Do you in need of a short term loan, but have no idea where to get started or what a short term loan actually is? Well don’t worry, MeLoan can help you. Over the years, we have helped thousands of Australians get access to quick online loans helping provide loans from $2,000 to $20,000. So, you thinking to yourself what is a short term loan, what are the benefits of these loans, and requirements to apply? Find out here before you head out to apply for your next loan.
A short term loan is a quick cash loan that comes with the option of short term loan repayments from 3 months to 36 months. The loan term usually ranges longer depending on your lender. At MeLoan, we help you find the best lenders matching your specific need for a cash loan and your profile. The entire process is handled 100% online and you can get the same day indication if MeLoan can help match you to a lender before proceeding with dealing directly with the lender.
A short term loan can be just the right option for you if you want to pay back the loan quick over a short period of time. These types of loans are become popular with Aussies who need a small cash advance and need it fast.
There are a number of reasons you may need a quick loan, including the following:
Short term loans combine the flexibility of meeting your immediate need for cash and the ability to repay the amount quickly. There is no need to get locked in a long repayment term if that doesn’t suit you. When you apply for this loan with MeLoan, you can benefit in a number of ways:
There are many reasons why someone would consider a short term loan to meet your instant need for cash:
Below are MeLoan eligibility criteria to apply for a short loan:
Before you apply for a short term loan through MeLoan, it is important to know how our application process works:
There are 4 steps to our loan application process:
1. Online Application: This should take you no more than 10 minutes if you have your basic details handy and ready to go.
2. Application Status: Our system will find the best matching lender for you. You can get a response the same day and most applications will get an instant outcome if MeLoan can assist or you or not. Keep your mobile handy as a lender may call you.
3. Meet Your Lender: Once we have found the right lender and passed on your details to them, the lender will call you to offer you their loan and conditions
4. Access Your Funds: We suggest that you discuss the loan details with your lender and evaluate the terms before accepting the loan agreement. Once accepted, your funds will be transferred to your bank account.
At MeLoan, we have one of the fastest loan applications and approval processes and your application status should be received within a few hours of applying. We specialise in finding responsible lenders that can help.
These are licensed and approved lenders who will evaluate your short term loan application and ensure that you can comfortably afford the repayments. Even if a credit assessment is involved, you should not worry if you have a poor credit score or bad credit. We may still be able to help you find a lender based on your profile.
It will take you only minutes to apply online with MeLoan. You will be required to have the following essential information handy when applying from the comfort of your home or office:
Lenders that MeLoan work with will consider all types of applications, as long as you meet our application criteria anyone can apply. No credit, Centrelink and Bad credit loans are all welcome with MeLoan.
If you want to apply for short term loan right now, fill out and submit this Online Application.
Note - MeLoan Australia is a lender-finding service only. We do not offer financial advice. We do not fund any loan product. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances.
With years of experience under our belt, we can provide some tips & tricks to help you save