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6 big reasons to use an instant loan app.

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6 big reasons to use an instant loan app.

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  1. 6 big reasons to use an instant loan app.

  2. Follow us on : https://www.facebook.com/EarlySalary/ https://twitter.com/Early_Salary https://www.linkedin.com/company/early-salary/

  3. For more details: Instant Loan Early Salary Website: https://www.earlysalary.com/ Early Salary App: https://play.google.com/store/apps/details?id=com.earlysalary.android

  4. Has the thought of using an instant loan app ever crossed your mind? Well, if it has, we suggest that you turn the thought into action by downloading one of these apps and applying right away. Not convinced? Maybe these features will help you think otherwise. 1. Small loan amounts.One of the biggest reasons why people turn to these apps is because they offer apt loan amounts. Unlike personal loans where the minimum loan amount could easily run into 20 or 30 thousand, with an instant loan app, it is possible to borrow as little as Rs. 3,000. This is perfect for those ‘end of the month’ cash crunches and other smaller finance needs that spring up every now and then.

  5. 4. Equally fast sanctions. You can get quick approvals when you apply for an instant loan online as well. However, you’d probably have to wait for hours, if not a day or two, before you get the money sanctioned into your account. However, with these new-age apps, you can get direct sanctions into your bank account within just 10 minutes! In fact, if you borrow once, you will enjoy instant sanctions on your subsequent applications.

  6. 2. Easy application.How easy it is to apply further augments the usefulness instant loans. You just need to find the right app and download it. Once you’ve done that, just fill the application form, pay the processing and submit your documents. Just 3 simple steps and you’re done!3. Shockingly fast approvals.Normal personal loans are synonymous with waiting times. However, with an instant loan app, you should be prepared for a pleasant surprise. This is because these apps can provide you approvals in seconds! It’s not unusual for such applications to provide instant approvals immediately after you’ve submitted your application.

  7. 5. Eligibility is a breeze. Many borrowers keep their distance from loans altogether. They are afraid of rejected application due to low credit score or insufficient monthly salaries. Most of them will stand to lose their processing fees too in case of a rejected application. However, this is but a distant memory with instant loan apps. They will offer loans to you even if you do not have a score, forget about low scores. Even individuals with salaries of Rs. 18,000 are welcome arms wide open.

  8. 6. Zero prepayment charges.Prepayments are all but forgotten due to their costs. People do not want to save on interest paid at the cost of paying penalties to prepay their loan. However, with an instant loan app, you can make prepayments without any fear of charges or penalties. This is because most of these apps do not have any clause on prepayment charges!So if you’ve been holding back on the idea of using an instant loan app, it’s time you reconsidered, especially after hearing about these features. These loans also come at low interest rates that can be compared to the cost of buying your closest mates a couple of beers. Therefore, if you need funds in the future, just reach into your pocket and get tapping on your smartphone.

  9. Hope this has been helpful, good luck and happy borrowing!

  10. Thank You…

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