Thursday, February 28, 2008

Can't wait to get paid

How many times have you been trying to fight your way through to the next payday and have had something bad happen right at the wrong moment?

I used to find that I would go away for a few days or just a weekend and deplete my funds for the rest of the month. A perfectly planned budget would be set up and my path to the next pay day would be perfectly planned out. Then bang something requiring money would turn up. It could be as simple as losing your travel card or forgetting an important night out or birthday celebration. It's only a little amount of money you need, maybe £100 or maybe £300.

Possibly an easy way to get through this is to look at payday loans. As with all loans you must be sure you are in the right position to pay it off and not harm yourself long term but in the right situation they could be for you.

They work by allowing you to quickly apply and instantly receive small loans of money up to £750. Now the interest is very high but you pay back in one lump sum on your pay day. For example, right now if you borrow £200 over a 30 day period you pay back £250 in a lump sum. If you use then when really needed and do not abuse the system then it could be put to get use.

Payday UK are a specialist UK pay day loans company and here are some simple Q&A's related to their service.

How do yo get a payday loan?
Borrowing from Payday loans requires a simple online application. Once submitted and accepted you just supply your bank and direct debt details. You agree to the loan terms and conditions and then the money is wired the same day. Some banks may require an additional 48 hours for clearing but it's still pretty instant.

How do you repay a payday loan?
When you apply you give your direct debit details. On the agreed date tgelump sum is direct debited from your bank account, simple and with no hassle.

So if you are in a pickle and you know you know this is right for you they could really be a help. All I advise is that you use these loans respectfully and do not become reliable on them. They can be great as a saviour but I would never advice them to be a monthly thing.



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