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Apart from an overdraft and credit card, a payday loan is the only other form of finance that can be borrowed at such a small amount and can help prevent UK customers from taking out larger loans to cover small costs.
No matter how hard you try to budget, it can be difficult to keep up with day to day expenses, especially when unexpected costs arise and at Lucky Loans, our payday loans are designed to suit your short term needs. If you have missed payments in the past or have a damaged credit file, or lack of credit history, some mainstream payday lenders may not lend to you. If you have exhausted other avenues, then a payday or short term loan may the best option for you.
Personal Loans. Personal loans are a type of finance that are specifically suited to help pay for larger cost items such as a holiday or a larger expense. Due to the higher value of the loan, they are different to payday loans in the way that these types of loans will usually be repaid over a 1-5 year basis to help ease the monthly repayments.
What happens if youve set a date for your wedding, planned to save but the axis bank personal loan e statement its getting, you realise you are just not going to be able to afford it.
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