Cobra Payday Loans Blog

Can I Take Out A Payday Loan On Benefits
January 29, 2021

Can I Take Out a Payday Loan If I Am on Benefits?

Almost all of us need a loan at some point. However, if you are in receipt of benefits applying for a traditional loan with a bank or building society may not be possible. Many of the traditional lending streams are unavailable to those who are on benefits. Yet, some alternative lenders are often willing to […]

All You Need to Know about Guarantor Loans in the Coronavirus Crisis
January 27, 2021

All You Need to Know about Guarantor Loans in the Coronavirus Crisis

The popularity of guarantor loans has skyrocketed in recent years. But the method of borrowing, which involves a third party underwriting repayments, has hit the headlines during the coronavirus pandemic. Why is this, and what options do you have? Guarantor Loans – the Current Picture As the end of 2020 has been and gone, the […]

Dont repent these top money mistakes
January 8, 2021

Je Ne Regrette Rien – Don’t Repent These Top Money Mistakes

Everyone makes mistakes. But money missteps, banking blunders and lending laments can be costly and take years to rectify. Moreover, Britain is in the midst of economic turmoil, with future job losses seemingly inevitable and less household income likely to affect millions due to the COVID-19 pandemic. People of all ages are going to find […]

Is it the end for zero percent balance transfer deals?
December 14, 2020

Deals for Interest-free Balance Transfer Credit Cards Are Disappearing

In 2019, multiple offers were available that allowed consumers to take a credit card and transfer the credit to another card to pay off the balance. Then they would be given an interest-free period in which they could pay back the balance. This was an excellent way for consumers to avoid expensive interest rates on […]

Are we becoming a cashless society
December 7, 2020

Is the Pandemic Pushing the UK Towards Becoming a Cashless Society?

The recent Coronavirus outbreak has altered our lives in many ways during 2020. Still, one of the most significant and potentially long-term changes has been the reduction in the use of physical money. With people now less likely to want to come into contact with banknotes and coinage, the prospect of a cashless society is […]

employee salary advance schemes
December 2, 2020

Are Salary Advance Schemes Just Another Debt Trap?

Increasing numbers of cash strapped employees have turned to salary advance schemes during the coronavirus lockdown. But the Financial Conduct Authority (FCA) has questioned their transparency and the risk that they could push customers into a cycle of debt. Are such plans, which allow staff an advance on their wages, already earned a good idea? […]

16 top tips to help save money at christmas
November 29, 2020

16 Tips to Help You Save Money This Christmas

It looks as though Christmas will be a little bit different in 2020, and though this may well be a disappointing prospect for many people, it may mean that you spend less than in previous years. Thankfully, there are several ways in which you can save money in the run-up to the festive season, which […]

manage finances during covd19
November 22, 2020

Managing Your Finances During Covid-19: 7 Practical Tips

With huge changes to the current furlough scheme being implemented, the COVID-19 pandemic will likely continue to have a crushing effect on livelihoods in the UK. With this comes the headache of further financial worries. However, with the right advice, you should find it a little bit easier to manage your money. With that in […]

covid layoffs
November 10, 2020

Covid Layoffs – Employees Need Support With Their Finances

With the coronavirus crisis set to continue for some time to come, it is a sad economic fact that many redundancies are inevitable due to the turmoil caused by the disease. For sectors hit hard, redundancies are likely to be a necessary business decision. But at this time, it is important to remember that laying […]

merry debt free christmas
November 7, 2020

Have a Merry Debt Free Christmas

Christmas is that magical time of year where we, for once, forget about everything else and concentrate on our families and loved ones. Presents, good food, good drink, holidays and all sorts of other exciting things are just around the corner, but for some families, it can also mean walking a debt tightrope to make […]