subject: Payday Advance Can Help to Pay for Emergency Expenses [print this page] Payday Advance Can Help to Pay for Emergency Expenses
A payday advance is a short-term loan that can help to bridge the gap between paydays when you need it the most. . Companies charge you a fee for the advance, normally about 25 per cent of the amount of your loan. But this may be worth it when it is considered that waiting until payday to clear all the bills can result in a mass of late payment charges, and waiting to pay until next payday may not be an option.
Sometimes bills and unexpected expenses can cause your bank account to plunge into the red. In addition to the monthly bills that are usually faced, there might be extra expenses such as car repairs or medical bills.
When you are faced with an emergency you may not be able to wait to make the payment until your next payday and borrowing from friends or family may not be an option. A payday loan could help to pay for emergency expenses such as car repairs, medical bills etc. by helping to bridge the gap between paydays.
Payday loans can be applied for online and with the quick and easy application process you could have the money you need to make that urgent payment that same day. A few of the criteria to qualify for a payday advance are that you are over 18 years old, a UK resident, employed in the UK with a monthly income of at least 750 after tax and have your wages paid directly into a bank account with a debit card to that account. While a payday advance isn't the solution for paying bills that are higher than your income on a regular basis, it is a solution for those times when unexpected expenses mean the financial pressure is hard to bear. They can make a difference in getting the car fixed so that it can be driven to work or getting the dental help needed when you damage a tooth and are in pain.
There are many different things that can go wrong for any of us and a payday advance is a way of using the money that you will be getting anyway a little sooner.
A payday loan could be a possible solution to a short term financial difficulty, which could have been caused by an emergency expense such a medical bill, car or boiler repair.
The procedure for a payday loan application is simple and confidential, making quick loans till payday a possible solution when dealing with temporary financial difficulties.
