Moolr provide loans for all, whatever the circumstances. Whilst we source loans with repayment periods for up to 5 years, our flexi-cash loans refer to loans for 1,2, or 3 months. They are there to provide assistance for those that need short-term funds, and are confident in making quick repayments.
Occasionally something unexpected happens that means you require money, and quick. An unexpected bill, car repairs or a plumbing emergency can leave you not knowing what o do. Flexi-cash loans from Moolr could be the answer to your prayers.
The interest rate for a short-term loan, by which we mean anything well under a year, can be deceptive. By law, interest rates for loans must be displayed as the amount to be paid back annually – the APR, or annual percentage rate. However, with a 1 month loan for example, you will only be paying back money for 1/12th of that period. Thus it can be misleading to look at the interest rate and get an inaccurate idea of what will have to be repaid. As with any loan, look at what you have to repay in total, and decide if the deal is right for you. Proceed if you are comfortable with the terms. Take out the loan only if you are confident of making full repayments.
Moolr’s flexible loans mean you can borrow anything from £100 to £750. Repayments can be made over 1,2, or 3 months. They allow you the flexibility to shape a loan around your requirements and your lifestyle. By collecting together market-leading lenders in one convenient place, you can source the best rates out there without the hassle of scouring the internet. Moolr will only look to source a loan for a potential borrower if they feel it is the best solution for them. Check out further guidance, tips and blogs on our site for more information.
Flexi-cash loans are just one of the options available for those looking for finance. We offer loans for up to 5 years, for £500-£5000. Check out our site to see what we can do for you, and take our no-obligation quote to get a better idea of what deal could be waiting for you right now.
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