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Financial planning tips for first-time borrowers

Financial planning tips for first-time borrowers

Short–term loans, also known as payday loans, can be a huge help when you are struggling to stretch your money. Financial planning is key to making financial decisions to help you reach your long- and short-term financial goals. At MyMulah, we understand that first-time borrowers may have questions. Read our guide on financial planning tips for first-time borrowers to get expert advice on strategies for success.

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What Are Short-Term Loans, and How Do They Work?

What Are Short-Term Loans, and How Do They Work?

Short-term loans are like that helpful friend who’s there when you need a quick cash boost. They’re designed to give you fast access to money for a short period—usually from a few weeks up to a year. These loans come in handy for tackling sudden expenses or handling unexpected bills without the stress of waiting too long.

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New customers can apply for up to R4000. Existing customers up to R8000.

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