Finance Lab Payday Loans – If you are facing a bad month in terms of finance and need a small loan to take care of expenses till you get your next pay cheque, you can for a Payday Loan.
Finance Lab is micro credit provider that offers Payday Loans to the South African market and these loans have up to 30 days to repay.
You can borrow up to R2 000 in line with your affordability and there are no restrictions use of the money, you can use it for any expenses you might have.
Why Choose Finance Lab Payday Loans?
Finance Lab Payday Loans can be the best choice for you if you need a little extra cash to meet your immediate expenses while you wait for your next pay day, these expenses can be anything from medical expenses, car repairs, grocery money to take you to month and so forth.
These are short term loans making them ideal for those who do not wish to stay too long in debt, you have up to 1 month to make a repayment on the loan. Finance Lab Payday Loans are unsecured loans therefore you do not need to provide any collateral when applying for these loans.
Applying for Finance Lab Payday Loans is quite quick and easy, their application requirements are not too strict and you get feedback on your application within a short time. Your credit profile and affordability will be taken into account when determining the maximum loan amount you can take out, this is necessary to ensure responsible lending where you are not burdened with a loan beyond your means.
If you get approved and you have agreed to the loan contract, the money will be deposited into your bank account. You will be required to repay the loan within the 30 days as per agreed date and if you are interested in another loan you can always reapply after paying of your current loan with them.
It is important to pay your debt on time and in full to avoid additional interest charges and penalties and to build up a good credit record.
What is needed to apply for Finance Lab Payday Loans?
To qualify for Finance Lab Payday Loans you must have a valid South African ID, 18 years of age or older and you must be permanently employed. You also need a bank account where your salary is paid into, an email address and a cellphone number where you can be contacted directly. To know more about Finance Lab Payday Loans feel free to visit their branch near you and they will assist you.