Payday loans are incredibly easy to apply for and access. According to the Citizens Advice Bureau (CAB) Payday Loans Survey, 98% of borrowers stated that they found payday loans easy to use. However, ease of access to money makes this source of financing potentially dangerous. It is the model of payday loan companies to make […]
If you have bad credit it can be difficult to know where to turn if you need a loan. Sometimes there’s no way around it, you simply need to borrow money to get you out of a financial pinch – but where can you turn? Fortunately, if you have bad credit you’re not alone, it’s […]
A payday loan will not usually impact upon your credit score providing you use it responsibly and repay in full and on time. Some people worry that taking out a payday loan will have a negative impact on their credit score. Emergency expenses are a part of life and often cannot be avoided. A payday […]
Bankruptcy is a bit of a dirty word in the UK, and can conjure up all kinds of unpleasant associations such as assets being seized, businesses failing and homes being repossessed. But while bankruptcy is a serious move that has lasting consequences, and shouldn’t be taken lightly, it’s far from the horror story that some […]
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? […]
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? […]
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 […]
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 […]
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 […]
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 […]
The coronavirus pandemic across the world has caused many changes in how we run our lives. From how many people we meet outside to those who are struggling to find a new, or a first, job. Financial security of families is a really big concern. According to statistics, about 730,000 people in the UK lost […]
Having a baby is one of life’s greatest joys, there’s nothing else like bringing your own bundle of cuteness home from the hospital. However, there’s no getting away from the fact that it can also be an expensive time. It’s hard to know what you are going to need as a first-time parent and there […]
If you’re looking to get a payday loan, you have likely encountered both direct lenders and brokers as a part of your search – but how do they differ? Getting the right payday loan for you requires you to be as informed as possible about what your options are, so being familiar with the differences […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.