Short term loans have easy eligibility requirements. The entire process is simple. There are other reasons, though, to choose this type of loan over other options. When you need cash, the need may be urgent. You may not have time to wait for a bank's long review process. With a short term loan, you will receive cash quickly. You will also appreciate the fact that short term loans are confidential. As you will not be asked for references, no one will know you have a loan except your lender and yourself.
While these loans are primarily for financial emergencies, you can use it for any purpose. Whether you need to pay a bill, purchase something that is on sale, or want to buy a gift for a special occasion, the lender will not ask why you need the money. While you should not take out loans for trivial reasons, it is good to know your personal reasons are respected.