Reasons for avoiding high street lenders

Along many UK high streets these days there are shop units where you can borrow money. They promise all sorts of things, with loans being sorted out quickly, no collateral needed and things like that. They can be alternative for people who cannot borrow money through a bank or other financial institution, perhaps because they…

When you should take out a Payday Loan

Payday loans are often seen as the very worst type of loan. With huge fees and interest rates, the costs can spiral if you do not make the repayment on time. However, many people do not realise that it is possible to pay more on an unauthorised overdraft with some banks. However, there are a…

Is Peer-to-Peer Lending right for me?

Peer to peer lending is something which is becoming more popular. It is even being advertised on the television as an alternative way to save money which will increase returns. It is quite a new idea though and so many people are cautious about it. It is always right to be cautious in any decision…