We’ve all been there: it’s the end of the month and you haven’t got the wherewithal to pay the last bills. You’ll have enough cash next week, but that isn’t good enough. A cash advance would help, even if you have to pay for it, but without it you risk problems from your creditors. Instant loan approval from Cash Genie might be the solution; a short term loan is available quickly and easily.
This is only ever meant to be a short-term solution to your problem. The point of services like this is simply to help you through a few cash-strapped days – not to do something entirely different like consolidate big debts or find money for a new project. If you’re looking for something on a longer basis, you should go elsewhere. If you want a loan for up to four weeks, this could be an option.
This purpose is reflected in the rates. A short-term loan will cost 30 percent in interest over one month. So borrow £100, and you’ll repay £130 in total. The APR – the annualised rate – totals 2,339 percent. But you’re not borrowing for twelve months, you’re borrowing for a maximum of one month. In effect – if you’re using the service correctly – the 30 percent is a one-off fee for borrowing the money. In the same way, renting a car for a day might be economical; renting at the same rates for a year would be terribly expensive. It’s all about the time scale and tailoring the fee to your requirements.
You’ll need to meet a few basic questions to make sure you can pay back your loan, since responsible lending is good for both the lender and the borrower. (Even if you have bad credit, this is not necessarily a problem.) Assuming you pass them, you will be able to receive anything from £75 to £750 – relatively small amounts of money, but then, that’s all the service is intended to provide: a solution to cash flow problems, not a long-term loan.
Instant loan approval is just that: a decision for your cash advance will take around 30 seconds once you send the online form and around two minutes in total. The short term loan is paid straight into your bank account, subject to the necessary credit checks. And that’s it. No paperwork, no documents. It’s all about getting the money fast.
Please click http://www.cashgenieloans.co.uk/ for further information about this topic.
http://www.cashgenieloans.co.uk/