Payday Loans Explained: How They Work and When to Consider Them

There are many reasons why people may need an advance on their salary, and payday loans through Boodle seem to be becoming the method of choice for short-term solutions to this problem.
With inflation rising quarterly, the cost of a trolley of groceries rising monthly, and load--shedding affecting many people’s income, the need for temporary financial relief is growing exponentially. Additionally, when you do need money urgently, you do not want to wait days for it to reflect in your account. It is times like these when we at Boodle are here to help. But how do payday loans work and when should you consider making use of them? First of all, let us explain exactly what payday loans are

What are Online Payday Loans and When Should You Consider Them?

Many people have lost their employment and may be considering going out on their own and opening their own business. Alternatively, they may be flourishing financially and want to invest in a second car for the family. For these larger sums of cash, you would approach more formal institutions. However, for smaller amounts and quick loans to pay for immediate needs, you could consider approaching us at Boodle for payday loans. They are all done online, and it only takes minutes.
Online payday loans are a quick, no-nonsense way of overcoming unexpected expenses until your next paycheque. You hop online, advance the amount you require, receive your boodle in your bank within minutes, and can spend it on whatever you want to. We do not ask you what the loan is for or how you will spend it – that is your business. Then, when you receive your next salary, you simply pay the amount back.

How Does it Work?

We realise that there are still people who require personal interaction. For that, you may contact us directly via email or live chat or call us on our number. These applications for quick loans may take a little longer, but you should have your boodle in your bank within two hours.
For more technically advanced individuals, we offer our quick online loan application service. You can join the thousands of Boodle members in three simple steps. From application to cash in your account can take 30 minutes.

What are the Three Simple Steps to Online Payday Loans?

We at Boodle believe that we should make payday loans as easy as possible, so simply follow these three simple steps and you could have cash in no time:

Navigate to our SmileDial on our homepage. Adjust the smile to how much you would like to borrow and for how long. The dial will work out the full amount you will need to pay back and by when. There are no hidden costs. What you see is what you pay
If you are happy with the full amount, proceed to our application form. It is quick and easy and only takes a few minutes. Remember, it is a loan, so only borrow what you can afford to pay back. Within minutes of applying, we will come back to you with an offer.
Should you find our offer acceptable, simply accept it. Your cash will be in your account within minutes

Join our happy Boodle community today and investigate the many advantages, like becoming a member of our SmileRank family. You would be disappointed if you didn’t.