No matter how much you try to budget, unexpected bills can pop up at any time and leave you feeling stressed and overwhelmed. Luckily, there are plenty of options for you to consider, such as a 3 month loan. While they’re not suitable for everyone, a 3 month loan could give your finances a much-needed boost to help you cover those urgent expenses that just can’t wait. But with a short repayment period and high interest rates, you need to carefully consider if 3 month loans are the right option for you.
As a transparent broker rather than a direct lender, Tendo is committed to helping you find the best lenders and quotes for your unique personal and financial circumstances. And to help you make a fully informed decision about whether a 3 month loan is the right option for you, we’re here to advise you on the conditions of a 3 month loan, along with the financial responsibility and how you can apply for one if you decide it’s the right option for you.
How To Get a 3 Month Loan
If you’ve decided a loan is the right option for you, it’s time to apply for a quote. Applying for a 3 month loan quote is straightforward, thanks to our handy online form. You’ll need to answer questions about your personal and financial circumstances, such as your income, how many dependents you have, your mortgage or rent payments and any other loans you may have. This information will help lenders assess whether they can offer you a loan quote that is suitable for you.
How do 3 Month Loans work?
A 3 month instalment loan can be used to cover urgent bills such as boiler repairs, vet bills, car repairs and much more. It’s not recommended to apply for a 3 month loan to cover non-essential bills such as holidays due to the short repayment terms and high interest rates when compared to other financial options.
The application and lending process is designed to help lenders assess whether you can afford the loan repayments. Missing or being late with repayments could result in late penalty fees and may affect your credit score.
Can I apply for a 3 Month Loan the Same Day?
Applying for a 3 month instalment loan using our online form usually takes only a few minutes. Once you’ve submitted the form, we’ll aim to provide you with the best quotes in a matter of minutes. You’re under no obligation to accept a quote, but if you do, the money could be transferred into your account on the same day or following day, though funding times can vary depending on the specific lender and your bank.
3 Month Loans For Bad Credit Individuals
Unlike some other lenders, the panel of lenders we work with consider applicants who have less than perfect credit scores. You could be approved for 3 month loans for bad credit, even if you have applied for loans elsewhere and been turned down.
Due to the increased risk to the lenders, 3 month loans for bad credit typically have higher interest rates than other types of loans.
What types of 3 Month Loans are Available the Same Day?
Here at Tendo, we can help you find quotes for various types of loans, including loans for bad credit, which are designed for people with less than perfect credit scores. You can also apply for emergency loans, which can help you cover urgent expenses, along with payday loans, which can tide you over until you next get paid.
Why Choose Tendo for a 3 Month Loan if You have a Bad Credit History?
As a broker rather than a direct lender, we’re dedicated to finding you the best quotes for 3 month loans for bad credit to suit your personal and financial circumstances. Using our simple online form, you can apply for 3 month loans in the comfort of your own home, without the need for lots of paperwork.
What to Do If You’re Struggling with Debt
A 3 month loan could be a good way to help you cover urgent expenses. However, it’s important you understand the responsibilities of a loan. If you need financial advice or assistance, you may want to seek help from any of the following services:
If you feel you are struggling, or may struggle with your 3 month loan repayments, we recommend you reach out to your lender as soon as possible.
