Speedeloans staff are on countdown for the 31st May when they will be going to see the legendary rock band Guns n Roses performing at the O2.

The employees of the short term payday loan company are preparing themselves for an epic night of classic rock anthems such as Sweet Child O’ Mine, Welcome to the Jungle and Paradise City.

The US Rock Band will start their jaunt in Nottingham on May 19th. They will then play dates in Liverpool, Newcastle, Glasgow, Birmingham and Manchester, before finishing at London O2 arena.

Guns n Roses is made up of singer Axl Rose, Keyboardists Dizzy Reed and Chris Pitman, bassist Tommy Stinson, rhythm guitarist Richard Fortus, drummer Frank Ferrer plus lead guitarists Ron “Bumblefoot” Thal and DJ Ashba.

Former members include Slash, Steven Adler, Izzy Stradlin, Duff McKagan and Matt Sorum.

The rock band last performed together in the UK in 2010, the band are currently said to be working on new material.

Everyone is really looking forward to it and no doubt it will be a night for us all to remember.

To find out more about the Guns n Roses tour or the band themselves, click on the link below:
http://www.gunsnroses.com

With the weather not being the greatest leading up to the marathon weekend, Sunday 22nd April looked set to be a washout. Starting at Blackheath on a blustery Sunday, Gareth Power of speedeloans, a payday loan provider, was 1 of 37,000 runners taking part in the Virgin London Marathon.

This was Gareth’s first marathon attempt and in taking part he was acheiving a lifetime ambition and at the same time raising money for charity. Gareths chosen charity was Home-Start.

Home-Start supports almost 77,000 vulnerable children across the UK. Last year 17,000 volunteers gave a million hours of support to their families. They help them cope with post-natal illness, isolation, bereavement, disability, domestic violence and much more.

Gareth’s determination to do well paid off, and with the finish line at Buckingham Palace, Gareth completed the Marathon in 4 hours 28 minutes 58 seconds. With the help of payday lender speedeloans and other sponsorship Gareth raised a total of £1500 for Home-Start.

Well done Gareth on a speedy result for a speedeloan employee.

If you would like to add to the fantastic money that Gareth raised, then please click on the link below:
http://www.home-start.org.uk/news/news_stories/homestart_thanks_its_runner_for_2012_london_marathon

If you find that springtime is bringing with it yet more demands on your available finances, you may find yourself in need of the cash loan advance:

• they may be available for sums typically in the range of £250-£500 and you may be able to complete a simple online application without needing to become involved in any paperwork;

• assuming that your payday loan application is approved, the money might pop up in your bank account within just a working hour or two of your application;

• potential providers of fast loans may not make any inquiries as to your reason for needing the money, so you will be able to spend it on anything you so choose;

• on a date that you will have agreed with the lender, you will typically repay the amount you have borrowed, together with the provider’s previously agreed charges, in a single repayment (your next or possibly next but one payday will typically be the target date set by the provider);

• you may be pleasantly surprised to see relatively little interest in your credit history during your application, the providers may perform a low-level check but in view of the smaller sums involved, they may be comparatively relaxed about certain forms of credit history problems;

• the requirements of payday loan providers in terms of what you will need may vary but typically they may expect to see that applicants have a permanent job which results in a regular and predictable income – it may be difficult to find this sort of advance if you are unemployed or self-employed in the sense that your income is highly unpredictable;

• having agreed a repayment date, it may be possible to rearrange it if your circumstances so demand but you may wish to keep in mind that this may involve you in various additional charges;

• payday loans  providers may wish to see that you are applying for an amount of money, through a cash loan advance, that appears to be sensible in terms of your income and your ability to be able to repay it in one go from your next payday.

Fast loans online may be available for sums up to £500 on average and the money potentially might be in your bank account within as little as 60 minutes of your first application.  Here are some thoughts about your application and the way these products work:

• in order to be successful in your application, you will typically need to be in permanent employment that results in a regular income for you each month;

• given that you will typically repay the amount you have borrowed, together with the lender’s charges, in one go when you next get paid, the lenders may need to see that the amount you are trying to borrow makes sense when viewed against your income;

• for reasons of both speed and ease of use, some providers may send the money directly to your bank account and on the agreed repayment date, recover the total amount due by placing a charge on your bank debit card – this obviously suggests that when applying, you may need a UK bank account and associated card;

• some payday loan lenders may be able to be a little more flexible on how long you may have the loan for, however, it might be advisable to keep in mind that interest will typically be payable by the day and that these products are not normally regarded as having been designed for longer-term borrowing requirements;

• UK payday loans are subject to various laws and regulations designed to protect the consumer and that is why you may also find that they are only available to those who are 18 years of age or more;

• typically you will not need to provide an explanation as to why you need the money, so at this time of year, for example, you may be able to use it for things such as of spring weekend break away or simply refreshing your property for the year ahead;

• it is typically important to meet your agreed repayment date for fast loans online because if you do not, although the lender may be perfectly willing to reschedule the repayment date, it may involve you in additional charges.

Here are some facts relating to loans for payday that may help you understand this innovative product and its potential uses.

