More about short term loans
Payday Loans are a very short-term kind of loan, usually for a month or less. You
repay the entire amount, along with any interest and charges, in a single repayment.
Instalment Loans are loans that are repaid over a number of months – you can apply
for as little as 2 months or as much as 18 months duration.
Guarantor Loans are longer term loans that can be for larger amounts. They require
you to have a guarantor, who will be responsible if you do not make the necessary
Line of Credit
Lines of Credit are a mixture of longer and shorter term, as they are loans that
you can repay within days, but can access again as and when needed over a period
of time. They are designed to help avoid going into unauthorised overdraft territory.