Payday Loans up to $1200 - Speedy Money
| Essentially it's a small loan with repayments that are aligned with the borrower's pay day. The term originated from the UK where this type of lending has experienced massive growth over the past decade. It's also becoming better known in Australia as it's a convenient way of obtaining credit in a fast, hassle-free process that's totally online. Statistics show that a borrower is more likely to meet their repayments if they are scheduled to come out on their pay day. It also takes the hassle out of having to budget for a repayment or remember when a repayment falls due. |
| One of the major differences between payday loans in Australia and the rest of the world, is the cap on fees introduced by the Australian Government. |
| We can offer these small amounts economically because the entire process is online, from your application right through to when your loan is repaid. The application takes as little as 5 minutes and you'll have an answer in less than an hour. |
| Most customers are using payday loans to cover temporary cash shortfalls over the course of a month. Often customers tell us that they have been hit with two or three unexpected bills at the same time, there has been a change in their pay cycle for some reason, or it's a particularly busy or expensive time of year, say around Christmas and school holidays. And meeting repayments does not always go according to plan either. Generally we try to avoid levying fees where possible. This can be done by making part payments, or catching up on repayments, thus avoiding extending the term of the loan.http://www.speedymoney.com.au/Payday-Loan |
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