What are Holiday Loans and Why Choose Them Over Other Options?
Personal loans of almost all types tend to see a higher demand during the festive or holiday seasons. Most personal loan products hence tend to have less room for negotiations in interest rates and fees. Holiday loans are personal loan products that are designed keeping such holiday season trends in mind. Hence, these loans typically offer the best deals amongst similar products, during peak seasons, such as dates around Thanksgiving Day and Christmas.
People prefer holiday loans during the peak seasons because:
- They typically to offer better value
- They are easily approved
- They feature simpler application processes
- Some direct lenders accept bad credit scores
- They tend to be processed faster than other loan products during the seasons
Alternative Holiday Loans for Christmas and Thanksgiving Expenses
You may consider taking a bank personal loan, credit card cash advance or an installment loan with monthly payments for your holiday buying need. However, when key limitations are considered, it becomes clear why many borrowers choose the holiday loans we offer, instead:
Bank Loans - Personal loans from banks are difficult to get with a bad credit and even if you qualify, you have to wait for days to weeks for the loan to get processed.
Credit Cards - Getting cash advance loan over a credit card may seem easy but such a personal credit option allows you to borrow money upto a certain limit and the skyrocketing compound interest makes it a STRICT NO-NO.
Installment Loans - Such flex-pay loans allow you to pay over an extended term but this also means paying interest over a lengthy loan term or being in debt for long.
When you're looking for a simpler loan option that helps you with the funds you need to have an uncompromising Thanksgiving or Christmas celebration, a short-term personal holiday loan featuring no credit check, made available to you by EzPaydayCash as your direct lender can singly address all such limitations.