A short-term loan should only be used as a solution for a problem that needs resolving fast. This could be a life emergency such as needing to make last-minute travel arrangements in the event of a family or work emergency or to pay for something in the house that needs urgently fixing. It should not be used as a long-term solution to financial needs. If you need any help with your finances, we recommend you seek impartial debt advice from a not-for-profit organisation like Stepchange the Money Helper.