Why payday loans beat credit cards

Credit cards have their uses. They’re convenient and safer than cash. They’re great for emergencies. They can help you build your credit record and, if you play your cards right, they’re an interest-free loan for around three weeks. Payday Loans are a better alternative.

Yes, credit cards are like an instant loan. The trouble is that they’re not a very effective loan if you fail to pay off your balance each month. You see, credit cards charge up to 30% APR. If you keep a residual balance on your card, this is what you’ll be charged in interest.

And, let’s face it, we’ve all been tempted by a nice jacket or skirt, not had the money in our accounts, and handed over our flexible friend instead. Why? Because it doesn’t seem like we’re spending real money, does it?

The same applies when you’re faced with an unexpected bill, perhaps for car repairs or the dentist’s.

But, the truth is, credit cards are a very poor alternative to payday loans for short-term use. A payday loan with epayday.co.uk is a great idea because you can only take out one at a time. This keeps your borrowing under control.

A payday loan or payday advance, is very short-term - another way it scores over the plastic. A payday loan, applied for quickly online, will give you your money in your account on the same day from receipt of your signed credit agreement and repayment cheques or at worst within 48 hours, provided you meet a few simple criteria.

Payday advance repayments

To get a payday loan, you’ll simply need to be 18 years old or more and hold a cheque card and chequebook. Repayments on your payday advance will be using this debit card, which is why you need to hold one. With epayday.co.uk, you can borrow between £80 and £500.

There are no background or credit checks to be made, but we will need to know that you’ll have enough money in your account when you get paid to pay your payday loan back. We’ll talk about this when you get in touch.

Remember, when you take out a payday advance online, you should always be clear in your mind as to how you will repay the debt.

Apply here for Payday Loans!

Payday Cash Advances

ePayday.co.uk provides payday cash advances for customer across Britain. It is a convenient payday loan services you can count on. If you require quick credit for emergency needs then what better way borrow money short term? You'll be delighted with our loan repayment terms, fast service, and great rates. Choose ePayday.co.uk for any payday cash advances you might need.