A short term loan means that money needs to be repaid quickly. Such a loan is issued only for a short period of time (usually until the next pay date). This is an easy definition of what a short term loan is.
Short loans for bad credit are among the most frequent lending products used by consumers looking for help. There are many people with a damaged credit score. Around 30% of scorable consumers have a credit score below 601.
With a $1,000 loan for a bad credit, you could pay off some house bills, cover emergency expenses or even pay a rent. When you have minor cash flow problems, try short term loans online for people with bad credit!
Short term loans (also called smaller-sized loans) with terms of around one or two weeks are usually repaid with a flat fee. Depending on the lender, short term loans online can have different terms, rates, and fees. Since we are not a direct lender, we neither set nor provide any of such information.
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