Categories
festival 2021

Cock and Bull Festival

The Cock and Bull festival site is sadly no more, but that doesn’t mean they may not be continuing to do great work or have done in the past.  They are still using a facebook page if you need to get in contact with them directly.

Thanks

Categories
bad credit

Bad Credit Affecting your Finances?

Everyone cannot afford a savings or maybe they have recently invested in an asset and have less cash for emergencies. If bad credit is affecting your finances then to overcome the sudden financial crunch a person can take a short term loan which is also called a payday loan.

This loan is given easily and instantly unlike banks and other financial institutions that keep their customer waiting in queue for hours and then reject their loan application for certain incomplete or incorrect documents and information.

The application process for short term loans is pretty simple. You need to contact your lender, which is generally an online service. They will send you an application form and request for certain documents. These documents will be driving license, employers name bank details, proof of UK resident, etc.

Once all documents are sent through email along with the application form they start verifying and scrutinizing it. It may take 2-3 days and once the application is approved, the funds are transferred online to your account within a few days. Your repayment starts from the first day when you get your paycheck. The interest may be high, but the tenure is short so you get rid of the loan faster.

LoanPig is a UK based payday loans provider. They provide a quick loan with a high acceptance of interest rates. They are regulated by the FCA, therefore all the terms and conditions are clear in their online site loanpig.co.uk. They are the fastest money provider as the loan is transferred within 24 hours into the borrower’s account if all the documents are valid.

When a person applies for a short term loan, it is when they don’t have savings or a credit card to cover up expenses. Saving money is in your hands, but credit cards depend on credit scores. So majorly it is those who have bad credit scores generally look for short-term loans because they can’t get a plastic card. Various lenders reject applications due to bad credit but also welcome such customers as lenders understand their situation.

A special bad credit payday loan has been designed which is a high-cost short-term loan. It is made for those customers who have a poor credit history. It is a high-cost loan which is up to 12 months. The interest rate can vary from lender to lender, but the other charges are abided by FCA rules. However, remember that the interest in this special loan is normally higher than ordinary short term loans.

While taking a bad credit loan, you should know a few things –

  • Bad credit loans are for those who have poor credit history due to missing loan repayments or other credit commitments like credit card payments.
  • You can always improve your credit history by paying timely your high-cost short term loan.
  • You should always take a loan that you can manage to pay because your loan installment will also include an interest rate which is higher than normal loans.
  • Even if your credit history is poor, lenders will still look into your earnings.
  • For a bad credit loan, you don’t need a guarantor. If you take a guarantor loan, then the credit history of the guarantor is taken into account.

There is hope for everyone in this world. Instead of ruining your credit score and getting into late payments and further financial burdens, it is wise to save money by cutting down your unnecessary expenses.

Categories
short term loans

Money Management and Short Term Loans

Short term loans and money management are key aspects when we need to borrow money from time to time. Whether it is a wedding we need to plan, education we wish to pursue or a business expansion, or something a little smaller to tide us over or for the time when you need a quick injection of cash to get you through a certain time. We often look for loans to fulfil such expenses when all other avenues have been exhausted.

Short term loans management will depend on your needs, your credit score, your employment status, and mortgage, if you have any. For smaller amounts, it is best to borrow money from friends or ask your employers for an employee that they can deduct every month from your salary.

However, for bigger loan amounts; you need to approach banks or other financial institutions. LoanPig is a FCA regulated short-term loans lender project that works with you to provide you loans in a very transparent and honest environment. To check different types of short term and payday loans available with LoanPig, visit their site.

Ways to borrow short-term money easily

If the loan amount required is not very high. You need cash urgently and this is why you can wait for the bank to complete their long loan approval processes. These are the few ways in which you can arrange money for immediate use:

Borrow from family and friends:

  • It is an informal way to borrow money that needs no extensive approval.
  • The interest rates are usually very low and re-payments are also flexible.
  • It is best to get all the terms of the loan in a document form and get it signed by both the parties to avoid personal clashes over money.

Trade credit:

  • You can ask the company that you have made a purchase from to extend your date of bill payment.
  • This period is called credit period that get after purchasing their services to pay for their services.
  • This is the easiest and interest free way to arrange for money if that is your sole purpose for the loan.

Bank overdraft:

  • This can work for you if  you hold an account with a good standing.
  • They allow you to withdraw cash more than what you have in your account.

Credit cards:

  • You can clear a transaction with a credit card, which gives you 30 day leverage for a payback.
  • It is only possible to use this method when you are sure to get it all cleared within a month’s time; otherwise the charges could be very expensive.

Loan brokers online:

  • The online brokers can connect you with financing institutions.
  • They however need your documents such as your income and credit report.
  • The rate of interest is usually on the higher end and there is a chance you might not secure the loan if your credit score is poor.

Short-term period loans usually are very easy to process. These are cleared in a day or two and are the best way to tackle immediate or temporary financial emergencies so that the stress could be diversified over a year rather than on immediate basis.

Choose wisely and as per your affordability, the type of loan you require and the ways in which you could get benefited.