Friday 24 November 2017

Why you need a loan application app on your phone today

Appropriate financial management is not only an obligation today but also a requirement. After all, any investment you make will create a positive or negative domino effect on your future financial options. With such a fast-paced world and lifestyle we lead, it is crucial that you make quick and calculated decisions to ensure that your finances are beneficial, if not secured.

This is where your smartphone and its relevant apps will work in your favour. This gadget is more than a tool that can be used to communicate with others. It is now progressed to a multi – functional platform that allows you to manage your finance, amongst many other activities. After all, taking control of your funds is about making finance work for you. Through this platform, you can easily check your bank account, make money transfers and even get your account updated.

But did you know you can also now apply for a loan? With the progression in economic and technological infrastructure, you can now easily apply for a loan online through a single app. Because at some point in your life you will need to apply for a loan, such a financial tool will work in your favour.

Here is how a loan application app on your phone will benefit you:

Quick loan application and disbursal: One of the main factors that affect the loan request is the application and disbursal process. In either case, through the traditional means, the time taken would be lengthy, as various verification checks and call backs would be required. However, since you will be using a unique and verified identity number to apply for a loan, through the app, the time taken for the verification process will be shorter. Consequently, it would also reduce the application and disbursal time, leading to a quicker loan access for you.

Optimum security: When you apply for a loan online, you would be required to provide your financial details. This could include your account details, financial details and login details. Such information, if accessed by an unauthorised individual or entity, can compromise your finance and account. However, application through the app will be bound by stringent security features. Furthermore, since the app platform undergoes constant change and upgrade, it provides optimum security against any evolving challenges and risks. Thus, once you begin the loan application process, you can be well assured that your finances will be protected right from the beginning to the end.

Instant loan deals: Getting the right loan rates is crucial, as it benefits you as a customer as well as the lending institute. But in order to make a loan decision, you must be aware of the loan rates available. This is where instant alerts on your loan application app will work in your favour.

Having a smartphone with the loan application app will help you understand and plan your finance right from the beginning to the end. Download the app now and make the most of the loan features to get the best loan rates today.

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