Payday Power offer new loan to tide you over until pay day
by Kay Murchie
The credit crunch has meant that mortgages, credit cards and loans are becoming harder to obtain and consumers‘ finances are being stretched to their limit.
As a result, Payday Power has launched an instant cash advance service that is easy to use and has been designed so people can receive cash to keep them going until their next wage packet.
The new service has been regulated by Government bodies and is completely safe and easy.
A growing number of consumers require instant cash advances in the wake of rising mortgage payments and an increase in fuel and food costs.
Unexpected costs such as a car repair bill or a washing machine that needs fixing can lead to consumers seriously struggling financially to cover mortgage and bill payments until their next pay packet arrives.
Payday Power’s service is completely online so there and a decision is made to your application instantly online.
Furthermore, it is a completely transparent service so that unlike many of its rivals, their payday loans come complete with advice on the risks involved in taking out a loan so that effectively these risks are minimised compared to their competitors.
However, as with all Payday loans, these are best reserved as a product of last resort, as Payday loan interest rates offered may not be competitive by comparison to high street rates.
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