Moolr.co.uk | Short term loans

Short Term Loans 6-60 Months

Moolr are here to help you. Borrowing money is one of the most natural things to do in the world, and we are here to help you find the best deal. There is no embarrassment involved in asking for help occasionally to deal with life’s obstacles. Moolr’s short term loans 6-60 months mean you can borrow the amount right for you and repay at your own pace. What’s more, 

Short Term Loans

In a crowded market, it is easy to get confused by what is on offer. Loans come in may shapes and sizes. They come with many names too, from unsecured loans, to secured loans, instalment loans, flexible loans and more. There are payday loans and short term loans too. The names are irrelevant in a way. What you must concentrate on is what the offer, and their terms. You must find the right deal for you. Short term loans signify a short repayment period, and normally a year or less. Moolr’s flexible loan service allows you to repay from anywhere between 6-60 months. Also, our flexi cash option allows shorter repayment periods. 

Unsecured Loans

An unsecured loan is essentially a loan for a one-off essential purchase. As these loans are usually for smaller amounts, lenders won’t require you to secure the loan against your home, however your credit rating will be taken into consideration and may determine the amount of money you are able to borrow. They are known as unsecured loans to distinguish them from secured loans, in which the money you borrow is secured against your home.

Unsecured loans are often known as personal loans as they are a good option when you need extra money for small purchases and changes in your life, however it can be hard to find the right deal for you. That is why Moolr have brought together the best lenders on the market to one convenient place. Now you do not need to spend hours scouring the internet to find the best rates. We have done that for you.

Consolidate Debts?

If you’ve got balances on store cards and credit cards or even overdrafts and loans, you might be losing a lot of money by making multiple payments at sky-high rates. A flexible loan could help you if the rate is lower than your existing rates. What’s more, you thus would reduce your monthly repayments. There is also the convenience of just making one monthly payment. This greatly reduces the chances of you missing payments and thus incurring extra fees and charges.

A short term loan does not guarantee that your overall cost of borrowing will reduce. You need to consider the interest rates you’re currently paying and compare these with the options here. Take into consideration any other product benefits you may lose.