Short-term loan as an investment in yourself

Personal development is associated with many expenses for training, workshops and courses. And the payment is often not enough to pay for all the extra classes you want to attend. Can taking a short-term loan be an investment in yourself? How to use additional funds from the loan and for what purpose.

Short-term loan for a qualification raising course

Short-term loan for a qualification raising course

One of the forms of acquiring new skills and improving your qualifications are industry courses. Thanks to them you gain new knowledge, gain experience and increase your chances of promotion or better paid work. However, employers do not always want to finance such additional courses. When you are short of money, you should consider taking a short-term loan. Thanks to the money from the loan, you will pay for the course and improve your qualifications. And this will allow you to apply for a job on more favorable terms.

Short-term loan for a language course

Short-term loan for a language course

On the labor market, it is difficult to find a position where the employer does not require knowledge of at least one foreign language (usually English). However, language courses can be costly and you cannot pay for them. When you want to learn a new language, don’t hesitate to borrow money for a language course. Getting to know another culture and learning a foreign language will definitely pay off, and maybe even allow you to find another, better-paid job.

Short-term loan for hobby realization

Short-term loan for hobby realization

Perhaps you have been planning to go on a dance, guitar or climbing course for a long time. Or you have become interested in building airplane models or carving in clay. And you would like to start making your dreams come true and give yourself to your passion, if you had the resources you need. When you lack the money to meet your life plans, a short-term loan will help you get additional funds for your dream course or materials and tools needed to build models.

Short-term loan for trips abroad

Short-term loan for trips abroad

Regular, monthly saving for trips abroad is not always successful. When vacation time comes or you feel overworked with work, you would gladly go out for a few days to a warm country over a beautiful sea with a sandy beach. If you need such a trip and rest from everyday life, thanks to a quick loan you will be able to afford such pleasure. The relatively low loan amount will not burden your budget, and a few days of relaxation will recharge you with energy and give you strength to work.

A quick loan for health care

Investing in yourself is not just courses, trainings, workshops or trips. In order for you to be able to implement all your life plans, you must enjoy good health. When your body is sick, you don’t feel like improving your skills, starting a new hobby or even going abroad. With a quick loan, you will benefit from private medical assistance and will make necessary visits in a short time. Additional money will also allow you to buy the medicines you need.

Short-term loan and investing in business development

Short-term loan and investing in business development

When you set up your own business, this involves costs such as paying ZUS contributions, paying taxes, renting business premises, or stocking up the store. As a new entrepreneur, you probably do not have high initial capital, which is why the first steps in business can be difficult for you. A short-term loan will help you maintain financial liquidity at the very beginning of your business. And the money you borrow will be returned to the lender when the first customers appear and your company starts generating profits.

Loan and investing in employee training

A larger company employing employees must ensure adequate training for its staff. When you care about the company’s better functioning, higher sales and higher profits, you need to improve the qualifications of your employees. The best way is to organize trainings and industry workshops for them. If your company does not have sufficient funds to buy such training, consider using a short-term loan.

Loan and credit history building

Loan and credit history building

By taking a loan from a website like Wonga, in addition to improving your skills, improving qualifications and acquiring new knowledge, you are also building your credit history. Wonga was the first company outside the banking sector to start cooperation with the Credit Information Bureau. This office collects credit information about bank customers and builds the history of each borrower. A positive credit history, i.e. timely repaid liabilities, make it easier to take further loans or to take a loan from a bank.

A quick loan without leaving your home

A quick loan without leaving your home

The great advantage of a short-term loan is that without leaving your home you get it on your account in just a few minutes. One of the largest websites operating on the Polish market, the Wonga website, provides loans after 5 minutes from sending a loan application. The money will appear on your account after such a short time if you send your application during working hours of your bank and the Credit Information Bureau.

Any loan amount and any loan period

Any loan amount and any loan period

With a short-term loan, you decide how much you want to take. The already mentioned Wonga website provides loans up to the amount of 2.5 thousand. zł. And according to the website’s data, the average loan amount is $ 680. You can take a loan from Wong for a maximum of 60 days (for other websites it is only 30 days). However, the shorter the loan term, the lower the commission for paying out the loan, and thus the lower the total cost of the loan. The first loan in Wonga costs only $ 10! For example, if you borrow $ 750, you only have to pay $ 750

A loan for a purpose that you set yourself

Unlike a bank cash loan, you can take out a loan for any purpose. You can pay for it with a course or training or spend money on business development. The lender will not impose any restrictions on you and will not ask you for the purpose for which you will spend the money. You can change your decision at any time and issue a loan for a different purpose than you originally planned.

Loan and convenient repayment method

Loan and convenient repayment method

A short-term loan only connects you to the lender for a short time. You pay your debt in a one-off tranche and you can do it at any time. You do not have to wait for the repayment deadline, and when you return the money earlier, you will pay less for your loan. You don’t break down a short-term loan in the same way as a loan, which is why you forget about your commitment after repaying it.

Investing in personal development and improving your skills always pays off. When you lack funds for training or workshops, let a short-term loan be a solution that will allow you to implement your plans. Such an investment will definitely pay off.

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