Life doesn’t always unfold the way we plan it, including our financial outlays. Not every time we can rely on family and friends for support. Sometimes financial matters ruin relationships as well. Why let matter slip out of our hands when you can get short term loans to meet cash crunch. New age online lenders like CrediFiable support you in cheap loans instant decision making. Our simple loan application process facilitates easy loans for your various needs, whether it is a planned expense or last-minute requirement. When you need personal loans quick, online loans work best. Online personal loan application helps you borrow money instantly at any-time of the day or night, weekdays or weekends at your own sweet will.
What Are Short Term Loans?
Short term loans are typically mini-loans with a tenure of less than one-year. When sudden financial needs crop-up, an unsecured personal loan is one of the best ways to meet this requirement. Most of the banks and NBFCs usually provide unsecured loans for a minimum tenure of 1 year and above. But there are situations when your requirement is small, and you do not want to continue servicing EMIs for 2-3 years.
Also, you can expect these to be easy loans with simple process, instant decisions and minimum hassle.
How are Short Term Loans Different from Online Personal Loans Quick & Instant?
Personal loans are one of the best ways to avail short term loans. You can take an unsecured loan for a or a shorter tenure as per your needs. With tech-enabled modern players, you can now get personal loans quick and fast. The totally online loan application process has enabled paperless personal loans with fast disbursal. In fact, personal loans online are the perfect answer when you need to borrow money instantly for a shorter period.
Eligibility Criteria for Short Term Loans from CrediFiable
Our aim is to democratize access to easy loans. A significant chunk of population gets marginalized by traditional lenders. But thanks to our smart credit engine we have wider eligibility criteria to offer personal loans quick & fast. Here’s how we are different:
- Have zero or thin credit history? Meet your financial needs with our unsecured short term loans
- Whether you are new-to-credit or new-to-career, you can get personal loans quick and easy from us. Even if you have less than a year of total work experience.
- Just changed your job? You can still borrow money instantly even if you are yet to complete three months in current organization
- No bias towards employer’s brand. Avail our cheap loans instant decision-making & hassle-free process whether you work for reputed MNC, small organization or a start-up.
- You are good to get easy loans even if our CIBIL score is less than 700.
Feature-Rich Cheap Loans Instant Decision & Zero Hassle
Get the best of features when you take a CrediFiable personal loan.
Personal Loans Quick & Easy for Up to Rs.5 Lakhs
We cover both your big & small needs. Our cheap loans instant decision making process stays the same whether you borrow Rs.50 thousand from us or Rs.5 lakhs. The process is fast, simple and paperless.
Reduce Total Interest Burden with Short Term Loans
If you can afford it, we give you the option to go for shorter tenure of 6 months to repay the loan. This will reduce the over-all interest you pay on the loan. We offer tenure up to 36 months, so choose the plan that best suits you financially.
Cheap Loans Instant Decision & Zero-Hassle Experience
We offer personal loans at interest rates starting from 10.99% p.a. on reducing balance. Our loan application process is completely online, simple and paperless. We have made sure that you get easy loans with zero hassle of documentation, or waiting endlessly or running around to bank branches!
Need to Borrow Money Instantly? But Avoid the Payday Loans!
While you may need a small loan amount for a short tenure to tide over financial crunch, still you should not opt for payday loans. Here’s why you must prefer personal loans quick & online over the payday loans:
Repay Short Term Loans with Ease
Unlike a payday loan, you need not repay the short term personal loan in one shot. You can select the loan amount & tenure as whatever suits you.
Transparent Terms & Rates on Our Easy Loans
Unlike a payday loan we give you transparent terms & conditions. Our interest rate is charged per month on reducing balance. Apart from interest you just need to pay an upfront one-time processing fee of 2% – 3% of loan amount. No hidden charges.
All this while you still get Cheap Loans Instant Decisions
With a new-age online lender, you can get personal loans quick with instant decision on your loan application just like for a payday loan. Plus, you get the benefit of better pricing of the personal loan. It is like getting the best of both the worlds!
A 3-Step Guide to Apply for Easy Loans from CrediFiable
When you need to borrow money instantly, running around banks for unnecessary process and documentation is the last thing on the mind. Thanks to online lenders like CrediFiable, things have changed and for better. Our paperless personal loans online can help you save time & effort.
Step -1: Filling a Simple Online Application Form is the First Step to Get Easy Loans
Visit our website and apply for loan. We ask for a few basic details and you must upload your PAN card and 3 months of bank account statement online at this stage. This is all we need to approve your personal loan application.
Step-2: Select from Cheap Loans Instant Decision EMI Options
Once you have provided information as mentioned-in Step-1 above, our system comes up with instant personal loan EMI options for you. Our team gets-in touch with you with these and you can choose what works best for you. The next step to get personal loans quick & fast is now upload soft-copies of your KYC documents and 3 months of salary slips.
Step-3: Sign the Agreement to Get Personal Loan Quick & Fast
Our team now sends you the loan agreement copy over email. This you need to sign and hand-over to our executives who will collect it from your door-step. Once you have provided all the necessary documents, sanctioned monies from short term loans will come in your bank account within 72 working hours.
So, next time when you need to borrow money instantly, remember easy loans are just a few clicks away. Our short term loans can not only help you tide over financial gap, but also help you build your credit score for future requirements like a house or car loan.