#9491 2024-05-08 04:41:13

Gita771925
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#9492 2024-05-08 04:44:12

CorineEstr
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New research suggests that 'Credit Card Crunch Day' - the day people turn to credit cards when their cash starts to run out - arrives on average 21 days after payday in British households.

Research by price comparison site Moneysupermarket.com, found a quarter of us - around 11 million people - rely on credit cards when their current accounts run dry. While 21 days is the average period most people go before reaching for the plastic, 9% are spending on credit cards less than 15 days after they've been paid. 35% of people are using credit cards monthly for everyday items like petrol, and food, but a further 32% put more expensive items like holidays on their cards.

It's easy to see why people are using credit cards to help get to payday. Wages are not going up but everything else is. Food, petrol and large rises in household bills all add up, straining household finances. But what if you don't have a credit card option?

Nearly everyone has a need for credit at some point. Some people just need money quickly to cover unexpected bills, while some want an innovative and hassle free loan option to suit their needs.

Due to the current financial situation and a mix of personal circumstances an increasing amount of people are now finding it difficult to find any type of credit using traditional lenders. Just like the majority of people they also need access to cash to get to the end of the month. That's why a number of companies have developed payday Loans.

The advantages of a payday loan are that they are easy to apply for, quickly approved and the funds can be in your bank account on the day you apply with little fuss. They can be a valid alternative to paying for bills by credit card or incurring overdraft charges. Even people with a less than perfect credit record can apply for a payday loan.

A growing number of eligible UK residents are taking advantage of these loans. A loan that you are obligated to pay off on your next payday. Tony, a self employed carpenter from Northampton said: "I work in the building industry and my wages have been up and down over the past few years. At points I've been left short and haven't been able to pay some bills. As a result my credit score isn't great. The last time I needed some extra money was when my van needed some essential maintenance and I was still able to secure a payday loan. A life-saver, as I need my van for work".

Payday loans are now used by tens of thousands of people in the UK each week who face short-term cash flow problems like Tony's.



In summary, a payday loan is meant to fulfil a short term need for money. To pay for car repairs or unexpected travelling expenses for example. A payday loan is easy to apply for online, quickly approved and the funds can be in your account on the same day. Most payday lenders don't ask why you need the money, so there are no embarrassing questions. Even people with a less than perfect credit record can apply for a payday loan as they often do not require a credit assessment and are paid back by direct debit on your next payday.

Credit cards and payday loans can be a good short-term way to pay your daily expenses, but you need to make sure you're not slipping into debt you can't afford. It's worth shopping around for better credit card interest rates to keep your repayments as low as possible.

For more information visit: website Strapped Families Are Relying on Credit Cards When Bank Accounts Are Empty.

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#9493 2024-05-08 04:46:35

Gita771925
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#9494 2024-05-08 04:46:53

BerndPresc
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#9495 2024-05-08 04:47:58

ElveraBute
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#9496 2024-05-08 04:50:48

MarcelQsj9
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#9497 2024-05-08 04:52:44

HarryTran5
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#9498 2024-05-08 04:56:22

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#9499 2024-05-08 05:36:29

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#9500 2024-05-08 05:37:39

AlisonStro
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Wayne Carey helped open a new strip club in Geelong, with the footy great reportedly pocketing a five-figure payday to do so.

Carey, 52, was the main attraction in a meet and greet on Saturday night at the After Dark Gentleman's Club, a local strip joint in Geelong, with the venue promoting his visit on their Instagram page.

'Come join him for some free champagne with our ladies,' the social media post said.



Carey denied claims he has been paid but News Corp reports he is in line for a hefty payday for the appearance.

He also insisted that strip clubs 'can be quite classy'.

'I like Geelong, I think it's a thriving little place,' Carey said on his podcast The Truth Hurts.




Wayne Carey helped launch a new strip club in Geelong





Carey insisted strip clubs 'can be quite classy' after heading to Geelong on Saturday

'Strip joints are a part of a lot of towns, they employ a lot of people.

'It's come across my desk it's been renovated and the opening is this Saturday night and I'm going to have to go have a look. Give a little bit back to the community. I'm going to poke my head in for about seven hours.'

Carey is not the first footy star to involve himself in the strip club business.

Former footy great Warwick Capper became co-owner of Westminster Secrets, a brothel based near his childhood home in Oakleigh. 

'I grew up here. House is only a kilometer away. It sort of feels like home,' he exclusively told Daily Mail Australia

'I played football about half a kilometre away. Oakleigh Youth Club. Just thought it would be a good fit.'. 


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