NO effect on your credit file
Short term personal loans FAQ's
What can I use a short-term personal loan for?
A short-term personal loan can be a really useful form of finance, providing you with a quick cash injection to cover short-term costs. Perhaps your car has broken down and you urgently need to pay for it to be repaired in order to get to work or to take the kids to school. If you do not have enough money set aside to cover this unexpected cost then short-term personal loans are a fantastic solution. Maybe the tread is low on your car tyres and you urgently need to replace them to avoid getting into trouble with the police. Perhaps your fridge or washing machine has broken down and you need to buy a replacement fast.
Are your kids nagging you to get a new TV because your current one is broken? Is your lawn in need of some TLC but you need to purchase a new lawn mower first? Has your computer died and you need a quick replacement so you can work from home? Is your air conditioner broken but you need it for the summer?
Whatever your reason for needing a short-term personal loan, Australian Lending Centre has the solutions. We understand that people often need to access cash that they do not have readily available. Rather than going without or living way beneath your means, a short-term personal loan can be an opportunity to cover these expenses without making you feel like you’re drowning.
Why should I get a short-term personal loan?
It is almost impossible to plan for the unexpected in life. You can budget and put money aside all you like, but it’s likely that there will still be times where you need some extra support. Life has a habit of throwing surprises at you when you least expect them and not all of these surprises are pleasant. You should consider getting short-term personal loans when the unexpected does happen. Rather than going into your overdraft, taking from your savings or going without, a short-term personal loan can be your answer. This form of loan is usually for smaller amounts of money, meaning that it can greatly help you in the short term, and can also be paid off quickly.
A few small weekly, fortnightly or monthly payments depending upon your chosen repayment schedule and your loan can be paid off. This means you can continue to live comfortably while you gradually pay off your expenses, rather than paying a large lump sum which can make life stressful.
If you try to pay off the short-term expense and as a result, are left short of cash to pay for bills including rent, phone and electricity then you may end up defaulting on these payments as you fail to cover them. This can lead to getting a bad credit rating and putting you in a worse situation than if you simply took out a short-term personal loan.
What are the benefits of a short term personal loan?
- Easy application process
- Fast approval
- Receive funds into your bank quickly
- Flexible terms
- Bad credit options
- Cover unexpected costs.
