What the best way to take a payday loan?

By Oliver at 2014-08-23 01:45:47


Answers

  • As with any financial product, it is always best to compare a range of products rather than buying the first one you come to. Look at the terms of the loan, penalties if you pay early or pay late and how quickly you will get the money you borrow. Look out for special deals, such as companies offering an interest-free loan for first time borrowers. This means if you borrow £500 you will only repay £500 and this also starts building up your credit rating with this and other companies. Also, look for companies who give a better rate to returning customers if you think you may need another loan in the future as some offer a facility where if you pay off the loan on time future loans may have a reduced interest rate.
    By Cred24, 2014-08-23 01:46:18