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How smart technology can help you save money on care homes

We are all living longer than ever before, (reflected in the rise of the age one receives a state pension in the UK, for example) as a result of a number of factors, including medical advances and overall lifestyle changes, such as better diets and more physical exercise. With people living longer, this means that there is much greater attention on life into the retirement years, and especially when it comes to living independently in our homes into our later years. Many of us would prefer to continue living at home rather than go into a care home or at least […]

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Digital alternatives to high street banks

More and more people across the UK are turning away from the traditional high street banks (for a number of reasons such as a lack of innovation, poor savings rates and customer service, for example) and decided to look at the different types of new payday loans and alternatives that are available on the market: digital banks. Digital banks have been particularly popular with younger people, who are used to frequently relying on apps and websites to buy products as opposed to relying on high street stores. Furthermore, these digital banks tend to offer a whole host of features that […]

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How to save money in the home

Everyone is looking for ways to save money here and there. No matter where you find yourself on your financial journey, you should keep it in mind that anyone has the ability to turn their financial situation around. A great place to slice the amount of money you spend is around the house since this will include your daily, weekly and monthly costs rather than individual big expenses. In this guide on Payday Bad Credit, we have compiled a list of simple things that you can do around the house to save yourself money. Wash Clothes at a Lower Temperature […]

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How to save money running your car

It is known all too well that owning and running a car can be a major expense. It would not be incorrect to say that in some people’s lives, running a car is one of the largest personal expenses they have. Whilst the expense of running a car is appreciated, there are obvious benefits to having a car and some people simply could not go about their daily life without one. Luckily, there are ways that you can save money on running a car and the expenses which are part of that. These methods should help improve your relationship with […]

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An overdraft or a loan?

If you are looking to obtain finance for whatever purpose, it can be hard to know which road to go down. Many people prefer the idea of an overdraft as it seems less of a commitment, but is this the case?  Well, as of recent, the Financial Conduct Authority (FCA) has vowed to crack down on the high-cost charges placed on overdrafts. These fees have been revealed to be seven times higher than the interest rates you will find with a payday loan. In this guide, we will run through the differences between an overdraft and taking out a payday […]

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Myths you have heard about loans

As with most types of short-term loans that exist on the market, there are a number of misconceptions about them, and this has definitely been the case when it comes to payday loans. Why is that? Unfortunately, due to the unfair lending practices of certain companies, it has lead to the increase of the proliferation of myths that payday loans are never a good thing, arguably giving it a bad name. However, these reasonably popular beliefs aren’t, in fact, all true, and there are a lot of benefits that come with using an instant cash loan if used correctly. In this guide, […]

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How to get a loan without being scammed

Getting a payday loan is an excellent way to receive an extra boost of cash if you are struggling with money unexpectedly, for example, due to an emergency expense that you haven’t budgeted, or you are short of money until you receive your next paycheck. However, when deciding to get a payday loan you should carefully consider the lender that you choose, as you do not want to end up becoming part of a scam. We take a look at the ways in which you can protect yourself. Follow our guide so that you can be savvy and avoid less than […]

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How to save money around the house

How to save money around the house More or less, we are always trying to find ways to save that little bit of extra money, for example, it may be for a luxury holiday, to pay off debts, or to get us one step closer to buying that dream home we’ve spent years thinking about. Whatever it is, there are simple ways you can cut down on costs, in fact, the very first place you can start doing so is simply by saving money around the house. Payday Bad Credit looks at the number of ways you can put some […]

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Self-employed vs sole trader – what is the difference?

Self-employed vs sole trader – what is the difference? Wondering what the exact difference is between being a sole trader and being self-employed? At times there can lack real clarity as to what the variation is between the two of them, and it can be especially unclear if you are new to the world of self-employment. Payday Bad Credit is going to explore the way in which they differ and the responsibilities each incurs. How do they differ? Being self-employed and being a sole trader differ because one refers to a legal status and the other doesn’t. Being self-employed simply […]

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What is a credit limit?

What is a credit limit? A credit limit is the maximum amount of money that you have been permitted to spend on your credit card.  A credit card works essentially like a type of loan which proves you the option to borrow a certain amount each month and then repay at the end of the month. A credit limit is, therefore, the barrier for how much money you are allowed to borrow. If we think of it like this: If Lucie has a credit card with a credit limit of £3000, if she has spent £2500, she has £500 to go […]

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