The Boodle Blog

6 June

The Benefits of Applying for an Instant Loan

Is An Instant Loan Right For You?

There are many reasons why you would want to apply for an instant loan, and there are many things you can do with the money once you have it. But the question will be whether or not it’s the right move for you. Some people can benefit a lot from the type of loans on offer by Boodle, while others won’t really see any net positive or negative effect on their lives overall. If you want to apply for one of our loans, you should continue reading this article to find out how they work and how you can apply if the option appeals to you.

Remember – the final choice of whether or not to apply for an instant loan is still yours. Nobody can force you to do it and nobody can apply for one in your name or on your behalf. The decision to apply for an instant loan is usually a very personal one and Boodle will never ask you questions about it beyond what we need to know to facilitate an instant loan. We may ask you for personal identifying information such as your full name and ID to perform a credit check, but what you do with the instant loan once it pays out is nobody’s business except your own.

The Benefits of Applying for a Boodle Loan

Our loans work on a short-term basis, which means our repayment periods are relatively short (anywhere from a few days to a few months). This might sound extreme, but there are several benefits, such as not having to pay exorbitant yearly interest fees and maintaining the general health of your credit score. Most of our loans are meant to be taken out against your salary, so they are mostly quite small (ranging from a few hundred to a few thousand Rand). This means that you can get a kind of “advance” on your salary, which you then pay back as soon as your full salary is paid.

You still have full control over how much you borrow and the length of the repayment period, so you aren’t forced to choose one specific option that may not be viable for you in the first place. Before you apply, you will be able to see exactly how much it will cost you, including interest, admin fees, and the actual amount of money you intend to borrow. We will not “surprise” you with exorbitant fees and hidden costs after you have applied for one of our loans – the amount you see is the amount you can expect to pay (quotes do expire if you do not take them up, but you can always reapply).

How To Apply For An Instant Loan

The application process is very easy and can be completed in the same time it would take you to make and enjoy a warm cup of coffee. All you need to do is use the SmileDial® on our homepage to choose the amount you wish to borrow and the repayment period. You can then just click on “Get Boodle Now” and follow the steps.

Click here to use the SmileDial®.