Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
May 2, 2017
The financial industry is awash with new products. Short term loans and payday loans are particularly common among the salaried people. If your paycheck is several days away and you have an emergency, you apply for a payday settle it when your paycheck arrives.
A payday pug works much the same way. It is a cash advance or a paydaypug which we facilitate to be repaid when you as a borrower receive your next paycheck.
The payday pug is a short term, unsecured loan which is a cash advance loan, a payroll loan or a payday advance. Short term loans come handy under the following circumstances:
Imagine you are headed to an important meeting and your car breaks down. You might not have any cash in your account. You would like to have your car fixed as soon as possible. All you need to do is to apply for a pug. A paydaypug is readily available online. Once you apply and get approved, the cash will be wired to your account. As such, you will be able to pay for the repair in less than 24 hours. The beauty of these short term loans is that they are highly convenient and fast.
Sometimes we get ill or our family member requires an emergency surgery. The paycheck is a few weeks away and the surgery has to be done in the next 24 hours. Borrowing from friends, family or from your credit card company may not be a good idea. This is when you need a paydaypug. The amount is processed for you fast and the surgery paid for the following day. The repayment will be made when your pay check arrives.
Are bills piling up in your household and the paycheck has delayed? A payday pug is the solution to your problem. The cash will be availed to you within 24 hours so that you can pay your electricity, water, gas among other utilities in your house. The convenience of the short term loans has made them even more popular than the traditional loans that people receive from banks and other financial institutions.
To begin with, a pug is short term loan that is based on your paycheck as a borrower. One holds it for a deposit in future. It is a way of electronically linked to your bank account so that in the event you apply for one and approved (usually in less than 24 hours), the cash is wired electronically to your account. Before the payday pug is wired to your account, you will write a personal check for the amount borrowed and include a finance charge. This cheque is delivered to the company offering payday pug services and immediately the cash is transferred to your bank account. Your account is debited with the amount on the pay check at the end of the month when finally, your cheque arrives.
Please contact us to learn more about payday pugs and our involvement in a dog charity.
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Representative example: if you borrow £550 over 18 months at a flat rate of 180% per annum (fixed) with a representative 770% APR you will make 18 monthly payments of £113.06, repaying £2,035.08 in total. Rates from 45.3% APR to 1721% APR. A short term high cost loan should not be used as a long term solution. We are a broker not a lender. We don't charge fees. We don't sell your personal information. We may receive a commission from the lender.