subject: Find Out If You Qualify For This Short Term Loan [print this page] Managing finances is increasingly difficult in these times with everyday items increasing in price whilst wages remain static.
Somehow we have to juggle income against expenditure and end the month in credit or at least in balance. The bank statements of most wage earners these days starts on payday looking good and end the month with just a few pounds credit.
Banks actually do not like the average man where this income and expenditure just balance out monthly because they have a hard time trying to work out ways to make money out of them. They much prefer the other two types of customer and that is the very rich and the poor defaulters.
The rich leave their money in different investment accounts for the gamblers in the City to play with or in their everyday account which is bulging nicely and earns the bank more interest. The individual who is earning little and cannot manage his account gets constant charges for unauthorized overdraft and bounced cheques and they are very nice little earners for the bank indeed.
If you fall into either of the two categories above then borrowing till payday is unlikely to be of any use to you. The wealthy wage earner will always get along with generous credit limits and the man who cannot manage his account is unlikely to be reliable about repaying the whole of the loan with interest on payday without making his life more complicated.
There are however a large number of working people for whom a very short-term loan is a help till their next payday. These loans if used sensibly and only when absolutely necessary should always be paid back in full-out of the very first pay cheque.
It maybe another week or two till payday and an unexpected bill or other cost is making life difficult. You may try the bank but they are increasingly unhelpful in offering overdraft or loans and they may also be just as costly as this lender.
If you just want to borrow one hundred pounds till payday the loan if agreed is in your account the same day as you apply for it. If that saves the bank bouncing a cheque and all the embarrassment that creates then do it as the bank is also going to charge you twenty-five pounds for a bounced cheque or if allowed to go through, an unauthorized overdraft charge often of the same amount with a nasty letter into the bargain.
If you qualify for the loan of one hundred then one hundred and twenty-five will come out of your next pay so there is an argument to borrow and avoid those nasty bank letters.
To qualify for payday loans no credit check you have to fulfil certain criteria like being in full employment and having a bank account with a debit card. You should be over eighteen and at a fixed address.
