What Defines A Short Term Payday Loan?

A short term payday loans www.greenleafloangroup.com is perfect for that car repair, utility bill, or small emergency. A short term payday loan is just that, and is not intended to help borrowers with long term financial needs. There are also such things as longer term payday loans, such as installment loans. While the APR is usually lower, the total of payments can still add up. A short term payday loan is perfect for that unexpected cash shortage.

Is There Anything Different About A Short Term Payday Loan?

Other than being specifically short term, not really. A short term payday loan is designed to get you to your next paycheck, normally two weeks. The process for applying for a short term payday loan is fast and easy. Your information is kept secure and confidential. There is also no credit check when applying for a short term payday loan. It is always best that you pay the loan off in full on your next paydate, to avoid additional interest and/or fees.

How About Getting Approved For A Short Term Payday Loan?

Since your application is done online, and you receive your approval within about 90 seconds, getting approved for a short term payday loan couldn’t get any easier. If you can fill out a one page application and wait for just mere seconds, your approval will await you. There is no waiting in line, and no going into any stores. Getting a short term payday loan is fast, easy, confidential, and will put a smile on your face within just one business day. It just doesn’t get any better than that!

by & “Ray West“