Payday Loans UK – Payday Loans are short-term loans designed to provide immediate cash for helping to pay household debts, meet immediate cash needs, and otherwise provide money for emergencies. They are a useful cash source to provide temporary financial assistance — basically until the next paycheck.
Payday loans are available in the United Kingdom through various online lenders, many of which offer quick, instant, faxless or one hour pay day loans. Consumers should compare the interest rates charged by the UK payday loan lender before borrowing money for a short-term payday loan.
The payday loan is designed to provide immediate cash to meet short-term financial needs; consumers should not look to payday advances as a long-term debt solution. If you feel you may have a debt problem and need help, you should contact a government agency which is commissioned to help you devise a responsible plan to deal with your debt problems. To learn more about what you can do to pay off your debts, visit Gov.UK.
Paying off the money you owe will depend on a number of factors such as what extra income you can allocate to make payments to your creditors, what
assets are available to you to sell to help pay your debts, and your personal financial situation (e.g. if you have declared bankruptcy). Please remember that payday loans are intended to provide only short-term relief to help borrowers through financial difficulties. They are not intended as a long-term debt solution.
Here is the latest Payday Loans UK news from around the Internet. Come back daily for the latest news on payday loans and lenders in the United Kingdom.
Updated. Thu, 08 Oct 2015 12:01:17 GMT
Call for payday loans overhaul after teenager killed himself on the day Wonga …
A coroner has called for an overhaul of the rules on payday loans after a mentally ill teenager killed himself on the same day that lender Wonga emptied his bank account, leaving him destitute. Kane Sparham-Price, 18, who had spent much of his life in …
Teen's suicide after Wonga emptied his bank account leads for calls for … Daily Mail
Mentally ill teenager killed himself after Wonga cleared out his bank account … Mirror.co.uk
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Category: Payday loans