Ahead of the holiday celebration, more and more Indonesian people are lending fast cash loans. Exactly what is the reason they applied for the loan before the feast? Let’s see what the heaviest reasons are!
The month of Ramadan is a month when Muslims are obliged to fast for a full month which is to be closed with the celebration of Eid or better known as the holiday. By the time of this holiday celebration or about a week before, usually, production will have doubled. This is because the moment that comes only once a year does not want to be missed so few people are finally forced to lend a fast cash loan ahead of the holiday.
Reasons People Offer a Fast Cash Loan Over the Holidays
Aside from the one-time-only reason for the year, there are other reasons why people may lend a quick cash loan ahead of time, which is:
Want to Buy a Vehicle Ticket
The first reason is that you want to buy a vehicle ticket for the holiday. Since fraternity has become a tradition, frugality will never be forgotten by the Indonesian community. Of course, from far and away you have to book and pay for tickets in advance if you are going to use public transport such as trains, buses, airplanes, and ships.
If you buy on the day of departure, then you can be sure that you will not be able to get the tickets because these tickets must have sold out. Therefore, rather than having no tickets available, people will usually apply for a fast cash loan so they can buy tickets.
The second reason is that the THR (Hari Raya allowance) has not dropped yet. In Indonesia, there is a special holiday allowance for employees, whether private or civil servants. These THRs are provided so that you can meet the needs of the holiday such as buying dry cakes, pastries, Muslim clothes, prayer equipment, and more.
If you wait for THR to go down, then the time to spend on need lifting will not be enough. Therefore, those who are not liquid THR will choose to lend it unconditionally. For this reason, usually, the installment debt will be repaid as soon as the THR funds go down.
The next reason is that you want to make unsecured fast cash loans as a broad business capital. Yup, the loans they applied for were intended to be opened for business just in time for the month of Ramadan, especially with the holidays, so the business sector could profit many times over.
The most business-friendly business is the bakery, parcel or delivery, Muslim clothes, prayer equipment, car rentals, pet care, and cleaning services. With a capital injection from a fast cash loan, the business runs smoothly and from the profits, you can capitalize on your need for money so that you will not run out of money due to the extra income of the business.
Fix Vehicles for Toddlers
As mentioned above, Indonesian society cannot escape the tradition of music. If they do not go by public transport, they will definitely go by private vehicle. But in order to go public with a private vehicle, you must make sure your vehicle is safe to use during the commute.
So don’t want to make sure your vehicle gets into the workshop first and will definitely spend less money on it. Especially if the type of vehicle you are going to bring is a private car. Of course, all parts should be checked and repaired in case of minor damage so that the trip to the freeway can be safely controlled.
The Cost of the Holocaust Needs
Another reason people apply for a fast cash loan is that it covers the cost of a broad daylight saving. Remember, the cost of this holiday is not just about transportation. But when you decide to go for it, there are definitely needs to go along with it.
Take for example the cost of eating out on the go, the cost of buying snacks, and the cost of living in your hometown such as holiday greetings and traveling expenses with your family during the holiday season. Although it may seem trivial, just keep in mind, people who go out in the open are certainly more comfortable in their pockets than those who do not know how to celebrate the holiday at home.
Is It Offerable for a Quick Cash Loan Over the Holidays?
After looking at the various reasons above, we wonder if it is safe to apply for this fast cash loan ahead of the holiday. Doesn’t a loan like this fall into consumer debt to avoid? In fact, the reason for fast cash lending is above all in consumer demand except for lending for broad business capital.
Then shouldn’t we apply for a fast cash loan? Applying for any type of loan is actually allowed as long as you have the commitment to pay off the loan installment loan on time. Applying for a fast cash loan is also allowed as long as you have a fixed monthly income so you can use the funds to pay off the debt. So if you have no income, don’t try to apply for a loan!
Take Easy Liquid Online Cash Loans
Then where can we get a quick cash loan? You can apply for a loan through Good Credit online loan application which is already listed in the FSA since 2017. There are two types of online loans granted by Good Credit, Short-Term Loans, and Installment Loans.
Short-term loans are divided into two loan Sakti and Fast Loans provide loans ranging from $ 500 to $ 5 million with a 10-30 day installment period. As for the loan, the installment is also divided into two loans and loan Premier Way + + which provides loans ranging from USD 4 million to USD 20 million with maturities of installments ranging from 3-6 months.
- Download the Good Credit app on the PlayStore or AppStore
- Sign up and complete the data
- After successfully registering, log in
- Fill out the desired loan amount and tenor term
- Click start applying
Now you just have to wait for your loan to be processed by Good Credit. If the personal data provided and the documents are complete, the funds can be liquid in just a few days. Liquid funds will be transferred directly to your local bank account which you have previously provided.