NEWS, SPORTS, COMMENTARY, POLITICS for Gloucester City and the Surrounding Areas of South Jersey and Philadelphia

Majority of Illegal Aliens in Federal Jails Convicted on Non-Immigration Crimes
Newark Receives $7.5 Million Grant to Reduce Lead in Local Schools

In Need of Money?  Consider Getting a Short Term Loan

Screen Shot 2020-10-26 at 12.5.49

( 26, 2020)--Nowadays, being liquid or cash ready is always an advantage.  And when we say liquid, that is having the means to buy or purchase items or services immediately. But what if we’re in need of money, but it is not readily available to us this minute?  

We can always borrow from friends and family, but that is not the case for most of us.  In that instance, the majority of us resort to loans.

What are Loans?

"LOAN" is a word people both like and fear. It can be an answer to financial needs, but also creates an obligatory situation. There are loans for cars, houses, emergencies and even personal expenses… The list of loan types is long, but the basics are the same. Put simply, you are borrowing amounts of money with the agreement to pay it back on agreed terms and within a defined period. 


Let us focus on a type of short-term loan, known as ‘Payday Loans.’  Payday loans are types of loans that are paid on the next payday or as arranged with the company on a short term period (thus making it a short term loan). That makes it manageable and stress-free for both the borrower and the company giving the loan. 


We all have a reason why we need money, and we already know about loans.  But many of us also have some hesitations about applying for one.   


Not all are aware of the benefits of this type of loan or maybe just had some rough experiences with some lenders before. Hence, here are some of the advantages of short term loans:


You can expect faster approval

The likelihood of approval is higher (of course, it will still depend on your credit rating). Still, the good news is most financial companies today are working with offices for the loan requirement of their employees. As an employee, that makes you have a guarantor and can ensure your loan approval within hours from application.

The loan amount is always easy to settle

The amount borrowed will not be so big it puts you in a heavy financial burden with numerous future payments, unlike regular loans that can stress you until you complete the entire term of the loan.

Use loan proceeds your way

Since it is a payday loan that has a short payment term,  you have the choice of how you will use the money.  Whether it be using it to renovate a part of your house, buy gadgets, or travel on weekends, you, as a borrower, have the free choice of using your loan proceeds. Unlike other loans that impose certain conditions on the use of the fund for release, short term loans give you that freedom. 

Convenience when you need it

Due to the purpose of this loan product, expect a hassle-free experience once there is a need to get a short-term loan.  One can access this product (payday loans) easily when an applicant is qualified.  So, one can expect a convenient experience indeed.


Nowadays, offices and companies work together with financial centres to have a ready short-term loan facility or systems in place. That system is already within their organizations for the needs of its employees. 

Easily accessible online

Thanks to the internet, short-term loans, such as emergency payday loans, are mostly accessible online with a click of a button. You just need to have the needed identifications and other requirements ready for a fast and secured transaction online.  

What You Will Need To Apply For a Payday Loan

Now that you have seen the advantages of this type of loan, let us now go into some details on how you can access it.


  • AGE. You should be at least 18 years of age
  • IDENTITY. You should be a holder of any government-issued ID or have a Social Security number
  • INCOME. You should have a regular paying job that provides you with a regular source of income
  • BANK RECORD. You should have an active bank account


We, as humans, have needs. There are always basic ones and ones that are considered a luxury. Money is essential for some of these needs. And although we have jobs and businesses to provide us with it, there are times that we need that extra cash for emergency purposes. 


Thankfully, loan products are readily available. You can apply for them online or through your workplace, who have partnerships with financing companies. Still, many are hesitant because they don’t want to put themselves in a situation of paying it back. The good thing is that there are now short term loans for us to access. Whatever need it is, be it primary or a luxury, it is always our choice whether to apply or not for a short term loan.