Payday loans

Payday loans in Sri Lanka, how they work?

Payday loans in Sri Lanka can seem like a daunting process, but it doesn't have to be! The truth is that obtaining a payday loan is quite simple and straightforward. All you have to do is fill out an online form and provide the desired information, including your personal financial details.

Once all the paperwork is in order, the funds are credited directly into your bank account within one or two days. Of course, like most lending products, there's always a chance of rejection so make sure you approach lenders who understand your specific situation and are ready to work with you to create a viable repayment plan. With the right lender, getting your hands on fast cash could be just a few clicks away!

TOP 3 payday loan application in Sri Lanka: CASHX, OnCredit, Lotus Loan

Getting a payday loan can be difficult and stressful, but luckily in Sri Lanka today there are several trusted payday loan application options available!

Depending on your needs, one of the top 3 payday loan applications - CASHX, OnCredit, or Lotus Loan - could be the perfect choice for you. Each has unique features that make it an attractive option - CASHX boasts incredibly fast approvals.

OnCredit provides pre-approval with no requirements and easy affordable repayments; and Lotus Loan offers flexible repayment terms so you can find something that fits into your budget. With these 3 apps, you'll have access to quick cash when you need it most! So next time you're in a tight spot, don't worry - all three are safe and reliable alternatives to traditional loans.

1. CASHX - provides payday instant loans in Sri Lanka with a fast and easy online application process, with loan amounts ranging from Rs 5000 to Rs 100000.
2. OnCredit - offers quick payday loans to individuals living in Sri Lanka with terms ranging from 1-30 days and loan amounts up to Rs 50000.
3. Lotus Loan - provides hassle-free payday installment loans of up to Rs 75000 for individuals in Sri Lanka who are able to provide proof of identity and address.

Types of payday loans in Sri Lanka

• Short Term Payday Loans - These loans are usually for smaller amounts and are repaid in a shorter period of time, usually within one month.
• Installment Payday personal Loans - These loans offer higher loan amounts and longer repayment terms, allowing borrowers to make multiple payments over the course of a few months up to a year.
• 30 Day Payday Loans - These loans provide borrowers with an installment plan that allows them to make payments every 30 days until their debt is cleared.
• Emergency Payday Loans - These loans are designed for borrowers who experience sudden or unexpected emergencies and need money fast without long-term commitment or credit checks.

Payday loans in Sri Lanka: documents and requirements

Getting a payday loan in Sri Lanka is no small task - there’s a wide variety of documents and requirements to consider. It may seem intimidating, but once you cross that hurdle, accessing the cash you need has never been easier or quicker. At first, it might read like a grocery list of items you have to provide - a valid ID, proof of residence, salary details... The list goes on!

But trust us when we say that the extra effort is worth it; payday loans make it possible for anyone to get their hands on the money they need ASAP. So don't let this paperwork scare you away from taking out a loan - once you gather all the required documents and submit your application, you'll be glad you took the plunge!