Are you looking for loan sharks to get yourself out of a financial problem? We say don’t do it!
Loan sharks are so called lenders who charge ridiculously high-interest rates.
They target those that are in desperate need of cash that are willing to agree any terms to get their hands on the money they need.
Loan sharks may seem lovely and helpful, to begin with, but soon after lending the money they can turn very nasty. Loan sharks will lead you into even more financial debt and huge personal problems.
Representative 277.5% APR - Representative Example: Amount of credit: £750 for 12 months at £119.21 per month. Total repayment of £1430.52. Interest: £680.52. Interest rate: 140% pa (fixed). 277.5% APR Representative.
So if are you looking for loan sharks to get yourself out of a financial problem we say don’t do it! There are other more sensible options to get the cash you need.
Payday Loans Instead of Loan Sharks
Although there has been a lot written about payday loans in the press, they are still a popular and ideal option for someone who needs cash fast. Payday loans also help those that may have a all credit types rating and can’t get accepted anywhere else.
By looking at payday loans as a short term financial choice they can be a great option if you are in dire need for cash now. By law the lender must detail all information, fees and charges upfront before you accept their terms.
This means there will be no nasty surprises after you have received the money from a payday lender. Looking for loan sharks? Instead look for the best payday loan deals on the market. Just click on the banners on this page.
So if you are looking for loan sharks to get yourself out of a financial problem don’t – payday loans is a better option to get the cash you need.
There are many disadvantages for going with a loan shark, but many advantages to apply with a payday lender. Most companies have a very simple application process and it is highly likely you will qualify, even if you have all credit types.
The process is very straightforward and you will be able to apply and receive the money in as little as minutes with some lenders. Payday lenders only offer what you can afford depending on your income and so they provide sensible lending.
Due to all the controversy in the past with payday loans, there are now a lot of laws and restrictions on the lender and so you can be sure you are borrowing in confidence.
The money borrowed can be used for anything with no restrictions so you can use the loan for one thing or a combination. There is usually a cap on interest rates and so you know upfront how much you will be charged with no surprises later.
So if you are looking for loan sharks to get yourself out of a financial problem we say payday loans is a better option to get the cash you want.
Just click on the banners on this page to be taken to approved payday lenders on the market.