Do you need quick cash? Sometimes we all need a bit of extra money, no matter how good we might think our budgeting skills are and how much we think that we are on top of things. You can’t predict when your boiler is going to stop working in the middle of winter and you need some cash quickly to make up the cost of buying a new one.We just can’t foresee situations where the car breaks down and needs costly repairs, at the same time as you have just spent all your spare money on a much needed holiday for the family. These are the kinds of situations that we can’t predict and where quick cash could be a temporary solution.
Quick cash is a temporary type of loan that makes it much easier to cope with life’s little emergencies when they arise. You can apply as long as you are at least 18 years old and a UK resident with a UK bank account. You also need to be employed, as you will need to repay the loan back at the end of the month from your next salary payment. Charges vary between lenders, but you will likely pay around £29 interest on every £100 that you borrow, but this is all paid back at the same time, in one quick and easy direct debit payment so you don’t have to worry about missing the payment date or working out how much interest you will have to pay, as it is all done for you. You just need to make sure you have the cash in your account.
Easy of applying
It is easy to apply – just a single telephone call or mouse click gets your application under way. Once you have made your application you will get a fast decision on whether or not you are initially accepted for quick cash. After that you might need to provide a document or two in rare cases – you can scan and email anything required. It’s usually confirmation of salary or employment. After that confirmation, the money is sent to your account within 24-48 hours, or even faster, depending on the lender.
Using this form of quick finance sensibly means making sure that you have enough money to repay the cash at the end of the month when your salary comes in. Try drawing up a budget to work out how much you can actually afford to borrow and be sure to avoid a situation where you have to reborrow quick cash as soon as you have repaid it or where you end up rolling over your repayment date repeatedly, as this can be very costly. The reason that it is costly is that the loan is not meant to be used as long-term finance, so you should only borrow it for a short period of time.
So, if you want to know what quick cash can do for you, it is this: an easy to arrange, quick to get hold of, short term loan that you can use to make sure that your life keeps moving and doesn’t get stuck when something unexpected happens.