Five Reasons You Might Need a Cash Advance

There are times in everybody’s life when they find themselves short of cash. Most of the time, we manage to get by simply by cutting back our spending or waiting until our next pay cheque comes in, but what about the times when we’re unable to do that?

While you might be able to forego your regular Friday night out or skip the cinema a few times, some costs can’t be pushed off until later. So what are the top five reasons you might need to get cash advances?

1      Rent – Have you ever tried to talk your landlord into giving you an extra few weeks to pay the rent? It’s not easy. Many will decide that you’re not worth the trouble, especially as renting becomes more popular as house prices rise. Taking out cash loans means you don’t have to worry about the landlord finding out you’re short of money, as you can pay him off and then pay off the loan on your next payday.

2      Bills – The same way your landlord isn’t going to be happy if you try and push off rent, the electricity, gas or phone company won’t give you much leeway either. Neither will the council or water company. Amazing how many people want money from you, isn’t it? Continue reading

Going a step further beyond the most common payday loan myths

Payday loans have been facing severe criticism from both media and consumers since their entry into the market. You must have become accustomed to a lot of stories that are very commonly heard these days about payday lending. They are well known as the payday loan myths. This article sheds light on the most common payday loan myths as well as tries to explain the benefits that you can get out of them. With the rise in the number of people using payday lending to get by, the number of cases of pay day loan consolidation has also undergone a rise.

Cycle of debt – This phrase has become very well attached with payday loans. The fact of the matter is that there isn’t much truth in it. Most people are known to use payday loans under very rare circumstances. Payday loans are never to be confused with long term loans. It proves to be of great help during emergencies. Payday loans are given out on terms that make it important for you to pay off your loan on your next payday. This proves that there is no way you’ll ever be stuck in a cycle of debt if you pay off your loans on the paydays. Continue reading