Payday Advance Helps Cope With Rise In Living Costs

Have you ever experienced being financially stressed out? As it happens, many Brits feel on the edge of their finances on a daily basis. Money supermarket website has found that the average family expenses has grown by 54 pounds for each month that goes by. As the rise in living costs poses constant pressure on British households, many adults believe they cannot handle any further increases.
The stress and financial pressure that British households already face has taken its toll, with many people suffering from sleep deprivation as a result of constant financial worries.
In April, only a couple of months ago, inflation struck and hit Great Britain by four and a half percent. A massive 25% of consumers believe they are nearing a breaking point as living costs leave many breaking even.
While living beyond one’s means is tempting, sinking into debt is one thing we all wish to avoid. Nevertheless, avoiding debt is harder now that petrol prices have reached another record high, with £1.33 pounds being the new cost per one liter of petrol.
The petrol cost has left a great financial impact on one in every four British adults. The monthly budget is getting tight: while people continue to earn the same amount, they now have to spend more on regular weekly expenses. As for the biggest drain on an average family income, food comes in first for one quarter of the people surveyed. One fifth of the people in the study believe that the largest financial strain comes from utility bills.
Nowadays there is less disposable family income. For many that need to cope with pay freezes, less money is available, meaning less income and more financial stress.
The demand for a fast payday loan has grown as a result of the current financial state in the UK. Not making it till the end of the month made 58% of Brits turn to short term money solutions such as the payday advance. If you need immediate cash, a hassle free online payday advance may help sort out your finances.

May 25, 2011 at 2:00 PM Leave a comment

Living on a Tight Budget? Payday advance could help

Latest budget changes are likely to affect
most Brits, with the average income per household about to decrease by 200 pounds.
According to the institute for fiscal studies, changes to welfare and tax benefits beginning April this year are the reason that incomes will be 200 pounds less on average.
Credit Action stated that there is a drop in the higher rate income tax threshold. Consequently, 750,000 individuals will begin paying tax at forty percent.

Childcare benefits are about to be frozen until 2014, national insurance contributions by employees will grow from eleven to twelve percent,
and a reduction in the entitlement for child tax credit is also expected.
With both benefit cuts and rise in taxes, on average households will have 200 pounds less than in the previous. Add that to further job losses and higher cost of everyday living expenses, and you have a recipe for a very tight budget per household.

Budget concerns

Uswitch conducted a study showing that 4 out of 10 Brits are not feeling confident about their financial state. The reason was found to be the British Chancellor’s latest budget announcement.
The research revealed that one in four people do not feel confident about Great Britain’s financial state. In fact, nearly 40 percent feel they are financially worse off after the recent budget announcement for 2011.
If you feel stressed out financially, check “payday bank” and “my payday” to find out how you can effectively solve short term financial issues.

April 6, 2011 at 1:00 PM Leave a comment

A quick payday advance can help personal finances

A fast payday advance can be useful when you need to borrow cash in a hurry. It also contributes to lowering unauthorised overdrafts fees as well as credit card charges.

There are a several things to keep in mind, however, to make fast payday advance work in your favor.

Normally a payday advance offers you instant access to cash in the amount of 80 – 750 pounds with the ability to repay within 30 days.

What you need to do:

• Figure out the household outgoings to see how much you are able to repay when your next paycheck is due

• Double check that there is sufficient funding in your bank account bn top of maintaining a good credit score.

• Shop around and compare various online loan rates and deals

What you do not need to do:

• Do not apply for a long term, secured loan. These type of loans risk your personal property and if you default on the payments, you might lose your house.

• Do not apply for more than you can afford to repay on due date. Keep in mind expenses such as council tax, utility bills and other debts. You should also leave some ‘going out’ cash each month if possible, otherwise your cost control efforts might not fit reality.
After figuring out the right amount to borrow, getting a payday advance is convenient and accessible while approvals for many individuals are high. Submit a short online application and get the extra money needed to sort out personal finances.

January 11, 2011 at 3:51 PM Leave a comment

A Payday Advance Helps Pay for Car Insurance

According to a recent research, honest drivers pay on average 50 pounds on a protection policy against accident claims with drivers that are not insured.
The research conducted by “co-operative insurance” showed that sincere drivers pay out once a week every year for the uninsured. A massive 25% of these motorists are below 21 years of age, disregarding rules and regulations by driving without a licence, insurance, or an MOT.

If you recently experienced a car accident with an uninsured motorist an quick payday advance can contribute to cover the bills that remain uncovered by the insurance company.
Mr Tim Franklin, head of financial services at “co-operative insurance”, stated that millions of individuals are disregarding the law by not paying for car insurance. This means that costs become much higher for both honest drivers with personal responsibility and the insurance industry.

