04 June 2010

Different Options With Quick Loans

04 June 2010
A lot of people have their own opinion of the quick cash available with Payday Loans. However, there are aspects of payday loans that are not commonly known and may help you decide if you want or need one and how you go about getting one.

First of all, not all websites are instant loans Payday Loan Lenders and not all are Payday Loan Brokers. So, what is the difference? Well, a Payday Loan Lenders will only offer their own product. They will either accept or decline you with their 1 and only product. Payday Loan Brokers (like http://www.todayloan.co.uk) offer a variety of products and lenders and therefore help increase your chances of being accepted.

Secondly, most people feel they can only appy for small payday loans as that will enable them a better chance of being accepted. This is not true. You will be assessed based on you, not the amount you want to borrow. You may well be offered less cash than you applied for but make sure you apply for what you want. Imagine how disappointed you would be if you were accepted but did not have enough.

Thirdly, all payday loans MUST be paid the next time you get paid. This is not necessarily true of SOME lenders. Some lenders (not all) will allow you to, what they call, roll over your loan. So, you can then pay it back a month later. You will need to discuss this directly with the lender that offers you the money and remember not all lenders offer this option.

So, to summarise, apply via a Payday Loan Broker (such as http://www.todayloan.co.uk or http://www.hourpaydayloans.co.uk). Make sure you apply for exactly what you need and investigate if you could do with paying it back later with the lender directly.

Payday Loans do offer a great way for short term borrowing. When used correctly they are fantastic. Just make sure you make a provision for paying it back and do not use them as long term lending solutions.

0 comments

19 May 2010

Quick Money With Quick Cash

19 May 2010
Getting payday loans such as Payday Loans offer you the chance to get money quickly and hassle free into your bank account at a time you need it most.

Some people do not understand why anyone would need quick loans money so instantly and why they cannot wait until their next payday. Well, those people are lucky as they obviously are not struggling to make ends meet on a monthly basis.

Many people in the UK budget for how they will spend their wages and stick to this budget every week or month. However, there are times when circumstances can change and there is an urgent need for money that isn't always required.

Such circumstances may be that your child requires money for a school trip or a new school uniform. Your washing machine could be broken.. you might need money to repair your car or put it through an MOT.

The purpose of applying for quick cash is generally not important (most companies will not even ask) it is the fact that you need money quickly. You can not wait days for the money. You need it in the next 24hrs. Getting quick loans have never been as simple as payday loans.

Payday Loans are designed for short term borrowing. Therefore you must remember that when you next get paid your payment for the loan will come from your bank account.

0 comments

13 May 2010

Homeowner Loan Interest Rate Reductions

13 May 2010
Link Loans has made rate reductions on all of its products that are available for LTVs from 51% to 75%.

Rates for loans below 51% will remain the same.

The rate reductions are on a scale depending on the level of LTV, with products being 2.5% cheaper in some circumstances.

Link Loans says the rate reductions have been implemented in response to demand from its key broker partners and will make the lender’s products more competitive in the secured loans marketplace.

This is fantastic news for those looking for Secured Loans.

1 comments

Payday Loans on Twitter

You can follow Tweets on Twitter in relation to us and Payday Loans by following: Today Loan Twitter

Please feel free to comment away on this site!

0 comments

07 May 2010

Same Day Money With Quick Loans

07 May 2010
Getting money quickly is something a lot of us want or need and quick loans offer the ability to get a quick quid in your bank account on the same day you realise you need it.

Many people use the internet to get a loan and use search engines such as Google, Bing and Yahoo to get a broker or lender for payday loans. Research shows that when people are looking for fast money then they tend to search for Payday Loans, Quick Loans or Quick Cash.

These search engines online then list a variety of brokers (who can search many lenders for the customer) or lenders (who only sell there own products) where a payday loan application can be made within 1 or 2 minutes.

Payday Loan Brokers tend to offer the best chance of being approved as they will search many payday loan lenders on behalf of the customer. However, not all lenders will offer their fast cash services to brokers.

Getting money approved the same day is indeed something that happens often. Payday Loans can be approved within 1 hour and can also be deposited into the customers bank account in that time as well. If not, the same day is even more realistic.

0 comments