You might have already heard the term “payday loan”, and wondered what they are exactly. In this article we’re gonna explain why so many people are turning to these kinds of short-term finance products when they need a same day loan paid out as soon as possible. Have a read through and see if a payday loan from Pretty Penny Loans might be the ideal solution for you. We’ll get going with:
Payday loans are very fast
Usually, people are looking for same day loans when they’ve run into a crisis situation and don’t have the money to handle it right away. The main idea with payday loans is that they are almost always paid out to you on the same day that your application is accepted.
Need to fix something in the house or repair your car for essential travel, a short-term loan could be the answer. More and more people in New Zealand are living day to day financially. If you’re pretty much spending what comes in from your salary, there’s no real room for expenses that turn up unexpectedly. When you’re short and need to pay for something immediately, only the fastest payout options will do.
You don’t need a good credit score for a payday loan
If you’ve had credit or debt in the past that hasn’t gone to plan, your credit history will be one of the main reasons you might struggle to achieve finance from banks or other sources. With short-term loans however, we judge your suitability a little differently.
When you apply for one of our same day loans, we’ll need to see a copy of your most recent bank statement. From this, we’ll be able to see your level of income and this will allow us to ascertain whether or not you are in a strong enough position to take the loan. It’s in our best interest that the loan does not put you at risk of financial difficulty, so we do all we can to help you find a solution that fits you perfectly.
If your current credit score is in bad shape, taking one of our payday loans could be a start to improving your credit situation. As long as you pay what you owe well within the deadline that is given in your arrangement, you’ll be proving that you are a great candidate for credit. For a lot of people, these fast short-term loans are their chance to improve their reputation with finance, so it’s of vital importance that they pay for them exactly as agreed without fail.
Flexibility & convenience
Everything is becoming easier in today’s digital world. Not only is speed very important for people in emergency situations, easy access and flexible products are essential too.
It is very easy to apply for one of our payday loans online. Most applications only take several minutes and if you are approved, you can expect the money to arrive in your account within hours.
When you apply for one of our same day loans, you’ll be able to pick the exact amount of money you want to take. This means you only need to take exactly what you need and wont be at risk of having to pay back more than you can afford.
Just like when you invest money, you should only ever borrow what you can easily afford to pay back when your next payday comes around. This way, you won’t have to deal with any excess charges, At Pretty Penny, we know things can go wrong, so we always try to be very understanding when our customers think they might miss a payment deadline. As long as you contact us immediately and let us know as soon as you can, we’ll have a chance at making a new arrangement to best suit your circumstances.
These are the main reasons so many people are turning to short-term same day loans right now. They’re fast, practical and easy to access online at any time! If you’re ever in a pinch with an unexpected cost that needs to be paid right away, a payday loan could be your best option to get it sorted hassle free.
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For more information about same-day loans, please don’t hesitate to contact us.
You can also read more about same-day loans in our previous blog post: Is Netflix Ruining Your Budget?