Investments & Loans

Recently one of our sponsors Payday Loans ABC asked me to write a review of their site. Always keen to have a look at other people’s blogs and read their stuff, I headed over there to check it out.

What is Payday Loans ABC?

Payday Loans say their site is “all about comfort and convenience”. They post regular Finance related news, mostly about loans. And offer online approval for short-term cash advances.

Everyone gets caught short sometimes

Obviously, I would never recommend you or anyone use a service like Payday Loans. They are fraught with danger and always come with HUGE interest rates bills and penalties.

BUT..

Everyone gets caught short in an emergency from time to time. The washing machine breaks. The cat gets hit by a bus. Whatever. Sometimes, we have used our emergency fund, and not topped it back up again. And we are caught short.

Short Term Cash Advance

In this situation, first off, I would suggest putting the bill on your credit card, borrowing from family or from a friend. But, if this is not an option for you then perhaps you might have to consider a service like this.

Advantages of Payday Loans ABC

1. Online - because it is an online service your privacy is protected and it is discreet.

2. Good reputation - ABC has a good reputation in the market place. And you can rely on them not to abuse your personal information (selling it for example to online and telephone marketing companies)

3. Good Customer service - ABC also has a reputation for excellent customer service. Which goes along way in any service. But, especially financial services.

Final Word to the Wise

Pay. On. Time.

If you are going to utilize this kind of payday loan/ cash advance service (or any credit facility at all - cards, over drafts) make sure you pay your commitment on time.

Do not make CREDIT the party and DEBT the hangover.

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