A detailed list of your cash comings and goings is a great way to see how much you need to make to cover your basic needs and how to prioritize your spending habits to allow for the things you want. Sometimes, however, unlucky months can bring a lot of financial responsibilities. If you’ve seen a month where you’ve had to wipe out your “want” allowance and still find yourself short, don’t worry. You can get back on track and make ends meet with an online loan.
Not all loans are created equally, so you should know some basics before you sign along the dotted line. There are a few different small-dollar loans available for different situations. One-size does not and should not fit all cases, so you need to understand where you are financially and what you require to meet your short-term goal. A single-pay loan is great for when you need $200-$500 and can pay it back (in one lump sum) after a couple of weeks, usually whenever your next pay check is deposited. If the idea of paying a loan of $500 or less in one sum is frightening, then there’s the option of a flex-pay installment loan. With this option, payments are financed over a schedule that’s more feasible for your financial situation. Lastly, there’s an option for a personal line of credit. Typically a credit limit of $1,000, you only have to pay interest and fees on the amount you use.
If you’re unsure which loan is right for you, there is help. Securing a loan that you can manage doesn’t have to be hard or frustrating. Simply contact MoneyKey. As a direct online lender, they both approve and facilitate your loan, so you don’t have to speak with multiple intermediary companies in order to receive your money. They also have an incredibly simple application process on their website MoneyKey.com. Their representatives are available by phone, email, or online chat to answer any of your questions regarding your loan terms. And once you’re ready to lock in, you can receive your loan in just 24 hours.
Finding a small-dollar loan for your short-term goals can be as simple as that. You don’t have to lock into a loan that exceeds your repayment capabilities or with a loan company that wants you to do so. With a trusted private money lender like Inca Capital, you can be connected with the right loan with reasonable terms. That way, you can pay for that emergency and get your budget back on track.