Banks and building societies in Great Britain have given loans in the total of 9.6 billion pounds since June 2009. Latest research regarding personal financial debt in the UK reveals that between January and March 2010, British banks were more involved than ever in providing loans- over 23 million pounds a day went to Brits in debt borrowing loans from banks. On top of that, total consumer credit lending on May 31st stood on 220 billion pounds.
These figures suggest that sorting out personal finances and dealing with debt is still a problem for many Brits.
a good alternative to overusing your personal credit and debit cards and seeing red in your active bank account is a no fax payday loan. By applying for a fast, fax free and hassle free payday loan you can improve your cash flow and not feel too pressured financially.
Cost control is no easy task when living costs are high and the British financial market still has to recover from the global economic crisis of 2008. No fax payday loans are available anytime, from any computer with Internet access. In order to be eligible for a loan, you need to be employed, have an active bank account and be over 18 years old. By filling a quick online application on the payday loan website of your choice, you get up to 750 pounds directly to your account. The application is convenient, hassle free and approved within 24 hours.Read further about Payday loans to see how they can help sort out personal finances.