Quick application loan companies offer services that many Australians find useful – but some people mistakenly assume that they’re only an option for people who need to cover their monthly expenses until payday comes along. In reality, there are plenty of moments in life where a quick loan process can come in handy. Many of us are caught by surprise by financial difficulties in life at some point or another. Here are just a few of the situations where applying for a speedy loan could help you out.

Your car suddenly breaks down: This one happens to many of us, and we all know the feeling of panic and stress that can occur when it happens unexpectedly. You’re driving along to work one day and suddenly, without warning, your car breaks down and your discover that it’s going to cost a substantial amount – more than you have in your bank account – to get it repaired. Waiting for your next payslip isn’t always an option, especially when you need your car for work. Applying for a fast cash loan at Swoosh gives you the chance to quickly get those repairs covered.

You experience a medical emergency: Nobody can predict when a medical emergency will occur. If your child has a sudden accident, or a family member experiences a major health problem that needs immediate treatment, you may not be able to rely on your current insurance plan to cover the full treatment in the necessary timeframe. These situations do take place, and it’s useful to have a backup plan to make sure you have the money available to potentially save a life if a payment needs to be made.

You want to consolidate your debt: Debt is a major problem for many Australians, and debt consolidation loans can be a sensible way to manage the difficulty. You can apply for a loan and consolidate all of your existing debts into that one regular monthly repayment, saving you the trouble and stress of dealing with multiple bills and payments to be made each month. This can be especially helpful if some of your debts are set at unreasonably high interest rates that you can’t manage.

A sudden death occurs in your family: This one may sound slightly morbid, but it’s a sad reality we all face at some point or another. If you don’t have a funeral policy or savings set apart to cover the costs of a full funeral, then getting a fast loan in an emergency can help you to give your family member the funeral they deserve without bankrupting your family. When a sudden death takes place, arrangements need to be made very quickly, so it’s logical that a faster loan service will be more useful than applying for a bank loan or maxing out your credit card.

You have a vet emergency: Not everyone has pet insurance, but that doesn’t mean that our pets aren’t treasured members of the family. Unfortunately, animals also experience sudden illness or could be in a traumatic accident, and vet bills can be surprisingly high. If you’re faced with paying the vet upfront for life-saving treatment for your pet but don’t have the funds available at that particular moment, a speedy loan service could be a huge help.