Many Jamaicans are struggling with money troubles. Unemployment levels are high due to the recession and many of those who are employed live from one paycheck to the next. For those whose money barely stretches from one payday to another, a payday loan could be the ideal solution. Benefits of payday loans include:
Borrow just the amount you need – You can take out a payday loan for just the amount you need and are able to pay back. For instance, if you need cash loans to pay for $10,000 worth of auto repairs, you don’t need a $30,000 loan from a bank. You can borrow just $10,000 from us and be confident of paying it back on time.
Payback is quick and easy – It’s easy to set up a simple method of repayment for a payday loan. At the end of the quick and easy application process, you’ll be given a timeline for repayment that usually fits in with the dates of your paychecks.
No long-term agreements – Once you have repaid your loan in full, the transaction with the payday loan lender is over. This means your relationship with the lender can be complete within weeks of applying and receiving your direct deposit into your bank, with no lingering obligations.