It's no secret that holidays can be hard when you're already living paycheck to paycheck. Everyone wants to make the most of this time with family and friends. But where do you come up with the extra cash for a trip to grandma's, tickets to take your kids to see The Nutcracker, or simply purchase a few special gifts for your loved ones?
Requesting a holiday loan may be the solution you're looking for.
A holiday loan is a type of unsecured personal loan. It isn't tied to anything you own or that you might buy with the money; in other words there is no collateral involved. If you don't happen to pay back your loan, the lender can't take anything from you to try and get their money back. However, you must remember that there are other damaging consequences to not paying back an unsecured loan.
These loans are also usually paid back in installments over time. The payment amount will be up to the lender, but it is usually arranged to be within your means to pay back with careful budgeting and planning.
You can use your holiday loan for anything you need during the holidays. You never know what will come up during this time of year. So when unexpected guests come to dinner, you forget to buy Aunt Ruth a present, or you just need to get away from the hustle and bustle for a weekend, a holiday loan may be able to help.
The biggest advantage of a holiday loan is its loan repayment process. Holiday loans are most often installment loans that will let you get the money you need when you need it. Then, it establishes a predictable repayment plan. Your lender will tell you how long you have to repay your loan and how much each payment will be.
This gives you the freedom to have a great holiday experience and the discipline of a prolonged payment schedule that will help keep your budget balanced.
Some loans, like holiday payday loans are designed to be paid back with your next paycheck. So if you need a short term loan solution, these may be available as well, so you don't have to get into long term debt. It just depends on your situation and what works best for you.
Online lenders will want to know about some or all of the following financial items:
Not every lender will look at the same information or judge it the same way. Each lender and financial partner we work with will have their own rules for deciding whether or not you would be a good fit for a loan through their company. They will also use this information to set the terms of your loan. They will tell you how quickly you must repay the money and what fees you will owe.
Some companies may not factor in a credit score as much as others when requesting a loan. If your credit history isn't great, this may make it possible for you to get a loan based on your work and income alone. However, it is also important to note that your interest rate and fees may be higher without a good credit score.
LightningMoneyLoans.com is here to help smooth the way toward the holiday loan you're looking for. We are not a direct lender, but we can help you connect with one of the 50+ lenders and financial partners that we work with that might be willing to enter into a loan agreement with you. Overall, it's a better way to find a loan online.
It all starts with our simple request form. It's safe and easy to provide details about yourself and what you're looking for. Then, we'll contact our network of lenders and financial partners to tell them about your request.
If a lender or financial partner is available who can offer you a loan, you can review the terms and decide whether or not to accept. If you accept, the lender or financial partner will begin sending out your holiday money.
Sometimes, Lightning Money Loans cannot find an available lender or financial partner for your particular situation. If that happens, we may provide you with additional options to consider. These companies specialize in helping their clients repair their credit, settle credit card debt, or offer other loan products such as title loans, etc. The supplemental options will be just that, options and not an obligation.
Depending on your financial situation and needs, we work with lenders and financial partners that may be able to extend a loan between $200 to $50,000.
Remember, it is always wise to borrow only as much as you realistically need and to review the terms of your loan offer carefully before accepting it.
Fill out a holiday loan request with Lightning Money Loans and get the financial help you need to get you through the holidays!
