Behind every successful man is his woman. Behind the fall of a successful man is usually another woman.
The concept of saving and investing is very weak in our modern society as most of us are ardent consumerists who are trained to spend from earliest childhood. The goal of this website is to promote financial literacy that would lead to greater financial understanding, confidence, motivation to save and invest.

When Emergencies Strike, Obtaining A Payday Loan May Be Just The Thing

More often than not, life has a tendency to throw a spanner into the works just when you least need it. In the current economic climate where many people are already struggling to make ends meet, the last thing they need is an expensive emergency to sort out.

So if something were to crop up that needs a chunk of money to put right, how do you pay for it if you have no money to spare?
You could use a credit card but what if your balance is already full? A loan perhaps? Well, credit is not that easy to come by still and most banks will only lend to you if you are a customer of theirs. It is not like the days of two or so years ago when the banks would literally be throwing credit at you.

Things are different now. You could go for an overdraft. If you manage to get one approved then all well and good. But what happens next if you get refused an overdraft? Going overdrawn without permission should not even be thought about. You are looking at serious interest and charges, often into 6 figure APR’s!

You could try and borrow the money from a friend or member of your family, but chances are, they are in the same kind of financial month to month existence as you are.

So what do you do? What if you need to pay for your car to be fixed in order to get to work, because if you can’t get to work you don’t get paid Well, one form of short term finance that is readily available is payday loans direct. These instant decision loans are short term loans with the sole purpose of getting you through times of difficulty and then you repay the loan on your next payday. Simple.

Although payday loan companies get a lot of negative press, erroneously in my opinion, there is no other form of credit available whereby you know exactly when you have to pay the loan back and precisely how much you will need to pay back. If you borrow £100 you have to pay back the £100 plus £25. How much clearer does it need to be?. You know exactly how much it is going to cost you. Totally transparent. Can you say that about credit cards or overdrafts?
Visit for all your personal finance requirements.

One Response to “When Emergencies Strike, Obtaining A Payday Loan May Be Just The Thing”

  1. If you find yourself wracked with debt tension, engulfed by numerous fiscal liabilities, or simply simply hate counting bills and revenue, you aren't alone. As an example, if you have got a ship that may be sold for $1500 and you owe $750 you'd be left with a valuation of $750 that might be considered part of your net worth.

    You have acheived all there is to sensible private finance budgeting.

Leave a Reply

Copyright 2010

The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to,,,,, or
Home Privacy Policy Terms Of Use Anti Spam Policy Affiliate Disclosure DMCA Earnings Disclaimer