A short term loan is a type of unsecured loan designed to provide you with immediate cash support for a short duration for urgent personal or even business matters. As these loans are unsecured, it means there’s no need to put up a collateral. These loans are tailored to bridge temporary financial gaps, offering you the financial freedom!
Picture this: a medical emergency strikes, your home demands urgent repairs, or a golden opportunity awaits your swift action. Don’t let these moments slip away. Embrace the power of a short term loan, swooping in to save the day! Unlike conventional loans that shackle you with long-term commitments, repayment periods for short term loans are tailored to your convenience, you’ll never feel the weight of long-term commitments dragging you down. Say goodbye to the never-ending cycle of debt and hello to newfound financial flexibility!
We understand that your financial journey is unique, and we’re here to provide the financial fuel you need to reach your goals. Discover our comprehensive loan services such personal loan or urgent fast cash loan for hassle-free access to funds!
Our loan application is easily available for everyone on our website. Applying with Singpass Myinfo would grant you faster approvals!
Our team will contact you regarding your application within a day, or even an hour depending on how urgent your situation is. They will ask more about your situation, inform you of the documents needed, and set an appointment date and time. Feel free to ask our friendly loan assistants any questions they might have and they will happily answer.
When you come down to our office, you will meet with the loan assistant with all your documents. They will explain to you all the terms and conditions of the loan agreement, including working out a suitable repayment plan for you. Once you have read and understood everything and signed the loan agreement, you will get your cash immediately. It’s that easy!
Our loan assistants will look at your documents and income levels to determine what is a comfortable repayment plan for you. We want you to be able to repay the loan with ease, and as such can tailor your package in a way that makes repayment comfortable for you.
118 Credit allows almost anybody to take up a short term loan. Whether you need it as personal investment, or a lump sum payment for bills, the cash is yours to use.
At 118 Credit, we understand that emergencies can happen and sometimes the borrower will need cash fast to solve their personal and business problems. So if you require money fast, we got your back.
Get An Instant In-Principle Approval And Collect Your Money On The Spot!
Lesser interest paid over time: The longer you owe money, the longer you’re subject to interest. But with a short term loan, you’ll be paying everything back quicker. Even if the interest rate is actually higher than with a long-term loan, you can save money in the long run.
Predictable cash flow: It can be difficult to anticipate your financing needs in the distant future. Being stuck in a long term loan means you’ll still be responsible for payments far into the future, regardless of what your financing needs are.
More accessible: These loans ensure that financing is accessible even to small time businesses and individual borrowers with poor (or no) credit rating who don’t qualify for bank loans.
Flexible payments: Short-term loans are usually designed to better cater to your needs in terms of the loan amounts, repayment and interest rates. Applying for a short-term loan thus gives you more flexibility.
Just because a short term loan has few conditions for eligibility, that does not mean there are no criteria. There are still some documents and proof you will have to show in order to qualify for a loan:
The only time that 118 Credit will not extend credit to an individual is when they are already overextended and have exceeded their capacity to borrow.
You will have to show all the necessary documents and proof for eligibility in order for the loan to be approved.
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