A car is an indispensable part of our daily lives that we rely on for transport. While owning a car makes our lives much easier, vehicles come with a heavy price factor in terms of repairs and maintenance costs. Sometimes, a minor fender-bender is all it takes to throw your finances into utter chaos. As you may have noticed, a car accident usually occurs at a time when you just don’t have the funds to deal with it. Not only do these minor mishaps cause a great deal of emotional distress, they also make you worry about finding the money to get your car repaired immediately because you just can’t do without it. For a vast majority of working people, a car isn’t a luxury, but a necessity, since it gets them to work and back.

Statistics show that around 95% of vehicles in the US have a valid insurance. While this is great, studies also indicate that the average excess or deductible on your vehicle insurance is anywhere between $100 and $300. This means that you will first have to pay this amount out of your pocket even before your insurance coverage kicks in. The excess amounts are even higher for younger and less experienced drivers, as insurance companies believe they are more prone to accidents. If you are faced with a car repair midway through the month, and you don’t have the cash to cover your insurance excess, then getting a payday loan is a good idea. A payday loan not only ensures that you get the funds you need within a matter of hours but also enables you to get a loan from the comfort of your own home!

Your insurance premium – the amount charged by the insurance company for covering your vehicle – is a substantial amount. One way to reduce your premium is by increasing the excess that you pay in case of a vehicle repair. By increasing your excess amount to around $400, you can significantly reduce your monthly premium and save a whole lot of money. In the event of an accident, you can get a payday loan to cover your excess, and repay it on your next payday. This way you needn’t strain your finances, and the amount of time and money you spend on your vehicle repairs is reduced.… read more

Money shouldn’t be the first thing you think about when you wake up or the last thing before you go to bed at night. If you’re thinking about it then you’re stressed about it which isn’t good. You don’t need the added stress in your already hectic lifestyle. A lot of the time, people are so worried about small expenses to tide them over from month to month that they cannot think of anything else. Maybe you budget your money to the dime every other month because you’re a freelancer and some weeks are better than others. There are patterns to your paychecks and the way that you manage your money.

It’s a good idea to think about what those patterns are and how to best handle your money before you go crazy every other week with worry if you will be able to make it to the next month or not. If you do have one of those patterns where some weeks are better than others and if you could you would spread them out to make sure for the whole month, then maybe you need something like a same day payday loan to get you through to the better week.

The solution:
These same day payday loans are an answer to your prayers because there is no waiting, no faxing to be done, no credit checks and you can have money readily available in a few minutes with just the confirmation of your email. Don’t stress about money because you can’t afford to. What you can afford to do is take out a small interest loan that will keep your spirits up and give you the confidence to go out there and pick yourself up a better job. Anything is possible if you believe and have a little money in your pocket. You will be back to whistling while you work in no time.

Whether or not you’re looking for a way to take that long waitedhoneymoon, expand your business, or get that new and snazzy pair of dancing shoes then think about a payday loan. This is the absolute best way to go about it so you don’t have to take out a large credit line or anything like that. Worry about a short term fix on your current shortage of money so that when it comes in, in a couple of weeks, you can pay it all back and get back to the reason why you feel like you.

They say happiness cannot be bought
This may be true, but unhappiness can be acquired when you don’t have the … read more

A recent survey by Consumer Focus discovered that payday loans in the USA are on the rise, having increased fourfold since 1996. Payday loans are a quick and easy way of temporarily improving your financial situation, whatever your credit rating or predicament, and with banks holding back on lending in the current climate, have quickly become one of the only safe ways to borrow for those in need of a financial boost in a hurry.

Situations like an unexpected bill or household expense, when your payday is still weeks away, can lead to financial and emotional stress. Payday loans can alleviate this problem by giving you access to the money you need in a short space of time (often on the same day or quicker), through a simple application process that often requires nothing more than proof of earnings and an active bank account.

Consumer Focus found that this method of lending is increasingly popular with young business people, with a majority of borrowers being under 35, single and with no children. They tend to borrow in order to fill a shortfall in their wages and to fulfill short term needs, rather than more long term investments, and almost 70% have an income that falls below the national average of $25000 p.a. Most borrowers are repeat borrowers, a situation which has caused concern among detractors of payday loans, suggesting that this form of lending actually encourages long term financial problems, rather than simply being a short term solution.

If you are looking into taking out a payday loan, it is most important that you are certain that you will be capable of paying back the full amount of the loan when your pay cheque clears. Although banks are not lending as much as they were pre-recession, it is always worth asking for an extension on your overdraft before turning to a payday loan, as with an approved overdraft you will not face interest on your borrowing. Interest rates on payday loans vary from company to company, but you should expect interest of around 25%. This means that if you borrow $100 you will pay back $125, or for a larger loan of $300, interest will bring your repayment up to $375. It is also worth checking what your options are when it comes to unexpected bills or payments, as many companies will allow staggered payments, or will work out a repayment plan with you that fits better with your needs. If these options have been exhausted and you are certain that you will be able to pay back the loan on your next … read more