I know the feeling only too well. Most of us do in these times of financial uncertainty. I’m talking about that sinking feeling when you just know in your heart that you simply don’t have enough money to cope with all the outgoings this month. Most of the time you can scrape by but when something hits you out of left field, something you wasn’t anticipating then how on earth can you find the money to cover it and still pay for the basics like food and lodging? Is an instant decision loan the answer?
Only last month, I was doing quite well. It looked like I’d be able to get through another month without resorting to going without food and might even be able to buy myself a new pair of shoes to replace the ones I was currently wearing which had a discreet, but embarrassing hole in the sole. And then my boiler stopped working. I made a few phone calls and the average quote was for around $300 for a repair. I had no hot water to clean myself and no heating. Fortunately my cooker is electric so I could still cook the food that I wasn’t going to be able to afford anyway.
Your situation might not be as drastic as mine was, or perhaps it is even worse, but the point is that your mind probably turned to the same idea of a solution as mine did. An instant payday loan.
We’ve all seen and heard the commercials right? What a fantastic way to get yourself out of a tight spot! But if you’re anything like me, you also heard a few alarm bells ringing in the back of your mind somewhere. And so, before jumping in to the nearest loan shark infested waters I took the time to do some research. I spent a whole day lurking on financial forums and discussion groups and eventually plucked up the courage to ask a few knowledgeable people about instant loans and what to look out for. Here are some of the words of wisdom I received from these financial ‘wise old men’…