A survey conducted by the Retail Council of Canada (RCC) and Léger revealed that, despite economic concerns, Canadians were likely to spend an average of $898 during the previous holiday season, with 80% of this amount allocated to gifts. Most Canadians chose to give gift cards to friends and family, even if their financial situation did not fully support such spending. PSPXpress has the solution! We offer rapid microloans ranging from $250 to $700 to help manage financial constraints during the holiday season.
What shall you do before applying for your Christmas loan?
Before applying for a loan, it is crucial to have a clear understanding of your expenses. Setting a budget is an excellent first step to manage your finances effectively.
A Christmas budget may include expenses such as travel, gifts, food, clothing, and more. Ensure that you calculate every dollar you plan to spend. This will help you avoid unexpected expenses that could lead to stress and anxiety during a time meant to be filled with joy and happiness. You should only buy staff you can afford! ☺
Additionally, try to avoid buying unnecessary gifts. 1 gift per person is enough; there is no need for multiple gifts for the same person. Watch this video to help you identify essential gifts and eliminate unnecessary ones.
Budget set, what is next?
After setting your budget, you can start creating your Christmas to-do list. This should include the following:
This to-do list will help you stay organized and make sure nothing important is overlooked. Furthermore, it will help you have an approximate idea about the exact amount you should apply for with PSPXpress. For instance, if your total spending would be around 900$, and you can only afford 450$, then you should consider applying for a loan of 450$ or 500$. Of course, you can request up to 700$, but we advise you to only get what you need to minimize unnecessary debt.
Once your to-do list is complete and you have a clear idea about your financial needs, it is time to apply for a loan on our website!
What about the loan application process?
With PSPXpress, everything can be completed in a flash. You don’t have to worry about the process, it is simpler than you can imagine. Just fill out the online form and provide the requested details, and you’ll receive approval within 24 hours!
After choosing your amount, filling out the form and submitting your application, you will be notified once the approval was issued. The amount will be deposited into your account, and you will be able to withdraw money for your financial needs. Make sure to use the money for the exact purposes you intended when applying for the loan. Always remember that you are going to start repaying the loan according to the repayment terms you agreed to, so plan your future budget accordingly.
Conclusion
Christmas is a period characterized by high spendings; that’s why it’s important to plan carefully to manage your finances and avoid the stress that can come with overspending. We recommend that you set your budget at least a month before, and to prepare your to-do-list carefully to avoid any unnecessary expenses. If you think that you cannot afford gifts and other Christmas-related items for this year, we will be pleased to help you go through this by providing you with small loans ranging from 250 to 700$- which you can apply for easily and smoothly on our website.
What are waiting for? Set your budget today and contact us if you feed financial support!
