If there is one thing you need to know about cash loans or payday loans, it is that they are always short-term loans. This means that you need to repay the money after a short period of time
Short can either be 14 days or 30 days, depending on the lender. So, when you come to think about it, all cash loans are short term cash loans.
If you are in need of short term cash loans, you should know that there are many lenders out there that offer this kind of service. The only thing that you need to do on your part is to search Google for cash lenders or payday lenders.
While all cash lenders charge ridiculously high interest rates, there are those that offer more lenient terms of payment. For example, some lenders do not charge you if you pay within 30 days. For the most part, lenders require you to repay the money after 14 days. Aside from payment terms, there is the matter on how much money you can borrow.
While some lenders only allow you to loan up to $1,000, there are those that can lend you up to $1,500. If you need a rather large sum of money, you should go to a portal website where you can be connected to a network of lenders.
Go to Google and type in the words “compare cash lenders”. You should get some results for portal websites. Just fill in the application form and type in the amount of money that you need. The website will get back to you with a list of lenders that have approved your loan application. Before closing a deal however, make sure that you have read the FAQ of each lender so you will know what you are getting into.