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Category: Short Term Loans

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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 an interview, or walking physically in the office. You need just a credit check and the lender make a loan decision. Generally, online lending consists of unsecured short-term loans, which means you don’t need any collateral. The […]

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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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How Do Payday Loans Work?

Lenders from payday loans make out quick, easy and extra cash from this business. Before you decide on getting a payday loan, here are some things you need to take note of. Payday loans are not a long term solution as they are intended for short term borrowing. They are aimed at borrowers who have […]

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How Short Term Loans Work

Short term loans are loans that are easily available but with high interest loans. They are usually marketed to people who need cash quickly. Lenders often advertise using radio and television. These adverts often display people experiencing an unusual cash shortfall. Modern stores don’t tend to offer short term loans anymore, as they are mostly […]

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Short Term Loans

A short term loan is financing to someone in need of it but it is attached with a quick repayment schedule. This type of loan is usually offered for a short period of time. This could be anything from a few days to a few months. These short term loans tend to be significantly shorter […]

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Peer to Peer Lending – The Basics

Social lending has emerged as a popular alternative to traditional lending over the past few years. This gives both lenders and borrowers cause to celebrate! But what exactly is peer to peer lending? And what do peer to peer loans give you that other loans can’t? P2P Loans Peer to Peer loans (also known as […]

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What is Asset Finance?

Asset finance is an arrangement that allows a company to manage its personnel, machinery and office equipment. Asset finance is becoming increasing popular as many companies are now using this method to expand their company infrastructure. The financial asset of a company can either be tangible or intangible; it can also have the following characteristics: […]

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Unsecured Loans: The Basics

Loans fall into two categories – those that are secured and those that are unsecured. The simplest way to define an unsecured loan is one that does not require any form of collateral. Essentially, for the debtor to receive a loan, they don’t need to secure it against their property as collateral. An unsecured loan […]

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What are Short Term Loans?

Short term loans are loans that are repaid in a short period of time hence, the name “short term loans”. This loan option is available both to individuals as well as businesses. For an individual the payday loan can be obtained at any time of the month when one needs instant cash. This type of […]

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What is a Payday Loan?

A payday loan is a small short term unsecured loan granted by a lender to a borrower. The expectation is that the loan would be repaid with the borrower’s next payday check. Some people refer to payday loans as cash advances, as they are designed to help the borrower access expected cash in advance before […]

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The Facts About Short Term Loans

Short term loans are cash advances given by a lender to a borrower for a short amount of time, usually no more than 6 months. A payday loan is a type of short term loan. It is repaid over several days or weeks, often after your monthly wage is paid. Overall a short term loan […]

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Should I Get a Payday Loan?

Have you ever wondered if you should take out a payday loan? First, what is a payday loan? A payday loan is a short term loan given to a borrower by a lender, payable on the borrower’s next payday. This means that someone who needs quick cash before his payday can get a payday loan […]

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Same Day Payday Loans

One of the most attractive features of payday loans for many people is the fact that they’re quick and fast. It is an effective same day cash solution for people in need of quick cash. The loans are short term and unsecured, but the entire process is so simple and fast that they are sometimes […]

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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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How To Avoid Bad Credit Loans

Taking out a loan is both a serious decision – and a serious commitment. For most people though, borrowing money is a necessity at some point in their life. Credit makes funding large purchases or tiding us over until payday possible. Unfortunately, the recession has made borrowing very difficult. The amount that traditional high street […]

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Payday Loans – What to Look Out For

Consumer groups and professional debt advice services have long been concerned about payday lenders. Vulnerable groups of society, many of whom have bad credit, and are on very low incomes, are often forced to turn to payday lenders as a last resort. Currently, more than one million people in the UK are borrowing from payday […]

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Payday Loans – The Limitations

Small cash advances provided through payday lending are a form of short term loan. These loans are designed to help borrowers cover expenses until they receive their wages or salary. Payday loans do have limitations dictated by their terms and conditions, and by financial regulation. Limitations of Payday Loans While payday loans can be incredibly […]

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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?

A short term loan is designed to meet more immediate financial needs. They also conveniently provide monies needed for budget purposes, a leisure break, an education or business pursuit. A longer term loan may have higher interest rates and fees, and take a lengthier time to pay off. But a short term loan may present […]

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Choosing Which Payday Loan Company to Go With

Payday loans have historically had quite a bit of negative press, mainly due to the shady lending practices of some of the payday lenders. We wish we could say that all lenders were legitimate and trustworthy but unfortunately that’s just not the case. There are lenders who seek to take advantage of people who are […]

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Payday Loans – The Benefits for You

Different types of payday loans meet specific loan purposes and have varying loan criteria.  Each type of loan, its terms and conditions, fees, and interest rates can benefit borrowers in different ways. A payday loan is a type of short term loan; other types of short term lending options include overdrafts and personal loans. Some […]

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