Best Short-Term Loans of June 2024

Last Update: September 25, 2023 Loan Reviews Loans

Short-term loans are loans that come with short repayment periods. In this article, we pick loans that are with relatively short minimum terms, of up to 1 to 3 years. These are the loans that have the best terms and cheapest APR, but they require a high credit score.

Is this what you were looking for? Then move on.

But most people are actually searching for short-term loans for bad credit, which is something different. And many of them end up with payday loans. This is exactly what we recommend avoiding. We created another article on short-term loans for bad credit that are not payday loans. There you will learn many options to get cheaper than payday loans if you have bad credit. Here is it:

To find all loans in one place, visit our marketplace.

Best Short-Term Loans of June 2024: Key Findings

Short-term loans typically are also small-amount loans. Their repayment period is less, their monthly fees are higher, and their total amount paid is lower.

Before getting a loan with higher monthly fees, it is essential to examine your finances and ensure that you can afford them without problems.

Loans on our list range from $100 to $250,000, with APRs not exceeding 35.99%