UK drivers are taking on a big risk.
Whether the risk is colliding with uninsured motorists or doing something dangerous like text messaging and driving at the same time.
Sainsbury’s latest research shows that two thirds of drivers in Britain admit to have performed some sort of activity on the road that could endanger lives.
The number one offence is drinking and eating with 38 percent, followed by nearly a third that admit they drive while feeling very tired. As for text messaging and driving, 6 percent admitted to doing this dangerous activity

A Quick Payday Advance

If you need to pay for a car breakdown repair or upgrade your existing car insurance coverage, a quick and convenient payday loan can sort out your finances. The loan is designed to be short term. It will be repaid on your next payday, usually between 2-4 weeks.
Read further about payday advance to see how it can contribute to your personal finances.

November 18, 2010 at 11:45 AM Leave a comment

Payday advance helps afford winter energy bills

Latest research shows that on average, the cost of the UK energy deals has grown by 80 pounds beginning May 2010. As the cold winter is fast approaching, the costs are expected to rise. If you are financially unable to pay your energy bill this month on top of other utility bills, a payday advance can help aid your cash flow.

The online research by “money supermarket” also found that that fixed and online tariffs both
reached new peaks at 2009. Online tariffs rose by 6% since May this year. As for fixed tariffs, the average cost is higher than it was 6 months ago by 20%.

Mr. Scott Byrom, the manager of the energy costs at “money supermarket” stated that the high cost of energy prices are expected
to continue. This means that new customers will not be able to enjoy leading deals to cut down on costs. Replacement tariffs will continue to rise as well. This is not good news for those struggling to make it to payday without seeing red in their bank account.
According to the research, the number one deal on the market today is with “Npower sign online” number 19, requiring 890 pounds for a whole year.

A Quick Payday Advance

If you do not feel you’re up for another increase in monthly bills costs and are worried about this winter’s bills, apply for a quick and convenient payday loan. The loan is online and free of paperwork, no credit check involved. Remember to repay the loan on time so as to avoid any extra charges. Read further about payday advance to see which one can help sort out family finances.

November 3, 2010 at 2:47 PM Leave a comment

Fast Payday Loans for Tough Financial Times

People in Great Britain are going through rough times to make it to payday. Latest research by insolvency trade shows that approximately 20 days after the latest paycheck, Brits run out of cash.

If you are going through a costly month a fast payday loan can ease your immediate cash flow until your payday arrives.

According to the research, forty two percent of the UK are having a hard time to make their pay last for 30 days. Eleven percent struggle on a regular basis and thirty one on occasion.

“Inflation is associated with everyday living costs as well as possible increase in the interest rates does not make this struggle easier,” said Mr. Steven Law, insolvency trade’s president.

The major reasons for the constant financial struggle includes card payments for a third of the people participating in the survey, spending on luxury items or going out was a struggle for one quarter, and repaying a mortgage or bank loans accounted for fifteen percent.

“There is a need for a cultural change in consumer debt management. For a long time we got used to the concept that we are entitled to the money.

The amount of personal insolvencies since year 2000 has grown by 350 percent.

Fast Payday Loans

If you are having a hard time to make your monthly income last for 30 days a fast payday advance loan could help sort out personal finances. An amount ranging between £80-750 is accessible to borrow online with a mere 20 pounds charge for every 80 pounds you borrow. The cash is repaid from the borrowers by the time for the next payday.

September 21, 2010 at 2:56 AM Leave a comment

Wedding Season now Affordable with Payday Advance

Recent research reveals that this summer wedding attendance has reached a new peak. On average, the cost of attending a wedding in Britain is 215 pounds. Do you want to be at a wedding of a loved one yet worry about the costs? Here’s how you can afford a wedding attendance with a hassle free payday advance.
Conveniently, when you are short in cash yet need money on the same day to go straight into your bank account, payday loans serves as a solution. The payday loan is a short term financial solution to your annual costs of weddings attendance. This year, according to a recent survey by “direct line”, weddings require more spending from each guest’s arrival, compared to 2009 wedding season. Whether expenses go to reception beverages or attire and accommodation during the occasion, preparing for the wedding can easily throw your monthly budget out of balance. On gifts alone guests spend at least 75 pounds, according to the survey.
A weeding consisting of 80 people with about 300 pounds to pay individually amounts to £24,000, a huge amount of guest spending in my opinion. It may even be more money than the happy couple spends on the occasion.

Research by Santander shows that in the UK people spend ten and a half billion pounds each year as wedding guests. If you go to 4 weddings in one year, you can easily end up spending £1500 on them.
At direct line one conclusion from the research was that while happy couples know that weddings costs are expensive, they hope to raise the money only once in their life for their wedding. However, being invited to a wedding happens 2-3 a year for many Brits, meaning you need to be prepared to pay for attending time and time again.
A hassle free and simple solution is getting online to apply for a payday loan of your choice. I highly recommend payday bank UK, serving as a reliable money loan source in Britain. You can borrow between 80- 750 pounds in a single loan, designed to be repaid by your next payday. Read more about how payday advance payday advance can help pay wedding expenses.

June 6, 2010 at 12:33 PM Leave a comment

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