There is some times where you require cash for meeting short term expenses. But the duration of traditional loan is for a long time i.e. 60 days or more. Short term cash loans can be availed in such situations where you think you want come out of the burden of loan soon. In this you can get the cash for dealing with your short term financial emergencies instead of compromising with the same. Here you can avail the loans for a minimum of 15 days to the maximum 90 days.
Short term cash loans usually accompany a nominal fee as the duration for which is taken is very short. But in case where the duration of the loan is increased, the fee is also high. Normally these types of loans are taken by the self employed class where the monthly income is not fixed. But even the fixed income class people also take the benefit of these kinds of loans. Lenders are also happy to give loans to any of the class and that too without any kind of discrimination.
These loans are very helpful in case where you are not able to get through the opportunity just because you are not financially viable to make the best use of it. If you feel comfortable in repaying the amount in a single time, you have that option too. Even this will help you to give fewer fees as compared to the situations where you choose to repay back in installments. The theme is that as the number of installments increases the fee charged by the lender would also increase and vice versa. Therefore one should take a wisely decision before you go for applying to such loans.