Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £850 for 11 months at £146.30 per month. Total repayment of £1,609.25. Interest: £759.25. Interest rate: 150% pa (fixed). 277.6% APR Representative.
If you're in need of quick funds and have exhausted the more traditional routes of bank loans or borrowing from friends and family, it may be time to consider taking on a short term loan. But how do you find the best cash loan, or a payday loan, for you and your unique financial circumstances?
The most important thing to remember when considering a personal loan is that it caters to you and your resources. For starters, you should understand the difference between a secured and unsecured loan. While a secured loan requires that the borrower have collateral in case they miss a payment, unsecured loans are available to individuals who may not have that collateral.
Next, you need to determine how much cash you need. For many individuals considering a short-term loan, the motivation is an emergency of some kind, like an unexpected medical bill, car, home expense that results in needed minor repairs. If this is your situation, a short-term loan may be worth considering. Because they are often for smaller amounts and repaid over shorter periods of time, this could be considered the best cash loan for emergency circumstances.
Finally, research the lender and their reputation. While some lenders may advertise "LOANS RIGHT NOW!" they may also be hiding certain fees or costs that come with that loan. Get an idea of the lender's standing by researching them on the Internet, or call their customer support with any questions you have. The quality of customer support offered by a lender is a good indication of how they would treat you if you were one of their customers.
In your quest for the best cash loan, you may want to consider Pounds to Pocket. We offer loan amounts up to £2,000,† with repayment periods anywhere from 6 to 12 months. All potential borrowers must at the very least meet the basic criteria in order to apply — for instance, they must be 18 years or older, a U.K. resident, with a valid bank account and proof of employment — but we include no hidden fees with our loans, making for a straightforward lending process. Please visit our Rates and Terms page to learn more about our loan products and costs.
Taking on a loan is a serious commitment, and if you're planning to, you need to be certain first that the lender and the loan are right for you. Make sure to do your research, find a loan appropriate to your individual finances, and you'll feel far more confident handling your emergency needs.
Apply online today for unsecured loans from Pounds to Pocket. We know that you are looking for the best unsecured loans for you. Consider all of your options for the best unsecured loans and then contact us to apply for a loan from Pounds to Pocket today.
No matter how much you plan, there will always be unexpected expenses. Whatever these emergencies are, if you're looking for the best unsecured loans to help out, contact us today and see what we have to offer.
As a first time borrower, you can receive up to £2,000§ to get everything that you may need. Apply today.
Apply online today for one of the most convenient short term unsecured loans that you will find on the Internet. You can cover a variety of emergency expenses, so apply online today and get cash fast to fund your next emergency, if approved. Contact Pounds to Pocket today!