Tag Archives: paydayloan

What to look out for when getting a payday loan

Taking out a payday loan can seem a foreign concept to many of us, however, at some point in life, almost everyone has experienced a financial downturn at one time or another. Unfortunately there are situations when quick money is needed, whether … Continue reading

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Payday loans prove a better alternative to overdraft fees

More and more banks have a tendency to encourage their customers to overdraw their current accounts, allowing the banks to skilfully avoid credit laws and collect millions in overdraft fees. Curiously enough it has recently been suggested that payday loans could present … Continue reading

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Payday Loan Criticisms – Are They Justified?

Payday loans have come in for quite a bit of stick in the last few years – both justified and unjustified. A large part of the problem with payday loans is the fact that many of their strongest critics are … Continue reading

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Short Term Loans Briding the Gap until Payday?

Are short term loans the best solution to help bridge the gap until payday? Probably not to be completely honest. Let’s face it – they can be useful if you’re caught short and you’re unable to pay a bill or … Continue reading

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Payday Loans Thought To Be The Main Reason Behind Low Income Debt

Debt experts are suggesting that payday loans are the primary cause for lower income consumers facing mounting debts. Due to the inflexibility of some mainstream lenders, most notably banks as a result of the UK economic recession, people on low … Continue reading

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Wonga and PaydayUK seek to educate UK about Payday Loans

Payday loan firms, such as Wonga and PaydayUKhave had a bad rap over the years, but do they really deserve it? The likes of the press and politicians seem to enjoy jumping on the bandwagon when it comes to payday … Continue reading

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Leading financial lender suggests Brits need to save more

Could payday loans and guarantor loans be the answer to many Brits who have little credit available to them? Recent research by Skipton Building Society suggests that, on average, a typical consumer scores around 4 out of 10 on the financial happiness scale. The … Continue reading

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