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Category: Benefits of Short Term Lending

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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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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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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 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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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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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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The Advantages of Short Term Loans

The loans industry can be confusing, but is divided between long term and short term lending. A long term loan is typically characterised by offering amounts of over £5,000, whilst short term loans are designed to cover short term cash flow problems. If you’re running short of cash and need a small amount of money […]

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The power of short term loans

As with long term loans, short term loans are powerful in meeting the diverse personal and business needs of borrowers. Lenders create different short term loan types for this purpose, and for developing investment potential and market competition. The strength of short term lending Short term loans take on varying forms and may include: Money […]

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Short term lending – a good alternative to longer term loans?

Short term loans are designed to meet more immediate financial payment needs, as well as conveniently providing monies needed for budget purposes, a leisure break, an education or business pursuit. Where a longer term loan may have higher interest rates and fees, and take a lengthier time to pay off, a short term loan may […]

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Short term lending can take away your financial burden – here is how

Increasingly, more and more people are in need of accessing money at short notice to cover emergency costs.  Some await their salaries or wages and are extremely stressed in trying to meet payment deadlines before their monies are received.  Others may wish to cover business operating costs before income is received from outstanding invoices owed […]

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Short term lending – Why it’s not all bad

Short term loans are immediate cash solutions for individuals to meet personal financial goals and for businesses to achieve operational efficiency. Offering an emergency cash advance, short term loans may also be used at critical times, such as to reach loved ones in another country or to gain private medical treatment without long waits. When […]

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