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Same Day Payday Loans

One of the most attractive features of payday loans for many people is the fact that it is 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 […]

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5 Common Financial Mistakes

Handling money can be fraught with problems, especially when there is not much of it around. So we’ve put together a short guide to five of the most common financial mistakes people make. Saving vs Debt One of the most common money mistakes is to save money rather than paying off debts. Debt costs money, […]

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3 Easy Money Saving Tips

If you are struggling financially, then a short term loan can be a useful short term solution to your problem. However, if you consistently need to borrow money to get by, then you need to look at ways of cutting every day costs. Here are simple 3 tips to help you save money. Switch to […]

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Renting with Bad Credit

The number of landowners is falling fast. According to Natalie Elphicke, a housing expert, by 2041, only 49 percent of people will own their homes. This means that in 27 years, renting will become the norm. To Rent or To Buy To buy or to rent is a complex argument. Owning a home is a […]

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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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5 Ways to Fix Your Finances

With the economic gloom showing no sign of lifting, stretching the average income to afford even the essentials is a continual challenge. To pay your way, applying for a loan is one answer, but it’s always worth looking at ways to pep up your finances without increasing your debts. So we’ve put together five ways […]

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Myths About Debt

Managing money isn’t easy. So getting into debt (and out of debt) is widely written about. But if you do an online search for ‘ways to get out of debt’ you’ll often be sent to websites offering to loan you money. And all debt is bad right? Well, not always – it’s how you handle […]

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Avoiding Pay Day Loan Debt

The Consumer Credit Counselling Service, have recently reported a threefold increase in the number of people applying to them for help with payday loan debt. Many companies within the payday loans industry do not file customer borrowing information with credit reference agencies, which makes it possible for customers to take out multiple loans. The net […]

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10 Tips to Regaining Control of your Finances

If managing your money seems like spinning plates, you’re not alone. Over 12 million people in the UK do not feel in control of their finances, leading to bad financial decisions and increased stress. Denial is a big factor. Facing the truth about your financial situation can be uncomfortable and stressful in itself. Our natural […]

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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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The Great Supplier Debate

In a small tech start up, you will need to outsource or buy in some areas of your business or technology platform. Unfortunately, it is necessary to get the agility and speed that is required in a start up environment. You can’t do everything in house, and frankly, in some cases, why would you want […]

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5 Things You Didn’t Know About Payday Loans

The continued debate over payday loans has been reignited after a well-known payday loan company recently posted record profits for the past year. The argument over payday loans is divided between those who think they offer a good service, and those who believe their massive interest rates to be unacceptable. So what is the truth […]

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Alternatives to Payday Loans

Massive APR rates, as well as high charges, have given payday loans a bad press and rightly so. Penalties for defaulting, increasing debts by rolling-over loans to the next month, and lack of responsible lending, leave customers caught in a never-ending payday loan trap. When you need funds in an emergency though, and friends or […]

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The Downside of Debt

Taking out a loan is something most people have to do at some point in their lives. Borrowing can be a great way to finance a large purchase or tide you over for a time, but sometimes, debt can control you, rather you being in control of it. If your debts are unmanageable, then life […]

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Payday Loans – The Limitations

Small cash advances provided through payday lending are a form of short term loan 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 Payday loan limitations include: Smaller loan amounts. Shorter loan […]

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Why Responsible Lending is Important

Responsible lending of long and short term loans is important for both lenders and borrowers for a number of reasons, and both have different responsibilities. Responsibilities of Lenders Lenders need to keep to financial regulations, in order to provide quality loan products and services. They should also strive for exceptional customer service. Borrowers need support […]

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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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An Average Household Lacks £1,496 a Month

The average British household needs £1,496 more each month, after tax, to feel financially secure, according to a survey by uSwitch.com, a price comparison website. By polling people on the costs of their housing, food, travel, additional expenses and so on, the website came up with a figure of £4,000 of after tax income each […]

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Banks Fail to Help Customers who Lose Thousands in Online Mistakes

With the rise of online banking, it’s become so much easier for customers to transfer funds between accounts, pay off bills over the internet and so much more. However, it’s also become a lot easier to make a mistake as well, and see your funds end up somewhere entirely different to where you expect. You […]

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Investing in the loan market

Traditionally, many people think of investing as placing savings or lump sums into an investment vehicle, such as a high-interest savings bank account, ISA, unit trust, bond or hedge fund. Other forms of investments include currency, property and artefacts. Investing in the loan market, such as in long or short-term loans, takes on a different […]

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Should you apply for a short term or payday loan?

In situations where you are stressed out over money and simply don’t have the money to pay your bills or an unforeseen circumstance, you may feel trapped. One option that many people contemplate in circumstances like this is a short term or payday loan. The opportunity to get money you need in a hurry is […]

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Crackdown on Banks Selling Useless Account Extras

The Financial Services Authority (FSA) is to launch a crackdown on banks that sell products to customers that they can’t even use. These accounts are normally sold as an upgrade, viewed as offering a whole ream of extras to those who opt into them. In exchange for all these benefits, the customer pays the bank […]

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Decent Lifestyle for Family of Four Now £10,000 More Expensive

The Joseph Rowntree Foundation, a research group that looks into poverty, aging and society in the UK, have said that the average family of four now needs an annual income of £36,800 in order to live what they consider a ‘decent lifestyle’. This is up £10,000 pounds, or about a third, since 2008, an absolutely […]

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Short Term Lending – The Facts

Short term loans enable individuals to borrow smaller amounts of money, over shorter time frames, to meet financial responsibilities, emergency costs, achieve business or educational objectives, have medical or dental care, or enjoy a holiday break. Nowadays, there are a range of options in short term loans, such as loans to bridge income gaps, guarantor […]

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