We all know how it is, some month’s our money just doesn’t seem to go far enough and we’re left wishing we had an extra couple of weeks until payday. With Christmas presents and other festive treats to buy at this time of year, it can be difficult for wages to cover the cost of everything and many of us simply haven’t had the luxury of spare cash throughout the year to put aside for the festive period. The recent economic downturn has hit us all hard and, whilst the government are fairly sure it’s on it’s way back to recovery, it’s going to be quite some time before the majority of us feel it.
Of course, with Christmas just around the corner, you can’t let short term financial difficulties stop you from having a great time with family and friends…there really is help at hand, you just need to be sure that the difficulties are just cash flow problems and not long term issues which will keep coming back again and again unless properly resolved. When it comes to a solution to these short term difficulties, when you know you’re going to be able to overcome them come payday, the best solution is still to consider taking out a payday loan if you’ve exhausted options such as borrowing on your credit card.
We recently caught up with two of the UK’s leading payday loan lenders, Cash Call who offer payday loans for bad credit and Relax Cash who offer instant payday loansto get their take on their industry which wrongly receives on-going bad press. In short, payday loans have NEVER been intended as a long-term solution, simply because of the interest rates involved. If you can’t afford to repay your payday loan after a 30 day period, don’t take one out. They’re a fantastic solution to many who use them responsibly and borrow only what they can afford to repay and the bad press comes from those who continue to try and solve long-term problems with them.
So long as you know you’ll be able to repay, we strongly urge you to consider taking out a payday loan when you’re in short term financial troubles. They’re the perfect solution and help thousands of UK households each week to keep themselves out of trouble and keep food on the table and bills paid!