
Pros and Cons of Payday Loans
- Posted in - Payday Loans Short Term Loans
When it comes to taking out a payday loan, you should try and weigh up the advantages and disadvantages first. While a payday loan may be the best option for some people, it may not be a suitable choice for others. To help you get started, we’ve looked at some of the pros and cons[…]
Continue Reading
Advantages of Payday Loans
- Posted in - Short Term Loans Payday Loans
When it comes to short term loans, everyone has heard of payday loans. But what do you really know about how they work? Are the interest rates as high as people think, and are there any advantages to taking out a payday loan? As with most things, there are advantages and disadvantages to taking out[…]
Continue Reading
Payday Loan Help
- Posted in - Short Term Loans Payday Loans
If you find yourself in a situation where you need cash fast, you may be considering taking out a payday loan. But if you’re new to short term credit, you may not know much about payday loans themselves, or what lenders are available. You may also be concerned about eligibility. If this is the case,[…]
Continue Reading
Payday Loans – Advantages and Disadvantages
- Posted in - Short Term Loans Payday Loans
You may have heard about a few of the disadvantages of payday loans, such as their higher interest rates when compared to long term loans. But will you really be paying back that much more interest overall? As the loan terms are much shorter, this is not always the case. There are many other benefits[…]
Continue Reading
What is a Payday Loan?
- Posted in - Payday Loans
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 […]
Continue ReadingOverdrafts more expensive than payday loans, says Which?
- Posted in - Payday Loans
Which? recently conducted a study into the cost of borrowing, looking at the different rates should an individual need to borrow £100 over 28 days. 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[…]
Continue ReadingWhy You Should Think Carefully Before Applying for a Payday Loan
- Posted in - Payday Loans
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 serious[…]
Continue Reading
How Do Payday Loans Work?
- Posted in - Payday Loans
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 […]
Continue Reading
What is a Payday Loan?
- Posted in - Payday Loans
Most people have heard of a payday loan. They are famous for having high interest rates, and are thought to only be aimed at individuals with a bad credit score. But these are generalisations – there may be more to a payday loan than you realise. Why Might You Need a Payday Loan? Payday loans […]
Continue ReadingThe Limitations Of Payday Loans
- Posted in - Payday Loans
Payday loans are very useful cash advance loans that are given to a borrower to be repaid at their next payday. This type of short term loans are getting more popular as more people now turn to this quick cash solution to get the cash they need before their next payday check. However, payday loans[…]
Continue Reading