As the name suggests short term loans of UK are designed to assist people in their financial crunch. There are different types of loan like bridging loan, payday loans, instant loans, student loans, etc. The tenure of the loan is generally shorter than the personal loans. These loans are processed instantly and they are easy to apply. There are both secured and unsecured genre of such loans. The interest rate of unsecured loans have high rate of interest. Secured loans are cheaper. Online loans are faster and convenient. : http://ezinearticles.com/?Short-Term-Loan-UK&id=1226174