Employers should in fact pitch in to provide interest-free payday loans, or advance payment alternatives against the employee’s monthly salary as the credit facilities.
The Money Advice Trust’s National Debtline warned today that more people are struggling with home shopping catalogue debts
Payday lending company Wonga.com has caused a commotion by launching a service that offers short term loans to British businesses.
Over 11,000 UK households are claiming more than £34,000 a year, which is the equivalent of higher rate taxpayer’s earnings of £47,000.
Depending on a borrower’s specific need determines what type of loan they should try to obtain.
Prepaid credit cards are a good option if you need a credit card but have a bad credit rating that would hinder your ability to be approved for one.