Members of the Association of Finance Brokers
Payday Loans
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Payday loans in the Uk are usually "a loan of last resort" that people apply for.
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A poor credit rating is also a reason why people lean towards payday loan companies.
When you take on a payday loan, you do not have any guarantee that you will NOT encounter a change in circumstances before your next payday.
If you do suffer a change in circumstances then you should accept that the payday loan will most probably become a problem as your wages will have been used for an emergency situation.
Please check the rate being offered on a payday loan as they tend to be high due to the short nature of the repayment period. Usually, the shorter the repayment period of the loan, the greater the APR or loan rate becomes.
Our trained advisors will email or call you back at a time that suits you
For further advice regarding payday loans, how to get one or how to deal with the problems of a payday loan, please call our free debt helpline today in confidence using 0800 018 6868