According to a recent report the Office of Fair Trading is to look more closely at payday loans, and this follows calls from a variety of debt campaigners and charities to launch an investigation into payday loans because of the high rate of interest that is charged on these loans. Payday loans are short term loan for relatively small sums of money, often used by those that need some money to tide them over until payday comes around, and with household finances getting increasingly tighter more and more people may be relying on loans such as these to get by each month. (more…)
Posts Tagged ‘payday loans’
OFT will look into payday loans
Monday, September 1st, 2008
How To Choose A Payday Loan Company
Wednesday, March 14th, 2007Payday loan companies are everywhere. Apart from several major lenders, it is estimated that there are more than 500 companies offering this quick fix loan solution. Some of them operate out of high street shops while others are based online. But what is a payday loan and how do you choose among payday loan companies to find the best deal. (more…)
The Inside Track On Payday Loans
Wednesday, March 14th, 2007Not everyone needs a full fledged loan. Some people just need a bit of cash to tide them over till the next pay cheque. And there’s now a way for them to get it. It’s called a payday loan. (more…)
Getting The Best From A Payday Loan
Wednesday, March 14th, 2007Many people are choosing a payday loan as a way of dealing with unexpected expenses. This can be an easy way of getting cash quickly. (more…)
Where To Find Emergency Cash
Wednesday, March 14th, 2007Sometimes the need for cash can crop up quickly. Emergencies, illnesses, and unplanned events do happen, and they happen to everyone, regardless of their credit history or debt status. For those who need cash up front, the payday loan provides a solution. (more…)
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