Nine Uses for a Personal Loan

A short term personal loan is a versatile type of borrowing, made even more useful by the very easy and fast application and approval process. The reasons to take out a personal loan are limitless, so here are just 9 of the most popular uses.

Medical Expenses

If you can’t meet payments for medical bills your credit can be badly affected very quickly. When you’re dealing with the stress of poor health for yourself or a loved one, the last thing you need is to have to worry about dealing with is the threat of legal action from a debt collection agency.

Breakdowns and Repairs

There is never a good time for your car, bike, lawn mower, washing machine etc. to break down! Sometimes these things just happen and many of these appliances are hard to live without these days. If you rely on your car for work then fixing the problem as soon as possible will save you money in the long run.

Last Minute Getaway

Perhaps you’ve been saving for a holiday for a while, and a last-minute deal comes up that you just can’t refuse – a short term personal loan will cover the shortfall that you haven’t been able to save yet. Maybe you or your partner have had a stressful time or are recovering from illness and you just need to get away - a personal loan is a quick and easy way to finance a trip.

Vet Bills

Pets feel like additional members of the family, and when they’re sick you’ll do whatever is necessary to get them well again. Veterinary bills can really add up and if your insurance doesn’t cover them then a personal loan can help you out quickly, leaving you free to care for your pet.

Badly Timed Household Bills

Sometimes a big bill can hit at a very inconvenient time for you financially. The first heating bill of winter, or the first electricity bill in summer when you’ve had to turn on the air conditioning can come as a shock and if you can’t quite cover it, then a personal loan is a much safer option than risking late payment fees or supply being cut off.

Pay off a Credit Card

Borrowing on a credit card can end up being very expensive once you consider high interest combined with late payment fees. It will often save you money to take out a personal loan and get rid of the credit card debt immediately, leaving you with a fixed repayment rate and no need to worry about interest accruing over time.

If you think a loan from Chequers Finance could be what you need then call us now on 09 299 7883 or visit our website for more ways to get in touch.

A short term personal loan is a versatile type of borrowing, made even more useful by the very easy and fast application and approval process. The reasons to take out a personal loan are limitless, so here are just 9 of the most popular uses.

Visit us at any of our branches:

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Chequers Finance Hamilton

Caro House
137 Alexandra Street
Hamilton
Phone: 07 838 2939

Chequers Finance Henderson

334 Great North Road
Henderson
Auckland
Phone: 09 836 6201

Chequers Finance Papakura

155 Great South Road
Papakura
Auckland
Phone: 09 299 7883

Chequers Finance Otahuhu

13 Criterion Street
Otahuhu
Auckland
Ph: (09) 276 4384