Pay day loans are short term installment loans for a small amount of cash

These are generally available from high street shops and websites. Pay day loans are simple to get but rates of interest are extremely high. There might be alternative methods so that you could work through your short-term cash problem so take into account the options before you borrow from the payday lender.

Before you borrow if you decide to get a payday loan, shop around and compare the interest and charges. Ensure you are obvious by what may happen if you fail to repay it. (more…)

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