Payday loans hit the UK
April 28th, 2009 by
admin
There is this new phenomenon which until recently was associated with the United States, but now has started to become quite well-known in the United Kingdom. This is the Payday Loan – in other words a quick and easy to get cash loan with can often be delivered in 24 hours. These payday loans uk are not difficult to get hold of and usually do not involve a credit check. They are however very high interest loan, though only designed for 30 days or so (hence payday loans – they are to be paid at the next payday.) The APR is astronomical, though the loan is not designed to be taken for a year so this is a misleading statistic.
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