If you are looking for short term loans, you can easily approach us.
Sometimes everything is going very smooth and it seems very normal, but anytime unexpected money needs to come in life. Then finally, you have a great option of short term loans.
Why these loans?
This is a very common question that arises in the mind of borrowers, why short term loans? Short term loans can be installment loans or payday loans. These loans could be very helpful to handle the problem of unexpected expenses. These are offered for a few weeks or months, not appropriate for loan term money issues. Sometimes there are lots of pending payments and you aren't able to settle them all, you just need financial help, short term loans help you when you stuck in such difficulty.
Why you should apply for short term loans?
Short term loans are specially designed to meet your urgent money requirement- where you need cash instantly. Urgent money needs may be, you need money for your car repairing or need money to buy a new one for your daily work purpose. For most Canadian to afford the car expenses is very difficult, so short term loans can be proven as the best financial aid to them.
We don't want to mischief you about anything. You need to keep in mind that, short term loans couldn't be used to pay other creditors. This kind of practice may land you in big trouble.
Benefits of short term loans
Those who can't able to access traditional loans from banks and credit cards can apply for short term loans, this can be an ideal solution for money problems. Sometime, your expenses exceeding the limit of your monthly budget and that will have to pay on time. In that case, short term loans can be used to pay off those expenses.
Short term loans, whether these are installment loans or payday loans, are used to solve urgent cash problems. Paykey's online application process is short and simple, easy to understand. Our top priority is to provide you with fasted and instant financial help as soon as possible. Once your application for the loan is approved, then we aim to transfer the loan amount to your bank account.
Short term installment loans: these loans are typically designed to cover the unexpected big expense, and other life moments like; wedding or vacation. These loans are considered "unsecured loans" in nature, as you don't need to give any property as collateral. While these loans can be considered as short term loans, depending on the repayment terms and conditions.
Short term payday loans: Short term payday loans are generally for the smaller loan amount as compare to other loans. These loans provide instant funding without asking for any collateral. And, we at paydaykey always available to serve our services.
The main benefit of the short term loan is that they are available cheaper than other sources of funds. Now no need to borrow any expensive loan! The short term loan is the best option. And if you have a bad credit record, you can apply for short term loans for bad credit, and then paying back it on time will help you to rebuild your good credit scores. We also offer our consumers a lot of payment options.
Can you apply for short term loans with bad credit?
Yes, you can apply for short term loans with bad credit. A person with a poor credit score also can get a chance to get funded. Approval for your loan depends upon your affordability to repay not on your records.
What eligibility criteria you should follow?
To become eligible for short term loans the applicants have to meet all the requirements given below:
- You should be a permanent resident of Canada.
- Be 18 years of age or over.
- Have a steady source of income or benefit.
- Have an active bank account.
What will be the application procedure?
The application procedure for the loan is very simple, short and easy to understand. Once you have decided how much amount you need, and dates of payments, just click on apply now button to get our online application form. Once you complete the form, your request for a loan will forward to the short term loan provider for further process.
Once your application for the loan is approved by a lender, we aim to transfer funds to your bank account directly within less time. This application process hardly takes 5-6 minutes.
How do you repay your loan amount?
We make the repaying process very simple and convenient for the borrowers. Your loan type and the loan amount will typically determine your loan repayment terms. When you borrow a short term payday loan, it will be due on your next payday. An exact due date will be given to you at the time of loan approval. And when you borrow short term installment loans your repayment terms will depend upon your loan approval.