Articles
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What you should know about High Cost Short Term Credit before borrowing?
High cost short term credit HCSTC popularly known as payday loans are now well regulated in UK to protect short term unsecured borrowers. You should know your rights before go for this type of funding.
Posted · Author TextLoans1000
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Benefits of online text loans
Online payday loan application process has saved a lot of time and resources of the borrowers. Now you can apply and get loan even sitting in your home or workplace.
Posted · Author TextLoans1000
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How interest is calculated in payday text loans?
After FCA regulation a cap for fees and interest is fixed so lender can not charge above this, also penalty amount is capped as £15 for loan defaults. Under any circumstances borrower have not to pay more than amount borrowed. These rules are very crucial in safeguarding customer’s interest.
Posted · Author TextLoans1000
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How to get cheaper loans with bad credit?
Taking no loan or credit card or their defaults both are negative for future loan prospectus. So if you have no credit history or bad credit history then lender may reject your loan application or he may charge high interest rates. But still these are some tips to get cheaper loans even with bad credit.
Posted · Author TextLoans1000
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Is payday loans are good as installment loans?
In past payday loans are defined as short term loans for maximum loan term up to number of days between loan application date to pay-date. Now payday loans are available in monthly installments also but because of higher interest rates these loans are costly affair. So term of payday loan as well as loan amount should be kept in minimal.
Posted · Author TextLoans1000