5 Star Cash Loans Kempton Park is a cash loan provider in Rosslyn. Payday loans are short-term unsecured loans that are offered to individuals in need of emergency cash. Payday loans are intended to be repaid by the next payday. A typical payday loan has a term of 30 days. However, some lenders offer longer repayment terms.
Payday loans are often taken out to cover emergency expenses such as:
- Medical and dental bills
- Funeral expenses
- Car repairs
- Home repairs
- Unexpected travel costs
- Domestic appliance repairs
Payday loans can help cover emergency expenses, but these situations are rare. You shouldn’t take payday loans frequently as they are a very expensive way of long-term borrowing.