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Phone Tapping Saga Continues, But Do We Care?

July 20th, 2011

The phone tapping saga continues with Parliament being steeped in debate about our Prime Ministers involvement in the sordid relationship with Andy Coulson. Whilst this has upset many people in the UK, it really does not affect the day to day lives of ordinary British people – indeed, research has indicated that public interest in the BSkyB ‘relationship’ with David Cameron is fading fast. It is a valid point, that people are more concerned with their finances, given the current credit crunch. Trying to get through to the end of the month on tight budgets without having dependency on a payday advance  is crucial for the average British resident.

So, go ahead David Cameron and apologise for your relationship with Andy Coulson and move on for more pertinent challenges facing the country right now. How many politicians can truly say they have not had some kind of involvement with corporations that perhaps they shouldn’t have?

Payday Loans ,

Open Golf Brings the Clouds.

July 16th, 2011

It may be true that you may need a small loan from UK Payday Loans to afford the entry fee into Sandwich this weekend, but the winners will certainly not need a loan with the prize money now standing at over one million pounds. The weather will not dampen the golfers as they battle to win the main prize in one of golf’s most lucrative events. Most of the top golfers now have many people around them to help with financial decisions needed to be made and this certainly helps the younger generation of golfers coming through the ranks.

Making sound financial judgements is essential for the superstars gracing the shores of Sandwich, Kent. With investment returns on standard savings accounts there is little return on the money invested, but the top golfers need not worry – one leading professional has averaged $100 000 per tournament since turning pro racking up a hefty financial return, all for swinging a golf club. Now that the clouds are clearing and the weather is looking up for the afternoons golfers in the Open those who have missed the cut need not worry. Many have many millions of pounds tucked away for the day they retire (or join the senior tour).

Business and Management, Payday Loans

Payday Loans Legislation

July 15th, 2011

Recent payday loans legislation has been condemned by some red tops in the UK. This is the first stage of what will eventually become more rigidly controlled and regulated industry. Here at UK Payday Loans we have no objection to new legislation coming to the fore if it means the industry lending practices are regulated and governed accordingly.

Some comments within their article illustrate both sides of the payday loan debate – so called outrageous annual percentage rate charges vs a lack of an alternative. We would have to agree that whilst the APR of most payday type loans are high, this is calculated annually and therefore does not reflect the actual sum of money needing to be repaid at the end of the month, when a typical loan will need to be paid back.

The APR will run into 4 figures if a loan is paid back over a year and this is never what this kind of loan is used for. The debate will continue to run on and on, but it is important to recognise that payday loans to help people in the short term when they need funding quickly.

Payday Loans

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