Short Term Payday Loans Over 3 Months
Lucky Loans now offer 3 month payday loans designed to help ease your personal cash flow and make the loan repayment process as simple and stress free as possible. Our new finance option will enable borrowers to pay their loans back in full with 3 easy repayments spread over 3 months. We understand that sometimes no matter how hard you try to save money, there just seems to be too much month after your payday which is why our new 3 month flexi payday loans may be an ideal solution.
Payday loans have always been a fast and short term solution to individuals suffering small financial issues. Originally many payday lenders only offered borrowing terms of a few weeks, or in most cases, up to your next payday. The borrowed amount was usually automatically deducted from your account by the lender on the agreed repayment date.
Many people struggle to pay back their payday loans in just 1 transaction which can result in a late payment fee and a higher interest rate which can potentially have a negative affect on your credit history. Our new 3 month flexi loans are designed to ease the repayment process by allowing borrowers to repay the full amount in 3 equal payments over the course of 3 months.
How it Works
Our 3 month payday loans will work exactly the same, you will choose the amount that you wish to borrow using our home page sliders and will also choose the length of time in which you wish to borrow for. Our maximum borrowing period is set at 90 days (3 months) Once you have chosen your amount and the length of time that you wish to borrow for click the apply button.
Step 2 marks the start of your application form, you will be required to fill out a quick 5 minute form that will give us information regarding your name, address, employment history and homeowner status. We will also ask for the bank account details of the account you would like the funds to be transferred to. We will never take a payment or charge a fee for you to use our service.
Once you have completed your application form we will then give you an instant decision. If you do not meet our criteria you will be informed that you have been declined for a loan. However if accepted you will be redirected to your loan agreement page which gives you the chance to check the details of your loan. Here you can check information such as the amount that is being borrowed, interest rates, total amount repayable, and repayment dates. You can usually choose which dates you wish to make your 3 monthly payments on.
You can still accept or decline the loan offer at this point
Once you have accepted your loan offer the cash will be transferred to you within 15 minutes. We specialize in fast cash transfers and understand the importance of providing a fast service. Once you have received your payday loan you will be free to use the cash however you wish. The 3 monthly payments will be automatically deducted from your account on the agreed dates, you won’t have to do anything apart from ensuring that you have the funds in your account on the specific dates.