4 Questions That Lenders May Ask You Before Approving Your Quick Loan
When you’re in a financial fix, quick loans can be a lifeline. However, Kiwis hear the word “loan” and imagine paperwork, queuing and complicated forms. That’s not always true though. The requirements that you need to meet to qualify for a loan vary from lender to lender. At Cash Relief, we understand that when you need money, it’s usually with some urgency. After all, if you could wait for your next payday, you would.
For this reason, we’ve made our application process as streamlined as possible. If you’re planning on applying for a quick loan soon, here are some of the questions we might ask you. The better prepared you are, the sooner you can get your money.
1. What Is The Ideal Amount Of Money You Would Like to Borrow?
While this question may seem like a no-brainer, it’s not always that obvious. Some people visit lenders out of desperation – unclear about how much money they need. Before you apply, sit down with your bills and work out how exactly how much you need.
2. How Do You Intend To Use The Money?
Lenders want to know that you have a plan. It’s a matter of being responsible on our end. Fortunately, we don’t ask this question to discriminate. Knowing what you’ll use it for helps us give you the best possible deal for your situation.
3. When Would You Like To Repay The Loan By?
The amount of time you take to repay a loan affects its overall cost to you. We want to be able to give you the most accurate information possible. This way, you can plan and make your repayments on time.
4. What Is Your Credit History?
Most other lending institutions base their decisions on your credit score. We know that it’s not always possible to maintain the perfect score. That’s why Kiwis with bad credit can also qualify for our quick loans. Give it a shot – you’ve got nothing to lose from trying.
In the end, what matters is that you receive the help you need. We all need a leg-up at one point or another. Who said quick loans couldn’t be the answer? Contact Cash Relief for fast, friendly and discreet financial relief today.