The financial world offers a lot of lending opportunities and strategies for those that require instant money for their businesses, homes and emergency expenses.  While banks have been the traditional source of relief for all these financial needs, today, to borrow cash fast is the quicker resolution for many in these days of automation and digital technology.  Processing on line quick loans is the newest financial product that has caught the fancy of the working people who have considered instant coffee, instant noodles and quick melt cheese as the lifestyle to adopt to maximize the use of time. This loan is called the payday loan.

Bank Loans No Longer the Best Option

To borrow cash fast, borrower needs to consider the best option possible. Otherwise, the purpose for the loan will be defeated.  Today, direct lenders for payday loans in UK are readily available to extend loans for those with legitimate and active payroll accounts.  The payday loans are easy to process and do not require the complicated processing of voluminous files like the regular bank loans.  Instead, these online quick loans can be easily found on the Internet through the websites of accredited loan brokers who cater to those who need to borrow cash fast. They can always do it as soon as they reach the house from work and search the Internet for brokers who advertise for payday loans.  After filling out the required information, the brokers will be able to forward your loan requirement to the best lending companies or private lenders which they think will best meet the borrower’s requirements or needs.

Payday loan brokers can simplify the selection for you by forwarding your requirement to a number of direct lenders for payday loans.   All you need to do is go online, fill out the required information, and you will get your responses and options immediately, sooner than you think.  What is more important is the fact that brokers gives you a well-screened selection of lenders to choose from.

Fast Release, Easy Repayment Method

Direct lenders for payday loans make it a point to make processing and repayment an easy method.  This is basically due to the fact that payday loans are short-term loans not exceeding 31 days; and second, because it only involves up to £1,000.  Therefore, apart from credit standing, direct lenders for payday loans mostly require the presence of an active payroll banking account and nothing more.  Upon approval and verification, the loan amount is transferred directly to your payroll bank account and you may withdraw the amount immediately.

This borrow cash fast system also provides for an easy repayment plan through the use of a debit card within receipt of the loan amount in the bank account.  This is designed to make the next pay as the full payment of the loaned amount plus at least 25% interest.

In the event a problem arises during the time of the repayment, borrower may negotiate for an extension of the loan.  In most cases, the full interest rate will still have to be paid.  And the same amount of interest will still carry over in the next payment period.

This on line quick loan is so flexible and uncomplicated that it has become an instant favorite of many a stop-gap funds solution seekers.  You just simply have to be a legitimate UK citizen with an active employment or job, and a corresponding payroll bank account. Then, fill out the required details on line and they will give you a quick assessment of how much you can loan.  This is of course with the understanding that it is payable immediately on the next payday.

From the abacus to accountant, we’ve always felt the need to keep a close eye on our finances. With the advent of electronic payments, debit cards and soon-to-be implemented contact-less payment; never has it been more important to manage our finances. Smartphones have become cameras, diaries, personal organisers and now they’re becoming a one-stop shop for managing our finances. From bank transfers but budget forecasts, here are the three apps I consider essential to maintaining your fiscal foresight.

1) Mint
This is hailed across the spectrum of financiers as the best all in one app. Mint allows you to correlate and link all of your financial and banking accounts in one handy space, so you can see your entire net worth, debts and pending transactions. It shows you a real time impact engine that instantly shows you what your balance will be if you were to buy that skinny latte. There are few apps that can connect to your accounts directly and update your budget without any user input required. The crowning glory is the stunningly simple ‘Overview’ screen that shows your Credit, Debt, Flow, Investments and Adherence to a set budget; all on one screen. In the very nature of money saving, the Mint app is one of the few powerful finance apps that is completely free.

2) Expenditure
This impressive budgeting app is one of the few offering full customisation. The ability to add a photo or a note when adding a new transaction is, although simple, an effective way to categorise and recognise your outgoings. Another feature which Expenditure can boast over its competitors is the in-built currency convertor, making those holidaying transactions much less of a headache. Mistaking pounds for euros or vice versa can leave you worryingly out of pocket. Expenditure makes the list for its powerful and simple interface, making the chore of budgeting seem fun and intuitive.

3) Moneybook
Moneybook is both startlingly simple and satisfyingly complex. An easy to use interface means that those simply wanting to note their expenditure find it a breeze, but it has much deeper functions like data backup, customisable categories and password security. Like others, you can see an overview of your spending and saving so you can give yourself a treat or limit those take-aways. But you can also see your statistics from the prior month and compare the progress, noting whether your spending habits are being pegged back a notch. A great feature to encourage your growth as a monetary mastermind.

