Articles Category

  • UK Payday Loan lender offers interest free payday loans

    // // In an unprecedented move, defying all critics of the payday loan industry, one of UK payday loan lenders introduced a new service - interest free payday loans. Attracting massive amount of publicity, Instant Loans Direct, announced the arrival of market leading 0% interest payday loans. Launched ...

    Posted at November 20, 2011 | By : | Categories : Articles | 0 Comment

  • Payday Loan Lender vs Payday Loan Broker – What Is The Difference?

    // // There are many ways you can get help when you need a quick loan - payday loans are becoming more and more popular. Gone are the days when you needed to go across town and visit a brick-and-mortar type establishment where you left a post-dated cheque or a valuable item ...

    Posted at September 17, 2011 | By : | Categories : Articles | 0 Comment

  • Most Payday Loan Borrowers Earn Well Above National Average

    // // Payday loans have always been associated with extortionate interest rates, usury and loan sharks in trench coats wielding baseball bats. Even UK MPs, who are supposed to be more intelligent than average Joe Bloggs, tell sob stories of their poor unemployed or low income constituents struggling to repay £200 loan. Child ...

    Posted at August 27, 2011 | By : | Categories : Articles | 0 Comment

  • Bank Holidays spell good business for UK payday loan lenders

    Demand for payday loans increased by 58% in the first two weeks of May 2011, when compared with the same period in April, according to a comparison website moneysupermarket. Payday loans are getting more and more popular in the United Kingdom anyway - according to Consumer Focus, the number of borrowers ...

    Posted at August 5, 2011 | By : | Categories : Articles | 0 Comment

  • Mainstream US Lenders Start Offering Payday Loans

    According to a recent article in The Huffington Post, one of the most popular US blogs, several mainstream American banks started to cash in on the popularity of payday loans. A report from US Center for Responsible Lending shows that banks frequently offer those loans to client who have checking accounts ...

    Posted at July 26, 2011 | By : | Categories : Articles | 1 Comment

  • BIS and The Treasury commission a new research into high cost credit

    Following a review of high cost credit published by the Office of Fair Trading in December 2009, the Department for Business, Innovation and Skills and the Treasury announced today that it will commission its own study of this subject. //

    Posted at July 20, 2011 | By : | Categories : Articles | 0 Comment

  • Can payday loans really turn into a nightmare?

    According to recent Daily Mail article, more than two million people applied for payday loans last year. Daily Mail warns payday loan clients to repay their commitments on time to avoid penalty charges mounting up, which is exactly what payday loan lenders advocate anyway. //

    Posted at July 4, 2011 | By : | Categories : Articles | 0 Comment

  • Five things you can do to improve your credit history

    // // Most people probably realise that nearly every time a lender considers a loan application, their credit history is being checked. Adverse credit history may prevent you from getting a mortgage, a credit card or even a payday loan. There are certain steps you can take to improve ...

    Posted at June 20, 2011 | By : | Categories : Articles | 6 Comments
Representative 1734% APR

Representative example: Borrow £50 for 30 days. The total charge for credit is £14.75. Interest is fixed at a rate of £14.75 per £50 loan. The Total Repayable is £64.75.

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