Just like the name suggests, a same-day loan is an option for those who have an urgent financial need but have been turned down by their banks and other regular lenders. This is for those who have an urgent financial need. A same day loans can help you out with short-term expenses like paying utility bills, credit card bills, loan re-payment, medical treatment, etc.
It is also suitable if you want to make an expensive purchase like buying a new car or want to go on a vacation but your regular bank is not approving you. You may be asking yourself: “Does a same-day loan apply to my situation?” Maybe you have some bills that need to be paid but you don’t have the cash flow to cover them. Or perhaps you’ve got an invoice you need to settle but you’re waiting on payment from your client.
Don’t worry because WeLoans has got you covered. At Weloans, you can apply for a same-day loan with just a few clicks. Below are the steps you can take.
- Sign up with Weloans. If you have an account with Weloans, you can get started in a jiffy. Just log in to your account and fill out your application.
- Fill out your application. We have made it a point to keep the application process as simple as possible. All you need to provide is your personal details, employment details, details of your financial requirements, and the loan amount you require.
- We review your application. Once we receive your application, our team of experts will process it and get back to you within minutes. It will be a personalized decision, based on your financial needs.
- We deposit the amount directly into your account. You can get the funds in your account within 24 hours of approval.
How do I apply for a same-day loan?
A loan is a sum of money borrowed for a period of time, which is to be paid back with interest. A loan might be for any number of reasons; a business may need one to expand its horizons or a family may need one to pay its mounting medical bills or to make ends meet. The best thing about a loan is that it helps you return to normalcy soon and with a little more money in your pocket.
The first thing is your credit history. You want to make sure it’s clean and has no blemishes. The lender will not want to take a chance on someone that may not be able to pay back the loan. Next, you will want to prove income or the ability to make enough money to pay back the loan.
This means you will have to have a steady source of income. Lastly, you will need a plan to use the loan. You don’t want to just take the loan for anything. You want to make sure you have a good plan of action to use the money.
What happens after I’ve applied for a same-day loan?
The loan application form seems simple enough. It consists of your personal details like name, address, date of birth, and contact details. You also need to provide a few other details including those related to your banking and employment status. But there are a few other things that you need to keep in mind before you apply for a same-day loan.
It’s pretty simple. You’ll get a call or an email from one of our customer service representatives with the approval. Choose your loan amount based on the amount you need to cover your bills or expenses. WeLoans will take care of the rest.