Finding things a little harder this year? The kids are out of school, your days are filled with more tasks to take care of and far more items to pay for. You’re not alone. More and more parents are turning to quick payday loans for school holidays. Here, we’re pointing out 4 of the main reasons these loans are so helpful when your expenses are soaring way beyond your budget. We’ll start with:
Payday loans are super fast
When your hands are tied and you need a cash loan paid into your account without too much effort, a short-term loan is the ideal solution because it’s designed for speed and practicality. At Quickle, these types of fast loan are our main focus. We know that when money is tight, speed can be the most crucial aspect that takes priority.
Once we receive an application, we do all we can to make sure we get back to you with a response as soon as possible, this is usually within hours. The funds are paid straight into your bank account. Once the loan is agreed, the money can arrive within 24 hours of your application. This level of speed and reliability is one of the strongest reasons so many parents turn to these fast payout options during the most hectic times of the year.
Credit rating doesn’t get in the way
Sick of being refused elsewhere for credit cards and personal loans? These other forms of borrowing assess your credit history thoroughly before deciding whether or not you’re approvable. With a short-term loan, your credit rating is not as important as your current level of income.
Saving on child expenses is tricky. No parent wants to cut back too much when it comes to their children, but during the holidays, financial pressure always seems to go up a notch. When it comes to allocating a budget and watching your spending, things don’t always go to plan. If you have a credit card, you can settle payments pretty quickly. But when you’ve maxed your limit and can’t apply for a new one, a cash loan could be your next best move.
Why don’t we check credit history? Because it’s slow and brings a huge delay to the loan process. The most important thing to us that we provide you the funds you need to cover your costs until your next payment from work. This means cutting out stages that take too long and making sure the process is as streamlined as possible.
Instead of your credit score, we check your recent banks statement to be sure you’re earning enough money every month to pay back the amount you’re borrowing without difficulty.
Practicality is key with payday loans
Budgets are always hard to stick to, especially when you’re keen to keep the kids busy as well as entertained. You don’t have to leave the house to apply for one of our loans and the money is paid straight into your account, meaning you can spend less time travelling and more time leading your kids on whatever exploits you have planned.
You can pick the exact amount you need
With cards or overdrafts you have a credit limit you can hit if you really need it. The problem is, we all tend to reach our limits on things we just don’t need simply because we can. We understand exactly how destructive this dynamic can be! With our fast school holiday loans, we let you chose the exact amount you want to borrow to the dollar. This means you keep complete control over the amount you take and the costs you’ll be required to repay when you next get paid from work.
Whether you need to make sure everyone has the right gear for the return to school, repair something in the house that you can’t live without, or make up for any other unexpected cost, our loans are here to help you make it through.
Those are our 4 top reasons school holiday loans are on the rise. When the kids are home, there’s always more to do. If you think a quick injection of cash to your account would make all the difference, we’d be happy to help.4 Reasons School Holiday Loans Are On The Rise Click To Tweet
Read more about school holiday loans here, or in our previous blog post: Top Tips When Looking For A Fast Loan