Get the best deal for short-term borrowing

Check your account regularly and make sure you know when direct payments will be made from your account.

If you’re about to exceed your overdraft or you don’t have enough to cover direct debits, speak to your bank right away.

If your bank won’t help you, you will need to get some money into your account to cover the excess.

Borrowing £80 from a payday loan company for a month and repaying £100 is less expensive than going into an unauthorised overdraft. Use a payday loan to bridge the money gap until your pay clears.

Remember, Payday loans provide fast cash to cover weeks not years, they have not been designed for long-term credit.

A fast loan with no strings attached

Quicker and less complicated than applying for a bank loan or overdraft extension, more and more people find that payday loans are fast and convenient.

You apply online, don’t need to give a reason for the loan and the money can usually be in your bank by the end of the day.

If you are over 18 years of age, live in the UK, have a regular paycheque or salary and a bank account that your salary is paid into then you will qualify for a fast payday loan you must.

Payday loans provide a valuable service

According to a report from the Office of Fair Trading, payday loan companies provide millions of people with access to credit at a time when banks are offering their services to fewer people.

Apply for a fast loan now - It takes a couple of minutes and the money could be in your account within hours.

Also in this section

• Avoid Overdraft Fees and Bank Charges

• Managing your Direct Debits

• Move Accounts for a Better Deal