Many people now carry debt on their credit cards. Not everyone is able to pay off their credit card balance every month and as a result there are many individuals who have a substantial amount of outstanding debt on their credit card. Credit cards often have high interest rates and before the principal sum can be paid off, the interest has to be paid first. Some cardholders manage to lower the amount of interest on their credit cards by switching to a lower interest card. This is certainly a viable option, but many cards offer low introductory interest rates only to switch to much higher rates after a few months.

Consolidate debt with a loan

Services such as MoneySupermarket debt consolidation allow you to put all your debt under one account. Not only do consumers in today’s economy have a lot of credit card debt, but there are also student loans and car loans that have to be paid off.

These loans often carry varying degrees of interest and there is the need to monitor each account to make sure it is being paid on time. For many who owe money on various loans or accounts, it makes sense to take out a loan so that everything can be paid off and then only one loan payment has to be made.

Loans often have much lower interest rates than credit cards do. When you combine that with the ease of consolidating all your debts in one payment, it makes perfect sense to go this route. Personal loans have fixed monthly payments and competitive interest rates that are applied for the length of the loan term.

This means that you know exactly how much you have to pay every month and that your loan is charged interest according to market conditions. Credit card companies often charge high double digits in interest fees, while loans adhere to market conditions and therefore cost a lot less. Many credit cards also charge an annual fee that is another expense that you do not have to pay if you take out a loan to pay off your card.

No matter which part of the world you live in, if you get into debt through borrowing or racking up a credit card bill, you have to pay it back at some point. While it might seem difficult to do on your own, there is help out there. However, in the US, it can be difficult to know where to turn, while in other countries such as the UK, people who need help clearing debt can join a government debt scheme from payplan.com.

With the help of organisations such as Payplan, indebted UK citizens can declare bankruptcy, set up an IVA (Individual Voluntary Arrangement), settle any debts at a municipal court or even arrange their own repayment scheme with people or companies they owe money to. Although there are some services in the US available to help people cope with and eventually repay any debts they may have, they’re not as comprehensive as those in the UK.

Payplan is one of many schemes set up with the assistance of the British Government. What they do is help anyone who approaches them with monthly repayments, IVAs and Debt Management Plans (DMPs), not to mention other services including charging orders, debt advice, redundancy, clearing debts and even insolvency when someone’s company is forced to close.

The fact that the government in the UK has helped to create something like Payplan shows that, with an increasing number of US citizens having to pay off massive debts, the US government should offer a similar service. If they did, there’s a good chance that the number of people with mountains of personal debt will shrink almost overnight.

Nine No-Fail Money-Saving Tips for Car Owners

Owning a car comes with financial responsibility, but it doesn’t have to mean you must say goodbye to your budget or your savings. These nine practical money-saving tips can help car owners stick to their budget and save money even after buying a car.

1. Save for car repairs. Don’t let unexpected car repairs or maintenance catch you off guard. Designate some money every month specifically for car repairs. That way, if you do need to get your car fixed, you’ll have cash available.
2. Make a car payment — even if you don’t need to. Assume you have a car payment even if you don’t have one. This way, even if your car is paid off, you can save money for expensive emergencies, a future car payment, or a down payment for your next new car. No matter how you eventually spend the money, at the end of the year you’ll most likely have at least a few thousand dollars saved.
3. Refinance your car loan. Consider refinancing your auto loan to find the payment options that make sense for your situation. While your monthly payments may be a bit higher, the money you’ll save in interest will more than make up for it over the long run.
4. Pay off your loan faster. Whether you pay more than your required monthly payment or make extra payments, you’ll be saving a lot of money on interest.  However, be sure to check the terms of your loan to ensure there are no fees for paying it off early.
5. Pay your bill one month in advance. Should you ever run into a tight month financially, you’ll be happy that you decided to pay your bill early. This way, you avoid having to deal with fees for missed or late payments.
6. Lower your car insurance deductible. A lower deductible often means higher monthly payments, but this could be a good incentive to fix your car if it ever needs it. And that will increase the resale value of your vehicle should you ever want to sell it without paying a large out-of-pocket fee for repairs.
7. Protect the interior. If you use seat and floor protectors to decrease the wear and tear of your car’s interior, this will help increase your vehicle’s resale value when you go to sell. This inexpensive investment can garner high returns if done before kids make messes and muddy shoes ruin the floors of your car.
8. Pay your car insurance all at once. Instead of paying monthly, consider making a bi-annual insurance payment. This will save money on monthly installment and processing fees and can often be cheaper than paying each month.
9. Shop around for competitive rates. Not all car insurance companies are created equal, so always do your research and request a few different car insurance quotes before making your final decision. You’re more likely to find the attractive rate you want and the flexible features you need, which will save you money.

These are just some of the many practical ways to save money despite the added financial responsibility of owning a car. Even after you buy a car, you can save money on more than just your car loan with these nine no-fail money-saving tips.