Payday Lenders are setup to lend instant cash loans to people who need extra money for a short period of time. New Payday Loan Lenders normally lend up to £1000 for a maximum of 30 days. Generally you can borrow this money with very few checks, no faxing, no credit checks and in most circumstances you can have the money in your account within an hour. Be careful which payday lenders you go for as some have much larger APR rates than others. At Fast Payday Loans Review we have a low representative rate and can give you a great chance of getting your instant cash loan.
An overview of the UK payday loan industry There has been very little research into the UK payday loan industry, partly because it was only introduced to the UK in 2009 and partly (based on an assumption) that there is simply not enough money on the government’s budget to continue to measure and monitor the [...]
The exact origin of payday loans is a little sketchy. Resources indicate that the concept of ‘loans’ started as far back as thousands of years ago when Rome was in power. The only thing for certain is that payday lending stores began to appear on the US and UK high street in the early 1990’s [...]
When it comes to borrowing money, you owe it to yourself to be absolutely certain who it is that is prepared to give you a loan. This has never been more prudent than in the case of payday loans as this industry unfortunately is largely unregulated in the UK. The implications of this are that [...]
Cash till payday loans were introduced to the UK in 2006 and ever since then, their popularity has rocked, which is quantified by the fact that the industry is now worth £1.7 billion. The premise of payday loans is that they are a short term loan for a period of between 15 and 31 days, [...]
You probably think it is more difficult than ever before to get consumer finance thanks to the global recession meaning that banks and building societies etc are more reluctant to lend money. You would be correct to an extent, however where one door closes, another opens and this is indeed the case with consumer credit. [...]
There is a lot of uncertainty around the payday loan industry which can lead to misconceptions. Therefore we have put together a FAQ list to hopefully clarify the facts. What is a payday loan? A payday loan is a short term loan from an independent company designed to relieve cash flow problems between paydays. They [...]
We all know that finding the best payday lender is a very challenging task. This is especially true when considering the current status of the UK market. With all the new payday lenders out in the market, there are so many options that are available for you to choose from. But, even with numerous options [...]
One of the rapidly growing industries in the United Kingdom is payday loans. Payday loans are short-term loans offered by lending companies at a certain rate that guarantees automatic cash within 24 hours. This has been used by many as an option for fast cash flow before the arrival of their next pay day. This [...]