Payday loans for bad credit – Okay, so the oven has just gone and its 20 days till payday. Your car has decided to stop working and it needs fixed fast. Your dog has decided to consume its plastic toy whole and now needs an operation by an expensive vet.
No matter what has happened, you are likely to be here due to an unexpected bill that has came out of nowhere. Like most people they live pay day to pay day and anything outside their normal bills really knocks everything.
The recession may technically be over, but apparently British workers are still struggling with their personal finances. Over 30% of British workers say they always or usually live pay cheque to pay cheque to make ends meet, according to a new survey from CareerBuilder.co.uk.
That is where payday loans for bad credit come in handy
They are there for short term lending for when those unexpected bills crop up. That is when you need online payday loans for bad credit.
Payday loans have several names, payday advance, short-term loan, unsecured loan, or cash advance loan. They are designed for only short term borrowing and not suitable for long term lending.
Loans are for small amounts and of course for short term borrowing. Payday loans can be used for any reason and are simple and quick to apply for.
There has been a lot in the press about payday loans for a negative reason, but when accepting the terms of the loan, you will know exactly what you will have to pay back and they can be an excellent way of raising much needed funds when no one else will offer them.
Online Payday loans can be a lifeline
Payday loans for when you have bad credit are a lifeline for some people. If you have bad credit and you haven’t been able to be accepted elsewhere, payday loans for bad credit can be a great option and sometimes your most suitable option.
There are many reasons why you may not be able to be accepted with any of the mainstream banks and supermarket lenders. You may have a bad credit rating and so they do not see you as being financially secure enough to offer you a loan.
You may have bad credit due to missed loan and car payments, unpaid rent or mortgage payments or you may have County Court Judgments (CCJ’s) against your name. All of which have a detrimental affect on your credit profile.
Online Payday loans for poor credit are quick and straightforward. They offer a simple application process and when accepted you can receive your loan within minutes to your agreed personal bank account.
So when those annoying unexpected bills appear don’t panic, get clicking on the links on this page for a new payday loan with bad credit, to have the chance to get your much needed cash!
If you feel you have a long term debt problem and cannot afford to pay all your normal monthly or weekly bills, getting a new loan is not the answer and will only make things worse.
You would be better getting some free advice for some debt help to see if there is a debt plan that might help your circumstances instead.