The Different Types of Short Term Loans 1 | Page 14

Nowadays the terms of repayment available are good,
meaning consumers have choice at their disposal.
Depending on the lender this could mean repayments
over 3 months or 5 months or even 6 months for
example. By selecting instalment based borrowing
consumers have the ability to repay their short term
loans in smaller and therefore more manageable
repayment amounts.