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.
It can happen to anyone — despite careful budgeting and the best of intentions, you find yourself short on cash and unable to cover bills. It might not even be a huge amount, perhaps just £100 – £125. But it's enough to leave you in a tight spot and wishing that payday was just a few days sooner!
Small budget oversights are one thing. What about financial emergencies?
We depend on cars to get us to the train, to work, to the grocer's, etc. — they get us where we need to go. Your schedule (and budget) can go out the window rather quickly at the first sign of car trouble. Repair costs vary, but chances are they’ll cost you a fair amount. If you don’t have substantial emergency funds at the ready for a surprise expense, you could be caught in an uncomfortable financial position.
Your hot water heater makes sure you have warm water for showers, dishes, laundry and more. Finding rust, smelling any sulphur odors (rotten eggs) or realizing that you can’t get hot water spells trouble! There's no solution but to fix or replace such an integral piece of home equipment. Hot water heaters can be expensive to fix depending on the size and particular problem — costs can range anywhere from £75 – £1,000. It could cost you even more if you need to purchase a new one.
Clean laundry is a must-have. So what do you do if your washer starts malfunctioning? Average repair costs start around £100, and the inspection fee and service charge usually don't cover the cost of new parts. On the other hand, your time is also precious. It's difficult to find time and spend the extra money lugging your laundry to the laundromat when you have a busy schedule.
If you're ever in a bind and need to get cash quick, Pounds to Pocket can help!
We're a trusted online lender that has been providing loans to UK residents for over four years, and we understand that financial emergencies need a rapid response! Because we’re an online lender, we're able to process and approve loans much faster than a traditional bank.
You can use our Loan Calculator to see approximately how much your payment amounts, total repayment cost and interest will be. Just pick the amount you want to borrow and how long you want to borrow for — the Loan Calculator will provide a total loan overview. We want to make sure you're comfortable taking out a loan with Pounds to Pocket, and part of that is knowing your estimated costs beforehand.
Apply today for a cash advance, online or on your phone, for a loan of up to £2,000.† We provide funding as fast as ten minutes after approval, so you can get the cash you need, fast!§