What are short-term loans?

Through Green Leaf Loan Group, you can apply for short-term loans ranging from £100 to £2,500.Short-term loans are essentially personal loans, but with two fundamental differences: they are designed to be repaid comparatively quickly and are typically smaller than many personal loans. Through Green Leaf Loan Group, you can apply for short-term loans ranging from £100 to £2,500 that can be paid back over periods of three to 18 months. Short-term loans differ from payday loans in that they normally have more favourable interest rates and the cost of repayments can be spread over several months, whereas payday loans often need to be paid back in full on your next payday.

Short-term loans give you access to emergency cash

Like payday loans, short-term loans are designed to provide a fast borrowing option for people who need cash urgently and have no other option for raising the funds. Unlike bank loans which usually have a drawn-out and complicated application process, online short-term loans can typically be applied for using one, short application form. If approved, your loan could be transferred in as little as 15 minutes, or within a few hours. So, when you need money quickly, applying for a short-term loan could be a great solution – providing you can afford the repayments!We even have a handy mobile application, so you can see if you’ll qualify for a loan while you’re out and about! If you’d like to see if you can qualify for a short-term loan, check out do I qualify? Alternatively you can jump straight to our simple online application form and get your answer quickly! It’s free to apply and you are under no obligation to accept any loan you are offered.

Why apply for a short-term loan with Green Leaf Loan Group?

There are four important reasons why applying for a short-term loan with Green Leaf Loan Group is so great. You can fill out an application from home or from your mobile device, it's convenient, fast, and user-friendly.There are a few reasons why you might consider applying for a short-term loan online rather than with your bank or another high-street lender. For starters, applying for a loan with Green Leaf Loan Group is incredibly convenient. You can fill out your loan application from the comfort of your own home, without having to go anywhere, collect paper evidence or speak to anybody in person. You can also use our mobile application to apply for a loan while whilst you’re out and about! This means that you won’t have to take time off work or add the cost of travel to your financial stresses. Our application form is user-friendly and takes just a couple of minutes to complete and a decision will be made on your loan application very quickly, sometimes in just a few seconds. Many of the lenders in our network offer extremely fast payment of your loan once you have been accepted, so if your bank accepts Faster Payments you could receive your short-term loan within an hour of filling out your application! Want to know more? See how it works for more information.

What can short-term loans be used for?

Short-term loans are a great way to get your hands on some extra money when you urgently need it. They can be used for consolidation of minor debts, or to cover the cost of life’s unexpected expenses. If you need to pay for car repairs so you can get to and from work, or are struggling to find money to spend on emergency home repairs – a short-term loan could be a good option for you. Here are some typical reasons that people choose to take out a short-term loan: • Car repairs • Plumbing emergency • Washing machine repairs • Debt consolidation • Paying household bills Unlike banks, online lenders do not typically ask you what you intend to use your short-term loan for. Our online form asks you just a few simple questions regarding your identity, address and income, then allows you to set your preferred loan amount and duration.

Responsible short-term lending

Make sure that you have considered all other options before applying for a short-term loan. Ultimately, however, our direct lenders want you to be able to manage your loan repayments so they will never offer you a loan which they feel you cannot afford.Make sure that you have considered all other options, including budgeting with the money you have and other means of funding before applying for a short-term loan. Failure to keep up with loan repayments can result in more interest being added and non-payment can eventually result in serious money problems. It’s not all doom and gloom, though. Ultimately, our direct lenders want you to be able to manage your loan repayments (it’s how they make money!) so they will never offer you a loan which they feel you cannot afford. So, if you complete your loan application honestly and are offered a loan, you can be safe in the knowledge that careful calculations have been made by your lender and you have been offered a manageable amount.

Can I choose the terms of my short-term loan?

With Green Leaf Loan Group you can apply for short-term loans from £100 to £2,500, though the amount you are ultimately offered will be dependent on your financial circumstances. Our application form allows you to choose your preferred duration and repayment options – though this will also be dependent on your circumstances and the unique policies of individual lenders within our network.

We could improve your chances of getting a short-term loan

As a credit broker, we compare your application to loans from the top UK lenders. All our lenders have slightly different criteria in assessing loan applications, so if one lender doesn’t accept you – another might by happy to! You can save yourself a lot of time and stress when you apply for a short-term loan through Green Leaf Loan Group – one simple application form will connect you with dozens of direct lenders and we’ll come back to you with the results. It’s as simple as that. See for yourself how easy it can be, get your short-term loan application started now!

Short Term loans as explained by Fox Business

In an interview with Fox Business, Ryan Himmel, a certified public accountant in New York, says whether a person should apply for a personal loan all depends on their plans for the cash. It's one thing if the consumer wants to make an unnecessary purchase; it's another if it's used to pay for something needed. A consumer should ask herself: "What is the loan for, and how do I plan to pay it off in the future," Himmel says. "If they don't ask, that's when they get into trouble." To read more about short term loans click here to visit www.foxbusiness.com.

Disclaimer: Carefully read the terms and conditions of the application before you sign. Application approval is not a guarantee. You are under no obligation to accept the loan that you are offered.