Quick Cash Loans – Get Hassle-Free Cash in The Same Day

Posted by Loanfront on October 6th, 2019

Are you looking for some cash to deal with an emergency ahead of your payday? You can visit a lender’s loan shop nearby, but the loan may take a few days to approve and deposit in your account. However, that is not the case with quick cash loans. These quick cash loans let you borrow urgent cash in the same day since its entire processing takes place online.

Many people depend on their salary check to meet daily expenses. For them, online cash is the best-explored option to avail of some money in a quick time. They can put the cash to use on the same day for car repairing, paying off bills, or any medical emergency.

Quick cash loans fall in the category of unsecured loans. A borrower can have the money by submitting the proof of current employment status and salary slips. Hence, you can borrow money without putting any property with the lender.

Here are some key features of the loan.

1. No paperwork involved: Every step to process the loan application from start to finish takes place online, eliminating the time-consuming paperwork. There usually is not any need to submit many documents as well. Just fill a simple online application form with the required details, and the lender will approve it in a few hours.

2. Eligibility: Indian nationals of above 18 years of age who are employed and drawing a monthly salary of at least Rs 15000 are eligible for quick cash loans. But such applicants must also have Facebook/LinkedIn profile, Aadhaar Card, and PAN card.

3. Fast application processing: The borrower does not have to waste time traveling to a physical loan store to submit an application and documents. A physical store generally takes a few days for approving a loan application. But in the case of quick cash loans, the processing of application completes in minutes. The applicant then has the approved cash in a bank account in a matter of hours.

4. Urgent cash needs met: You can borrow Rs 2000 and above it for the same day use. So, this money is sufficient to meet an immediate expense ahead of your next payday.

5. A safe loan to borrow: Some people worry that the disclosure of personal information on an online site is not safe and secure. But the applicants should not fear as the lender App encrypts the entire application submission and cash approval processes for the safety of your data. 

6. Convenient 24-hour services: A .timely solution to a borrower’s problem is the key to making the borrowing a great experience. Quick cash loans come with a quick response from online support groups who will attend to your queries and answer them on time. This measure helps in getting the cash in the same day for emergency purposes.

7. Repay shortly: You can repay the entire loan in 15 days to 180 days, depending on the cash amount you borrowed.

The interest charges on quick cash loans are 36% [APR], which translates to 3% per month. So, the loan is not a burden considering that you need it for urgency.