Last Updated:
October 18, 2018

Click here to submit your article
Instalment Loans For Bad Credit
Per Page :

Instalment Loans vs Payday Loans

According to web definition an instalment loan is a loan that is repaid over an agreed period time via a set number of scheduled payments or instalments (normally at least two). The actual term of loan may be as little as a couple of months or as long as 30 years. That means that most “traditional” loans fall into the category of instalment loans –doorstep loans, personal loans, even mortgages are included. What it excludes are loans that are paid off in a single payment or open ended credit such as credit cards or overdrafts. These days though, the term Keep Reading >>>
0 Views : 11

Monthly Payday Loans – Instalment Loans In Disguise?

These days it seems like there are more and more different types of loans and lending options all dressed up in fancy packaging and with names to match … none more so that monthly payday loans or 12 month payday loans. The thought of spreading the cost of a payday loan into monthly instalments is surely almost a contradiction in terms so just what are monthly payday loans – surely they are just instalment loans in disguise? First of all let’s decipher exactly what a standard payday loan actually is. Quite simply a payday loan is like an advance on Keep Reading >>>
0 Views : 13

Instalment Loans To Avoid The Payday Loans Trap

Whilst instalment loans may often appear a more expensive way of borrowing when compared to payday loans they could help avoid the payday loan trap that so many borrowers fall into and hence could actually save on the cost of borrowing for a great many people. A traditional payday loan is designed to bridge the gap until the next payday, it’s specifically designed for those months when an unexpected cash flow problem hits for whatever reasons such as car maintenance, unexpected travel costs, heating repairs etc. Borrow a small sum of money, pay it back on payday and that’s it! Keep Reading >>>
0 Views : 14

Instalment Loans

Instalment loans can provide the same fast cash bad credit loans UK solution as a short term payday type loan. However, instead of having to repay the loan in full on the next payday, it allows the borrower to spread the repayments over an agreed period of time … sometimes a few months and up to a year. Whilst instalment loans may often appear a more expensive way of borrowing when compared to payday loans, they could help avoid the payday loan trap that so many borrowers fall into. As a result they could actually save on the cost of Keep Reading >>>
0 Views : 23

All articles and content on this site are intended as general information only. They are in no way a recommendation to act. Always seek independent financial advice before entering into any financial transaction.

MoneyUnmuddled.co.uk is not regulated by the Financial Services Authority.

MoneyUnmuddled.co.uk will not be held responsible for action taken by any reader of the articles published on this site.

Information provided on or through this website in NOT and will NEVER be intended as any form of financial advice whatsoever.