What Is a Short-Term Personal Loan?
Sometimes expenses and purchases cannot always wait until your next payday. When life throws you a curveball that you cannot afford right now, a Short Term loan could be the answer. Short Term loans provide temporary solutions for immediate costs, allowing you to cover urgent expenses now and pay back the money when you have got the funds to do so.
Sometimes waiting days (or even weeks) for a loan just is not good enough. Through Cigno, our solutions can result in a clear cash in your account within hours.
Our Process for Short-Term Loans
We use our vast experience in the finance industry to find a solution for everyone, No matter what circumstances we will do our best to help.
As part of the application process, you will have the opportunity to choose a repayment schedule that is affordable and corresponds with your payday. It is important that you choose the repayment schedule that you can afford while still being able to pay your ongoing everyday expenses. If not, then you should consider other options.
It’s convenient, fast and easy!
Get a Short-Term Personal Loan with Cigno
Are there any requirements?
Typically, we will only require your personal details such as your address and contact details and your recent 90-day bank statement. If on the rare occasion we need further information is required, we will let know and work with you to get the application submitted as quickly as possible and we’ll only ask you for the specific information we need to find you a suitable solution.
Are there any fees involved?
When you make your application, we will provide you with all the relevant information regarding the fees involved and any lender costs. You can also read about these in advance on our Costs page.
Short-Term Loan Repayments
As part of the application process, you will have the opportunity to choose a repayment schedule that is affordable and corresponds with your payday. It is important that you choose the repayment schedule that you can afford while still being able to pay your ongoing everyday expenses. If not, then you should consider other options.
FAQ
Can I get a short term loan with bad credit?
Cigno acts as your agent to lodge applications with lenders who consider your credit history as history and will consider short term loans for those with bad credit.
How long is a short term loan?
A short-term loan is usually paid off within 4-8 weeks, depending on what is best for you.
Do short term loans affect your credit rating?
Every type of loan can affect your credit score in some way and by not paying your repayments on time, it can be affected negatively.
Can I get a short term loan without a credit check?
Yes, Cigno loans will always forward your short term loan application to lenders who provide loans with no credit checks.
For more information, check out our FAQ’s.