For Paying the Bills
As a responsible grown-up—which, ashamedly, you are if you’re going to qualify for an open door loan—you have a lot of bills to pay. Sometimes those bills pile up faster than your money does, and an open door loan can help you to clear out the monthly payments and get a financial head start on your month. If you need to pay for something before your money is due to come in, an open door loan can solve your problems by helping you to avoid being late, and therefore avoid any extra fees or troubles.
For Investing and Financing
If you’ve come upon a good investment option, or you find you want to start making payments on a vehicle, furniture, or anything else offered at a good price, you can use open door loans for that as well. Instead of waiting to save up for that, you can get your down payment on the purchase and put your money into the investment now. These things don’t wait around forever. Investments disappear from one day to the next, and it could take you months to find another good deal on the purchase you are considering. Open door loans help you to seize the day and make good on your money when you have the chance.
For Celebrations
Finally, you could even take out a payday loan in order to throw a holiday bash or to celebrate something in another way. Many people do this, though you have to be responsible and wise about it. As long as you don’t overspend the money, and you know you’ll be able to repay on time, then there’s nothing to worry about. Open door loans are the easiest option out there for enabling your celebrations.
Interesting name. I have never heard them called open door loans before. However, you make a good point about them being available when you need them.