5 Reasons to Take Out a Short Term Loan

Created: 2017-03-07 07:00:00

Often life throws us curve balls which are totally unexpected. If you find yourself in a situation where you urgently need some money to cover an unforeseen cost. Here are 5 reasons people often take out a short term loans through Cash Kitty.

1) A repair that needs doing in the house. Buying replacement products can be expensive and often needed urgently, and often cash is needed quickly to sort out a problem in the home. A short term loan from Cash Kitty could allow you to replace an item in your home so that you're not left without cooking or bathroom facilities.

2) Medical bills are often high if you have an emergency situation, and a short term loan could provide the money that you need to get the treatment for you that is necessary. This takes away the worry about being able to afford necessary treatment and allows you to focus on recovery.

3) Making minimum repayments on a credit card to avoid excess charges can often be a very valid reason for needing to take out a short term loan through Cash Kitty. Credit card charges can be hugely expensive if you don't make your minimum payments on time, and the cost of taking out a short term loan is often much less than having to pay the default sums charged by your credit card company.

4) If you have found yourself with an unexpected bill, taking out a short term loan could be the answer to this problem to ensure that bills get paid on time.

5) Vet care for your pets often comes at the worst time, and many people take out short term loans from Cash Kitty to ensure that their pets get the treatment they need at the time that is right for them.

Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk