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Category: Short Term Loans

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Should You Choose an Unarranged Overdraft or a Payday Loan?

For those in a tight financial spot in can be difficult to come to a decision on the best course of action. If you’re unable to call on the assistance of close friends or family members in a time of a financial uncertainty, the most common options are going over your current account limit with […]

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Bank Overdrafts found to be more costly than Short Term Loans

Research from consumer champions Which? has found that bank overdrafts can be eight times more costly than payday loans. Borrowers needing as little as £100 could be charged up to £156 more by their bank than it would cost at a payday lender, it has been revealed. Which? compared the cost of borrowing £100 for […]

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Alternatives to Short Term Loan Solutions

Looking for an alternative to a short term loan? Well good for you: researching all of the options available to you will help you make an informed decision to get you back on the right track, financially speaking. Finding a way to pay your debts that will not cost you more money is the choice […]

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Overdrafts more expensive than payday loans, says Which?

Originally written By Brian Milligan (Personal Finance reporter) on 8 July 2016 at the BBC. Borrowing money on an unarranged overdraft from your bank can be more expensive than taking out a payday loan, says consumer group Which? Anyone who borrows £100 for 28 days from a payday lender now faces a maximum charge of […]

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Why You Should Think Carefully Before Applying for a Payday Loan

Getting a payday loan can seem incredibly tempting You get fast money: immediate cash to splash out on whatever you want. But there is a reason that payday loans get the bad press that they do. It is extremely easy to get caught out with loans of this type, and you could end up in […]

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No Payday Loan? No Problem

A payday loan is a highly popular means of procuring money for a short period of time. With varying levels of proof required by different loan companies, and the generally small amounts being dealt with, payday loans are seen as a quick, easy way of getting money when you need it. However, the payday loan […]

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Efforts Made by Financial Ombudsman for Borrowers of Short Term Loans

Short term loans in the UK have, historically, been the domain of the loan shark. However, since the financial crash in 2008 these loans have become a common, more legitimate, feature in the UK. Often known as Pay-Day loans, they offer a short-term solution to a financial situation many people find themselves in when they […]

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Your Finances Under Your Own Control with Help of Short Term Loans

Financial situations are as unique as the people who find themselves in them. Harmful financial trends like an increase in the cost of housing and stagnate wages mean that consumers have increasing financial pressures. They may choose to get through a tight spot with assistance of short loans. Money, especially the exchange of money, can […]

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Short Term Loans – A Quick Fix for Financial Short Falls

Short term loans on the surface are a reasonable way to get yourself out of a financial bind; however, there are pitfalls and dangers to watch out for if you find yourself depending on them regularly. Finances play a huge role in your business as well as your personal life. Managing them efficiently is a […]

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Short Term Loans – Who Can Apply?

News stories about borrowing and the debate about short term loans have dominated the press over the last year. The government’s borrowing was put under the microscope in the recent election, and in common with our rulers we all need to borrow in an emergency. Use a Short Term Loan Responsibly This type of borrowing […]

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Going on Holiday Without a Credit Card: a Short Term Lender can Help

Holidays are expensive. You save up all year, buy your new clothes and sort out the travel insurance; suddenly you don’t have enough money for any emergencies or adventures. Holiday Pay doesn’t Stretch Very Far Even if you’ve held down a job for many years, you’ll soon find that holiday pay doesn’t go very far. […]

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The Benefits of a Payday Loan

Poor credit ratings are a plague for many people, temporary work contracts, the recession and the rise of living costs have all had a massive impact on how people live and how they pay for the basic requirements of life. A poor credit rating means that many high street lenders will not offer loans or […]

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The Benefits of a Short Term Loan

Anyone who is need of an urgent loan and doesn’t have a good credit score will appreciate the need for a short term loan. Targeting short-term loans as a dangerous method of borrowing has been a constant topic in the press, now the tables have turned. Change of Heart A recent article on the BBC […]

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Strong Borrower Demands On Short-Term Lending

Many borrowers demand favorable terms from their lenders. It is not a surprise for lenders and other banks to meet borrowers demanding the best terms possible or better terms. However, some borrowers go beyond their bounds and harm their requests by approaching the lenders with a list of demands or requests they feel they must […]

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Where To Start When Applying For A Short-Term Loan?

This world is so unsteady economically that you will not always have enough money to face emergencies. When such emergencies require more money than you have currently, short-term loans may be your best option. There are debt tools to offer money management and instant cash requirements. The term of suck loan is often short, few […]

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How Short-Term Lending Meets Your Needs

Short-term lending is a relatively new idea. Before your payday, you can face an emergency and be in need of cash. If you had such situation few years ago, your only viable option would be personal loan or credit cards. Even though, these options have many benefits, they have also their issues. Credit cards come […]

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How Online Lending Benefits You

Online lending is more convenient than traditional lending. You do not have to go through intensive process of interview, or walking physically in the office. You need just a credit check and the lender will decide. Generally, online lending is a short-term loan unsecured or not requiring any collateral. The amount is relatively small, usually […]

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Benefits of Online Lending

One of the principal advantages of online lending is that you can meet the requirements without the need to secure the loan. You do not have to wait for many days before to get your cash. You can get it right away. Some online lending firms can give you the fund after few days while […]

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The Importance of Instalment Loans

Making a living is not easy nowadays and banks are not lending as often as they did in the past. In order to meet your expenses, you may need a loan. Instalment loans enable you to get money in case of emergencies or is you need to purchase something whereby the funds can not be […]

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The Top Benefits of Getting an Instalment Loan

If you are not sure if you want an instalment loan, you should first read about the benefits. When you apply for this loan, the lender will give you a repayment period. The typical terms for mortgage loans last for fifteen or thirty years. The monthly payments are consistent. Once you receive an instalment loan, […]

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What is an Instalment Loan?

An instalment loan is a type of loan that is repaid through scheduled periods of payment. Generally, the payment is made in two parts and the term of loan varies. It can be few months or thirty years. There are numerous types of instalment loan. For example, a mortgage is also a type of instalment […]

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Be a Part of the Association of Short-term Lenders

The function of the association of Short-term Lenders is to promote and protect the interests of its members. The association aimed to give confidence to all parties who do business with its members. All members of the association follow a strict code of conduct. The members are typically secured and bridging loan firms that offer […]

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Comparing the Competition in Instalment Lending

Since the world in which we are living is not stable, we can face emergencies requiring quick cash. The need may be so immediate that we are unable to wait for the payday even if it is just in two weeks. In that case, installment loan may be useful. Perhaps you do not have a […]

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What is a Guarantor Loan?

Sometimes a short term loan is not going to match your needs. It may be the case that you need more than £1000. Or it may be that you can’t afford to pay off your short term loan in one go. If you’ve been refused a payday loan it may be because you’re unable repay […]

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Short Term Lending in the UK

Short term lending is the financing of someone in need of cash. This is done with a quick repayment schedule. It is always offered for a short period of time as it possesses short maturity dates that are significant. A short term lending repayment schedule does go from ninety days but this varies with the […]

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