WHAT ARE SHORT-TERM PERSONAL LOANS?

Short-term personal loans are financial tool designed for potentially quicker access to funds, designed to cover one-off emergency expenses. These loans are typically structured to be repaid within a short period, ranging from a one month up to a year.

Unlike traditional loans, short-term personal loans have a faster application and approval process, making them a viable potential option for customers with urgent financial needs. Customers must, however, meet the lenders criteria and pass creditworthiness and affordability checks. 

To know more about the short-term personal loans application process, approval, and more, continue reading.