How to make and keep money

Payday Loans How to Borrow the Instant Money

Payday Loans Provide Money for Urgent and Troubled Times

A sure way to deal with your cash problems that arise when you have exhausted your paycheck is to take up money through loans. With numerous loan opportunities, the borrower has to choose his option wisely. Through Payday Loans, the borrowers can take up money for their needs easily and without pledging any collateral with the lender.

These loans are available to those borrowers who are in need of money for their urgent needs but due to exhaustion of their paycheck, they are not able to do so, on their own. The money is available to them without pledging any assets with the lenders. Only some conditions of eligibility are required to be fulfilled. The borrowers should be adult citizens of the UK. They should be regularly employed since the last 6months and have a regular place of residence since the last 3months. The money has to be transferred to a current bank account of the borrower which is at least 6 months old.

The amounts that can be borrowed are dependent on the monthly inflow of cash of the borrower. The amount may be as low as

How to Borrow the Instant Money

Salaried people require instant money very often for some urgency. While they tend to rush to take out Payday Loans, they must ensure that its repayment burden does not become a nightmare. These loans may turn out to be highly burdensome as well.

These loans provide money on certain conditions, which you must meet. For instance, you must be an employee for at least last six months, with a fixed monthly salary. There should be an active bank checking account in your name.

You should also be ready to write a post-dated cheque of the borrowed amount and fee. It is against the cheque that the lender will electronically deposit the loan amount in your bank account. Most of the applicants receive the loan amount within 24 hours in their bank account.

Payday loans range from

Paying Your Bills On Time

How many monthly bills do you get? You may have a mortgage bill, a car payment, heating, electricity, gas, telephone, television, and that doesn’t even begin with your credit card and store card payments. The fact of the matter is that people today have more monthly commitments than ever before. And with all these various bills it is very easy to forget to pay one on time.

Then there is the wholly separate issue of whether or not you can afford all your bills. Sometimes we may simply have over extended ourselves financially and in such situations we may not be able to pay all of our bills as they fall due. And what if you were to lose your job, or become ill or otherwise unable to work? Even if this is only for a short time, you will have some very real problems meeting all your monthly bills.


This can be disastrous. First of all most creditors will slap late payment penalties and other administrative charges to your account if you are late. Some may recall or try to repossess assets if they have security over them. This is most serious in the case of your house but can also apply to your car or any other purchase you have made by instalments such as a television, or computer.

How can you provide for such an outcome? Well having some savings is a very good start. This should be able to cushion you for a few months should you lose your job. Then there is the fact that it is perhaps not so wise to rack up so many commitments that you can’t reduce your outgoings at short notice.

Insurance Protection

Another option to consider is payment protection insurance. This can be very helpful and is designed specifically for situations such as these. How it works is you pay an amount extra on top of your monthly bill. This is automatically added to your bill and depends on how much you have outstanding for each bill. For example, payment protection insurance on a credit card might be priced at £1 per £100 you have outstanding. What happens then is should you lose your job through no fault of your own, or should you become unable to work due to accident or illness, then the insurance should step in and make your repayments for you so that you don’t fall behind and rack up extra fees. This can be a great assistance to you financially, at a time when you need it most.