What is the usual length of short term loans. The typical length for short term loans is 30 days. There are other options available depending on the actual lender with some short term loan lenders offering 7 day loans and even 3 day loans, which are usually used for those who need money for a very short period of time for a very specific purpose.
Typically, however anything below a duration of 12 months is considered a short-term loan. Money on Demand. Receive your money today.
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Reasons for needing money range from critical automobile maintenance, unexpected medical expenses, much needed family vacation, basic home improvements, etc.