A 4 Step Guide To Finding Short Term Loans From Trustworthy Lenders

A simple Google search, using the keyword “short term loans” reveals more than 400-million results. It’s astounding to imagine that there could be that many lenders out there, and it begs the question: how do you know if the lender you found online is above board? You don’t want to be scammed by a loan shark or any other type of financial opportunist. At Cash Relief we don’t want that for you either, which is why we’ve compiled this easy-to-use guide on vetting potential short-term lenders.

Step 1: Scout The Website For Answers To Any Questions You May Have

The lender’s website is the first place to begin your quest for information. The whole point of having a website is to inform and educate potential clients. If you visit one and leave with more questions than answers, something’s amiss. You can always follow-up by contacting the lender, but if you’re not satisfied with the answers you get, rather try elsewhere.

Step 2: Take Online & Face-To-Face Reviews Into Account

There’s no better reflection of a lender’s services than the experiences of past customers. Read through the reviews online or speak to someone you know who may have borrowed from the short-term lender you’re considering. Weigh the good against the bad for a fair assessment before deciding.

Step 3: Read The Contract Thoroughly & Consult An Expert Where You Don’t Understand

Every industry has its chancers, and many they tend to hide their unscrupulous practices in plain sight. You may be desperate for a financial boost, but don't let that blind you. Make sure you understand the fine print of the loan agreement before you sign. If you’re uncertain, ask someone who knows more than you to clarify anything you don’t understand.

Step 4: Don’t Apply For Short-Term Loans That Ask For A Fee Upfront

It may seem obvious, but when times get tough, any solution is appealing. Steer clear of loans that ask for an application fee or any other payment before processing your request. There’s no sense in paying for a loan beforehand.

We understand the importance of working with a lender you can trust. Contact Cash Relief for quick and easy short term loans in NZ today!