Tag: instant cash online

The True Cost of Payday Loans

Posted by – January 9, 2012


It’s often asked why payday loans are so expensive; with huge annual interest rates sometimes quoted, implying that rich companies are profiting at their customers’ expense.

When investigating why short term loans cost what they do, it’s worth pointing out that it’s very misleading to talk of APR in relation to these kind of loans, as the loans are made over a much shorter period of time.The annualised interest rate is easily in the triple-digit range, but these astronomical figures really bear little relation to the actual cost of the loan products.

Using the same reasoning, you could quote the price of a taxi at £15,000 per 1,000 miles, or £50,000 for a ton of oysters,…

Be careful, it’s the ‘Accident season’!

Posted by – November 16, 2011


In preparation for what we have christened ‘the accident season’, we have invested in brand new technology that makes it the only online loan provider to make funds available 365 days a year, 24 hours a day – even on public and Bank Holidays.

 

Motivated by research that shows that the period between early November and Christmas is one of the ‘riskiest’ of the year for both potential accidents and emergencies that often strike causing huge unexpected expense, the new system means that people who fall victim to cash emergencies know that there is instant help at hand.

 

With the change of season, risks range from icy surfaces that can cause road accidents and pavement falls, as well the associated risks of an increased number of people driving to and from work…

Credit cards or Payday loans?

Posted by – October 20, 2010


Too fast, too furious. That’s the lifestyle of today. Everything has to be fast or it is not liked. Instant food, instant message, instant love, instant everything. Incidentally, money tops the ‘instant chart’. Getting things done on time is not just a requirement but a demand. And nothing gets done without money which makes instant cash, a heavy demand.

Credit cards are the default ‘celebrities of instant cash’ and using credit cards have become so common these days and so is getting into debt. It is hard to resist credit cards especially because of the ‘not from my pocket’ feeling that you associate with them . But the fact is, every time we use credit cards, we are actually adding interest to the money we spend using the card and in turn making our creditors happy. Everyone…

Payday loan? Is it worth the pain?

Posted by – October 11, 2010


What do credit cards and payday loans have in common? High interest rates!? Yes, for one thing, sure. But why would more than three fourth of the population in almost all developed countries have credit card crunch as part of their life’s misery? Don’t they know the interest rates are high and they might end up paying more than they imagined paying? But the situation always turns out mumbo jumbo where the bills play different tunes in the end of the month. Often melancholy.

True to every word above, credit cards turn out monstrous than payday loans, as they tend to flex their muscles horizontally and vertically almost every month while polishing their ribbon wrapped hidden charges. Payday loans turn out to be saviors in this case, as they only charge the initial APR which is…

Borrow From Yourself Using Payday Loans

Posted by – July 22, 2010


Since our childhood we are taught by our responsible parents to save. Most of us would have received a piggy bank as a birthday gift when we were young. We would have also been introduced to the idea of saving one penny at a time. At some point in your life you would have also chalked out a ‘things to do’ list. A list of ‘things to do’ usually tells you what tasks you have lined up for the day, and what comes next. If you have ever maintained a ‘things to do’ list then you would know that after a while, the tasks on the day’s list get postponed to the next day, and the next day, and so on, while the length of the list keeps increasing.

Only £270 To Beat Inflation? Big Trouble!

Posted by – April 14, 2009


Cash loans

A report suggested homeowners with mortgage loans are left with only £270 as surplus income every month. The signs are ominous. Any price increase due to inflation can erase the surplus and leave you with more expenditure than income. And as a stopgap measure, most homeowners are using plastic money to repay their debts. Living on credit can have its own implications, adding up to the existing misery. Going by the current state of the economy, it would only be stating the obvious that budgets will take a beating.

More