In the simplest terms possible, cash loans can be defined as small loans taken to cater for emergency cash needs. The loans are usually unsecured which means they aren’t taken against assets like cars or homes. Although different cash loan providers have different terms, you need a pay slip or proof of income to get a cash loan. But most importantly, you need a reliable lender like Swift Money.
Cash loans are meant for catering to unexpected expenses such as; home repairs, a hospital bill, a car repair bill, rent arrears (due to a temporary reduction in your income) or a home appliance bill (because you need to repair or replace your microwave).