09 May 2017 ~ 1 Comment

Short-Term Financial Help

An unfortunate element of modern day life is the need for unexpected financial commitments to be met in a short space of time. Life has a way of throwing things at us – good and bad – that only money can address.  The truth is everyone at some point has had a short-term crisis that they’ve needed cash to resolve. This is as true of people who are fortunate enough to have savings as it is of those who do not have the income to be able to put some aside every month.

When there’s a need for money on a short term basis there are a number of ways that one can go about ensuring they obtain it. Often it might be that family and close friends are in a position to help, but not everyone likes asking or imposing like that, even if the amount can be repaid in days with no fuss or argument. When you need to obtain emergency money a few days before payday then this is exactly what a respected, internationally recognized company like Wonga offers in respect of fair Payday Loans.

Many of you will read ‘Payday Loans’, think of the sensationalist headlines newspapers have run and stop reading this. It would be better, however, if you read the other side of the story. Whereas some people have run to the press with a story of how much interest they paid on a ‘Pay Day’ loan it’s rare that they or the newspaper says exactly why so much interest was accumulated.

The idea of a payday loan is one that should be paid back in days or no more than two or three weeks – ideal for those that need the money before their salary is available and accept the responsibility to pay back as agreed. When people treat this short term loan as a long term one, against the conditions, then the interest naturally increases – just as it would with a bank or any financial institution. It is strange that the Payday Loan Company is expected to take the blame for someone approaching them for a loan for the wrong reasons. When used for the right reasons, a company like Wonga can offer the lowest rates, not the highest.

There are many real-life, true stories of people who urgently needed a payday loan, paid it back in the agreed space of time and found that their interest bill was typically less than just the administration fees that banks would have charged for the same service. A company like Wonga, just like banks, exists to make profit of course – a profit that is only possible via acting with integrity and treating valued customers in a fair and amicable way.

If you get an emergency a few days the wrong side of payday then a Payday Loan is catered to give you help. For an affordable and reasonable fee it can really assist when you need short term money that need now, not in a week or so when you get your salary.

One Response to “Short-Term Financial Help”

  1. Patria 6 June 2014 at 5:34 pm Permalink

    Nothing beats puddles or moistness please

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