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Mortgage forum
 How Long Is A Short-term Loan? |
| Guestsmithmiller6_* |
 25.5.2010, 10:51
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#1
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Guest  |
I'm managing a Conference and have already used up my 2 long-term loans (both season-long) for this season. Now I'm allowed 8 'short-term' loans. What period is defined as short term? I know that 6 months is deemed long term, so could I take someone on loan for 5 months, or is that still regarded as long term?
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8.6.2010, 13:14
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#2
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New member  Group: User Posts: 1 Joined: 8.6.2010 Member No.: 1641 |
Short term loans like payday loans could be of few days, so there is no fixed duration of short term loans.
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17.6.2010, 22:26
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#3
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Senior Group: Administrator Posts: 97 Joined: 26.1.2009 From: UK Member No.: 2 |
Except, they become extortionately expensive, if you keep them any longer than just a few days.
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| Lo-Fi Version | Time is now: 12.2.2012, 11:34 |