We believe financial support goes beyond the loan itself. This blog exists to help you make better, more informed decisions about borrowing – whatever your situation.
If you decide to take out a payday loan, then it is important to keep in mind there will be a variety of checks carried out in order to determine eligibility. After you have completed an application form with Badger Loans, we conduct hundreds of small checks so that we
So, What is the Cost of Payday Loans? If you take out a payday loan, the cost of it will be capped at 0.8% per day (this is the equivalent of £24 for every £100 borrowed). This price cap is in line with regulations introduced by the FCA in January
This kind of short-term loan can be an excellent way to get access to cash quickly and in an efficient manner, enabling you to get money into your account to help with a financial emergency in a minimal amount of time. However, given that a payday loan could last up
No, if you have agreed to become a person’s guarantor for a loan , when you cannot suddenly stop being a guarantor once the full loan amount has been paid out. We understand that the duration of a guarantor loan can last for a long period of time (such as
Having a good person to be the guarantor of your loan is essential to maximise your chances of approval. A strong guarantor is important to the lender because it offers confidence that the loan will be repaid and reduces the risk of default. This can even be the case if
What are the Responsibilities of a Guarantor? The main responsibility of the guarantor is this. If the main borrower defaults on their loan the guarantor will be required to step in and repay on their behalf. This is confirmed in the original pre-loan agreement signed by both parties. Meaning that
Here’s why we believe a broker is best When you type the words ‘bad credit loans uk’ or ‘payday loans’ into your preferred search engine the sheer volume of matches can be somewhat daunting. One of the first things people do is try to sort out the brokers from the
In The Beginning… As British as roast beef and Yorkshire pudding or a Chicken Tikka Masala on a Friday night, The Citizens Advice Service (formerly Bureau) has been with us since the dawn of the Second World War. Like The Samaritans or eggs and bacon, if you’re British you know
This post deals predominantly with the UK loan framework but some things are universal………. When life gets tough and things aren’t going our way the last thing we need when trying to arrange a loan is someone trying to steal what little money we may have left. Unfortunately there is
This really is a case of prevention being the best remedy. By the time you realise that having a good credit score might be a wise course of action, it may already be too late. But don’t worry, we will show you how to improve your credit score. Then you
