MoneyMe

Normally when you think about personal loans, you think about small amounts of money that you can loan. It never occurs to a client that there are credit providers that can literally give you money that would be enough to make you start your life all over again.

Well, not entirely, but there is a lot you can do with $15,000. Yes, you heard them right, at MoneyMe, they can offer their clients up to $15, 000 in credit advances terms and conditions apply.

Terms and conditions

They are a transparent financial organisation that doesn’t have any hidden costs. They will never shock their customers with fees they didn’t make mention in the first place.

That said, the terms and conditions that apply are mainly due to your credibility and affordability assessments. MoneyMe needs to find determine if you are in good financial standing to afford the money you are applying for, let alone the payday loan you are applying for.

Build up a good credit record

It is important that their clients understand that as much as they want to help them, they can’t do much if they have a bad credit record. Instead, they can advise them on the number of ways they can incorporate slowly building a good financial record again.

In turn, if they take all the measures necessary to “clear” their name, they may not qualify for a quick loan application this instant but they will surely stand a chance in future. So relax clients, not all hope is lost!

The online application takes less than 5 minutes. This is the section where you need to give them your personal details.

The whole point behind this notion is so that they can get a better picture of their clients. They would at least like to believe they know the people they are dealing with. Should your payday loan application be approved, the money will be making its way to your preferred bank account.

Credit history is important

As they have mentioned that they like to get a better idea of their clients and how they operate, their customer’s credit history is no different. By doing this, they are trying to establish if there is a bad or good pattern as far as your payments are concerned. Should they raise any findings, this may hinder your online loan application because judging from your previous credit history, they will have an idea as to how you will pay them. This is not the case with every client as they believe people change for the better over time and start paying their loans. Therefore, depending on the severity of the findings raised, they will then decide if they can continue with your loan application or not.

Loan period

Depending on how much you loaned and how you will be able to pay it, you can decide to pay it over a period of several months. This has turned out to be a great idea for most clients who have other financial responsibilities that may need attention like credit cards. Should you be able to repay your loan in one single payment, you can do so. Nothing stops you from repaying your loan earlier than the agreed-upon date.