Advantages Of Shortterm Payday Loans Will Include:
Confidentiality. Short term payday loan company keeps all our clients information confidential and promise not to share it with anyone unless with your own consent, because we know how important our clients are.
Free consultation. Short term payday loan Company offer free consultation to all our clients any information that you would like to get has been provided by our company in a free hassle manner. You have all the rights as our clients to get all the information you may need.
Skilled personnel. Our company has got very competent personnel that guide our clients through all the processes successfully. You can confidently rely on them for the best advice concerning online payday loans direct lenders while applying.
Effective communication. There is need for effective and efficient communication when handling such issues and we promise to keep all channels open for you to reach us easily.
Fast and simple. Short term payday loan is fast and simple to apply since it only take five minutes for application process to take place.
Safe and secure. Our company will always make sure that the information you give is kept safe and secure and no one can get accessed of it.
Availability. Short Term Loan Company now available on the web which means that the borrowers do not have to visit any lender personally which is a time consuming process. Apply for these loans online just requires a few minutes as you just have to make some clicks to avail this cash loan service. Upon approval the cash is transferred into your bank account. In the same way when the due date arrives the loan is deducted from your account automatically it means you don’t have to go through any hassle to apply for this service or to make the repayment which does not happen in other loan programs
Disadvantages Of Shortterm Payday Loans
Below are some of the factors that undermine Short Term Payday Loans and that’s why we advice our customers to try through all means to abide by the rules.
Late payment. If a client has not paid the loan on the agreed repayment date then a missed payment fee of $10 may be added to your account. In addition you may be charged default interest for the period you are in arrears at the flat contractual rate applying to the agreement and subject to the application of the rate cap. It is in both our interests that the loan is repaid. We will make every effort to contact you and talk through the issues, with the aim of helping you resolve your situation.
Impact of late payment on credit score. You should also be aware that failing to repay on time may have a negative impact on your credit score as we provide payment performance information to credit reference agencies.
It is important that you assess your ability to repay the loan on the agreed date. If you feel this is not going to be possible we advise you to not take out the loan. As responsible lenders we feel it is important you go into the process with your eyes wide open.