Short-term credit is intended for cases where there is an urgent need to make an urgent purchase or payment. A short-term loan is usually issued for a term that is not longer than one year, so before getting a short-term loan.
It is advisable to make sure that you will be able to repay the loan on time
Short term loans are now very convenient to get because credit companies offer simple online credit or sms credit services. When registering on the lender’s website, all you have to do is fill out an application form that includes basic information about yourself and the amount of credit you would like to receive. A quick loan is provided within ten to twenty minutes if the application meets the conditions set by the particular creditor.
Most lenders offer short-term loans without collateral and without a guarantor. This simplifies the process of obtaining a credit, as the credit company does not require you to submit various statements and income statements, as is the case with consumer credit.
Short-term loans can also be obtained without a job description
But the maximum amount offered by fast credit companies is often less than € 500. However, in order to get a positive response on a short-term loan, most lenders first check the customer’s credit history activities and status; if, at the same time, a loan already taken is not paid off, the new cash loan may not be granted.
A look at the wide range of credit offers shows that there are several ways to obtain short-term credit on different terms. For example, Dertelosa Personal Credit offers a short-term loan of between 7 and 30 days with a maximum loan of up to € 200, while InCredit offers up to € 3,000 with a term of up to three years. However, it should be remembered that if you receive a quick loan for a longer period of time, the amount overpaid will be much higher than if you covered the loan, for example, within two months.
There are some credit companies that offer the first credit free of charge. This means that no additional interest is charged on the cash loan and you will eventually have to repay exactly the same amount that was granted. This is a very good credit offer if you know that you will be able to return the amount taken on time. In most cases, lenders are understanding and allow short-term loans to be extended in the event of any difficulties, but a small fee is charged to the client.