Cobra Payday Loans Guides

What is a credit score

What is a credit score and how is it worked out?

If you’re about to apply for credit you are often advised to check your credit score, as it can make a huge difference to the success of your application. What exactly is a credit score? How is it worked out and are there any ways you can improve it? What exactly is a credit score? […]

What exactly are short term loans?

What are short term loans?

So, you’ve decided you may be interested in a short term loan. This can be a scary prospect, especially for a first time borrower. You may have lots of questions: what is a short term loan? How do I pay it back? What are the benefits of a short term loan in the first place? […]

Do lenders perform a credit check

Will my credit file be checked when I apply for a loan?

One of the key tests anyone who wants access to finance has to pass is a check on your credit file. For some people this is a mere formality, allowing the lender to rubber stamp their decision to grant access to finance and approve the loan or credit as ‘affordable, while for some people the […]

What are small loans and are they right for me

What are small loans?

The world of personal finance is full of different terms for different types of credit, many of which sound the same or refer to products that aren’t described very well by their names. We love to help customers by de-mystifying these words to help you make better choices, and today we’re going to be tackling […]

Struggling to repay your payday loan

Can’t repay your payday loan? Here’s what you can do

The concept of a payday loan is, on the surface, very simple. Should you be experiencing any kind of financial shortfall, you fill out a short form, get a quick loan (if you are accepted), and then pay it back in good time so that you do not accrue any significant level of interest. It […]

Do you have bad credit- How can you get a loan

How to get a loan with bad credit

For those with bad credit, getting a loan can seem an impossible feat. Bad credit doesn’t always mean that you have a large amount of outstanding debt, there are endless factors that can impact your credit score. However, regardless of the amount of your outstanding debt, if your credit score isn’t great, many lenders are […]

What is APR and what does it mean

APR explained – understanding the annual percentage rate

When you’re looking at loans, one of the most confusing things to get your head around is the annual percentage rate, or APR. It is also one of the most misunderstood. All payday loans will be advertised with the APR clearly shown. If a lender does not tell you the APR, then avoid them, as […]

When should you avoid taking out a payday loan

When and how to avoid payday loans

Are you looking for information on how or when to avoid taking out a payday loan or emergency loan? The good news is that even when finances are tight, there are still lots of ways you can get by without having to borrow money at high cost. But how exactly can you achieve this? The […]

How to avoid getting into a spiral of debt

Debt cycles and how to avoid them

Most of us get into debt. Credit enables us to invest in the here and now and make plans for the future. But getting trapped into a debt cycle can be difficult or almost impossible to escape. There is a way out. Mortgages, student finance, investment in home improvements and buying a new and reliable […]

What_s better, a payday loan or overdraft

Payday loan vs. overdraft: which is best?

While it’s important to be responsible in terms of money management, sometimes life’s unexpected twists and turns mean that we find ourselves in need of financial help from time to time. This can be in the form of a payday loan, credit card, overdraft or other financial service. Whether you need to fund repairs to […]