How a payday loan can help in an emergency
Sometimes we need money in a real emergency. There may be very few places to get money and if you need it quickly it can be concerning. This is even worse if your bank is closed or if you have used up all of the credit available to you at your bank. You may start…

Two payday loan companies have been forced to surrender their consumer credit licences after a crackdown on payday lenders by the OFT (Office of Fair Trading). Three more companies could lose their licence as they are currently being investigated too. The two companies that have surrendered their consumer credit licences are The Payday Loan Company…

An investigation by journalists has revealed that some banks are charging insane rates for overdrafts on their accounts, resulting in annual interest rates of as much as 53,000,000% for money that is owed by customers. This, unsurprisingly, results in many customers finding it incredibly difficult to pull themselves out of debt as they not only…

Payday loans are an incredibly useful and convenient means of getting your hands on a lump sum of cash as and when you need it. There’s an abundance of lenders on the market today offering between £50 and £1,000 over 30 days or until your next pay day arrives and it just goes to show…

With the current abundance of payday loans and fast cash online today it’s easy to jump in and borrow money as and when you need it. Payday loan lenders are making it easier and easier to borrow between £50 and £1,000 for almost any reason, but with this new found ease comes a necessary increase…

Short term loans may seem like the answer to everyone’s financial troubles and may look like just another way to get money fast. But as with most things if something seems too good to be true, it usually is. Although payday loans can genuinely help a lot of people out of tough situations they shouldn’t…

The latest figures from the government that show their overall spending, borrowing and the general state of public finances reveal that the plan to reduce Britain’s reliance on huge loans in order to finance its public spending has been somewhat successful in 2012. Although borrowing hadn’t reduced as much as the chancellor wanted it to previously, and…

The credit ratings agency Moody’s has warned that the ongoing Libor scandal could see the credit rating of the banks involved dropped, which would affect the amount they are charged on loans or debt that they hold from other businesses as the risk of them defaulting is seen to increase. The reason behind the warning…

Short term loans are a great way to get your hands on the money you need, fast. The mass of online lenders these days has taken the meaning of “fast cash” to a whole new level. But as with most things, these payday loans should be used in moderation and only after careful planning and…