Small loans vs big loans – when to know what to borrow
Our loans warehouse service offers both small loans and big loans. There are differences in these loans that do not only apply to the monetary value.
Small loans often have higher interest rates and shorter repayment periods and are granted as fast cash loans. Big loans will typically have lower interest rates but will be paid off over a larger period of time.
Our loans warehouse service can advise on the best option to choose considering your loan needs, income and affordability rating. There is no need to take out big loans for small items.
Our loans warehouse has consultants awaiting your application right now.
Article written by: Andrea van Tonder 09-2014