Think about it, you know that you have school fees to pay, you know when your rent will be due, you know you need to fix your car so you can drive to work comfortably, or you have been planning a postponed honeymoon and it’s over 10 years of marriage now – you still haven’t gone.
You know you need to do these things, and you probably have enough time to plan, but these needs still come due and there’s not enough money to get them settled.
So why does it seem difficult to just have money stashed up somewhere for use when the need arises?
Well, I guess you know the answer.
Our needs are always more than our resources, and that is basic economics.
So you see, it’s not your fault that you need some source of funding or loan when you have needs, as a matter of fact, you are not alone.
Millions of Nigerians and people around the world borrow monies to meet one need or the other daily.
But the real question is: how do you get these loans at the right time you need it to solve your problem before they engulf you?
To remain on top of every situation, you need to have a financial support that responds in record time.
We are going to look at a few ways you can get funds to address your pressing needs.
Ready?
Personal funding
Personal funds have always remained the fastest and most accessible funds you can rely on when you have needs.
You don’t need to do any paper work, you don’t have to wait for any approvals, you just go ahead and get it. Isn’t that cool?
The problem here is what we talked about in the introductory parts of this post -there’s hardly enough money to meet the daily demands, let alone left for savings.
Also, some financial demands come unannounced, so you don’t have time to even think, let alone save.
People often resort to selling their properties or closing their long-term investments pre-maturely, just to be able to raise some funds from within to solve needs.
The good thing is, it’s your money and you are not under any compulsion to pay back, but when you don’t have enough assets to meet the economic value of your problem, you have to look a bit farther -Family and friends.
Family and friends
This is the second zone you can land on when you’re in need of money.
A popular saying goes “what are friends for, if not for the inconveniences?”
By the nature of how our society is setup, our family and close friends automatically bare our problems too, and it’s vice versa.
If you can’t tap your own piggy bank, or if your credit score isn’t good enough to convince a financial institution to lend you money, you can always turn to the people who know you best.
Family members and friends can be easier to persuade than anonymous bank officials.
They are also more likely to look past your current account balances and credit score when determining whether you are worth the risk of extending a loan.
Moreover, they are less likely to demand stringent repayment terms or high interest rates – and in the case of family members, you may escape interest rates altogether.
However, you should bare in mind that a few things can complicate friendly or familial relationships like misunderstandings over money.
If you decide to borrow from those close to you, make sure that you have all the terms of the loans clearly written out.
That includes how much is to be borrowed, the amount of interest charged, and the timetable for repayment.
Once you can sort this out, you should be good to go.
The problem here is, family and friends are not financial houses, so chances are that they genuinely don’t have the money you ae asking for.
And this can be a bottleneck when trying to solve you need -fast.
Which brings us to a more reliable and stable means of getting funds right when you need them.
Loans from Financial Institutions
Contrary to popular opinions, securing loans from Financial institutions can be a walk through, it can bring you relief and give you a feeling of fresh air.
It can help you achieve a goal that would otherwise take you months to save for.
Imagine how confident you’ll feel when you know for sure that if you walk in through that door, you will walk out with the funds you need, it’s rare, and only financial houses can guarantee you that.
Although different financial houses have different criteria that they evaluate before giving out loans, basically, their operational strength determines the kind of data they would need from you, the amount that they can give a beneficiary and how long you will need to repay.
The big name in this space in Nigeria – Page Financials, have not only proven to be the leader but has also brought a lot of innovation into the lending space in Nigeria.
From processing loans in days, they improved to processing loans in 24 hours, and now they are the only financial house (in loans and investments) that process loans of up to 5 Million naira in under 3 hours.
The basic requirement you need to access a loan of up to 5 Million Naira in under 3 hours is to ensure that you work and earn a monthly salary.
You do not need any collateral or guarantor.
This significant improvement came with heavy investment in technology and human resources.
Customer service is superb and they are also the first financial service provider in Nigeria whose mobile app has in-app chat.
That means you can talk to support team real-time right from within the mobile App and get issues resolved fast.
So, what’s it going to be for you?
Sell your properties to raise money that may still note be enough?
Or go knock on family and friend’s doors?
Better still, you can pick up your phone and call Page Financials on 016317243 or send them an email at customer@pagefinancials.com and they will answer any question you may have regarding taking a loan.
Feel confident already? You can do it now, you don’t even need anybody to hold your hands, you can apply on your own from the comfort of your bed.
visit www.pagefinancials.com/registration now to complete the application.
Featured image source: Page Financials
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