans, short-term business loans and much more.
SHORT-TERM LOANS V/S PAYDAY LOAN
Short-term loans are a perfect alternative to emergency payday loans. Repaying the loan in monthly instalments is more convenient than repaying in a single instalment.
If compared, short-term loans are less costly. Payday loans are given in exchange for a post-dated cheque normally dated for the next payday. In case, you make some unexpected expenses during the period, it becomes difficult to repay the amount on time. On the other side, short-term loans give you freedom to repay the debt according to your convenience. The loan instalments are divided according to your credit profile prior signing the loan agreement.
LOAN PRINCESS: LOAN BROKER FOR SHORT-TERM LOANS
Every client is different and we value diversification. We work for you round the clock 7 days a week. You can contact us online from the privacy of your home or office. The process is quite simple. We would get back to you. After assessing your requirements and credibility, we try to initiate further process same day. In any case, transparency and promptness are maintained at each phase.
SHORT-TERM LOANS FOR BAD CREDIT SCORES
If your application for the short-term loan by the regular banks has been turned down because of bad credit history, don’t worry. You can contact us so that we can help you get the most appropriate solution in the line of your requirements. We interpret your needs and other credibility parameters sparing the bad credit score. We understand that bad credit history may exist because of some valid reasons also. Going a step ahead from other brokers, we proffer our clients a variety of short-term bad credit loans with multiple repayment options that give them extended freedom in repayment.
Whatsoever we commit at start, we keep the words until the last because, — we want to help you, not to dig you deeper into the spiral of debt.
This is a representative example of what it may cost: a Loan of £7,500 over 60 months at 3.3% APR would equate to monthly repayments of £135.60, and the total cost of the loan that you pay back would be £8,136.22
Warning: Late repayment can cause you serious money problems. For more information, go to MONEYADVICESERVICE.ORG.UK
Credit subject to status & affordability assessment by Lenders.
Loan Princess is a credit broker and not a lender