Short term loans over 3-12 months provide a fully flexible option for those requiring fast access to funds to help cover a hole in their budget. Moolr ensure loans are provided for all, but only if it is the best option. Everyone’s circumstances are unique, and we offer a no-obligation quote so that you know what borrowing entails before proceeding.
Our no obligation quote, and should be considered as such. Ensure that you take on board what the quote entails. It gives you a broad idea of what repayments lenders expect you to make should you decide to apply for a loan and actually take one out. The quote will not hit your credit score, and so can be done with peace of mind. You do not have to proceed with a full loan application after the quote is sent to you. Also, Moolr will not pressure you in any way.
Moolr offer loans from a single month up to 5 years. but short term loans tends to refer to loans repaid over a 3-12 month period. Above that they are commonly termed medium term loans and then long term loans. A loan is a loan at the end of the day, however it is termed. Be it payday loan, instalment loan or personal loan. Loans are unsecured too, so your assets are not at risk, but if you fail to make repayments, you may be open to extra charges. Also, your credit score will suffer as a result.
The important thing to remember about taking out a loan, is to be fully confident that you can make timeous repayments. No one knows what is around the corner, but in your present circumstances, you should only take out a loan if you can budget for it. This is one of the reasons Moolr offer a wide range of repayment periods. This allows you to calculate what period you can afford to pay back what you owe.
Loans are a godsend for many, but they are not always the right option. do your research first and decide what is the best option for you. The Moolr site contains a wealth of advice and information to help you make a reasonable decision. We will not accept you for a loan if we do not feel the product is right for you. Take our no obligation quote today and see what Moolr can do for you right now.