You may be able to obtain money quickly

If you need a fast cash advance in order to deal with a cash-flow problem or a sudden opportunity, then loans for payday may be your solution.

It may take only a few minutes to complete a straightforward online application and if it is approved, some lenders may be able to send the money immediately to your bank.

It might be available to you within just 60 minutes of your application being approved (assuming your own bank’s systems are capable of accepting fast answers).

Your credit history record might not be an issue

The amounts of money that may be available through this type of product are relatively small by the standards of some other forms of borrowing – perhaps figures under £500.

This means that some providers may be relatively relaxed about certain types of issue on your credit history files and they may not even perform an in-depth credit history check.

Your debt is typically quickly cleared off

These products are designed for shorter-term borrowing and you may find that the provider will require repayment in full, together with their fees and charges, sometime around your next payday.

That is why these are sometimes known as speedeloans.

You have unlimited flexibility

The providers of cash advances for payday may typically not express any particular interest in why you need the money.

That means that you will not have to mess about with copy invoices or quotations and you may be free to spend the money on anything you wish.

Easy repayment may be available

As some people do not enjoy needing to remember to write cheques and send them through the post before a certain date, some providers may be able to help by being able to recover the whole agreed sum via a direct transaction to your bank debit card.

Of course, it will be important that you remember to leave sufficient funds in your bank account to cover the charge when it arrives, as agreed.

Remember that if the lender is unable to recover the agreed amount on the day specified, you may incur additional charges from them and possibly also your own bank.

Repeat cash advances may be possible

Once you have successfully repaid any loans for payday you have taken out, you may typically be free to apply for another advance as and when you need it.

As we enter spring you may be thinking about doing a few jobs around the home but also where you will find the money.  You may be able to consider pay day loans – costs may be lower than you think:

• the basic principles of these forms of cash advance (sometimes called speed-e-loans) are very simple – you may be able to borrow a relatively modest but nevertheless useful sum of money and then simply repay it together with all associated charges, in one go, when you next get paid;

• one of the most attractive things about this type of borrowing is that the lenders may be able to move very quickly in response to your requirements – some may be able to get the money directly into your bank account within as little as sixty minutes of your initial application;

• with pay day loans, costs may vary considerably between providers and it might be sensible to look carefully at a number of individual tariffs before you make your final decision as to the one that is suitable for you;

• the way that individual lenders break down their charges might also vary – a daily interest rate may be relatively common but beyond that you may see some variation including those that have membership fees, transaction charges or bank transfer charges, so it may be necessary to do a little simple arithmetic in order to be able to closely compare one against another;

• this form of borrowing is typically designed for people who have a relatively short-term need for a modest cash injection and they may not be regarded as an ideal solution if you need to borrow money over longer time periods;

• pay day cash advances are what is termed unsecured (or personal) borrowing – that means that typically you will not need to guarantee your request for funds with any form of asset or security;

• while these products may be extremely useful for some of the purposes mentioned at the outset, it may be advisable to think twice about any form of borrowing if you find that you need to borrow regularly, simply in order to meet your normal monthly expense outgoings, as they typically exceed your income – in such situations, you may benefit from alternative solutions and possibly advice;

• in the case of pay day loans, costs may be more than outweighed by the benefits and flexibility provided, however, you may need to do your sums carefully in order to satisfy yourself that this is actually the case.

Quick paydayloans may be able to get money into your bank account – fast.

The basic principle is simple and it revolves around the idea that a quick online application results in a very fast decision and if your application is approved, the money may be sent directly to your bank account and arrive within less than an hour.

You then simply repay it, in one go together with the provider’s fees and charges, sometime around the date of your next payday.

Yet you may have some additional questions relating to the speed of operation.

Can I be sure to get the money, if approved, within one hour?

No.

Not all providers may offer the service.  Those that do may be able to complete their side very quickly indeed but how quickly the money gets into your bank account may depend upon your own bank’s systems.

Weekends and bank holidays may also affect the picture.

Typically though, you may find quick payday loans to be very fast.

What happens if I do not have a bank account?

You may need to discuss this with individual providers.  Some may only operate on an online / electronic basis and therefore might not be able to offer you alternatives.

If you are unable to accept money sent to your bank electronically, then you may find it difficult to get money very fast.

Why do I need to repay the money quickly?

This product has been structured and priced based on the assumption that you need fast access to modest sums of money for limited time periods and potential lenders will have based their calculations and sales proposition around the idea that they will get repaid in the very near future.

Some may be willing to lend for slightly longer periods and but it should be remembered that what are sometimes called speedyloans are not designed for borrowing over extended periods of time.

How is the repayment date set?

Typically, you will agree this with the provider at the time you apply for the funds.

Although they may be able to be flexible on this, they will be looking at a date sometime around your next or possibly next-but-one payday.

Some providers may require that the repayment be made through a direct charge to your bank debit card.

What happens if I cannot meet the agreed repayment date?

As a responsible individual, this is something you will presumably recognise in advance of the date.

It may be advisable to contact the lender immediately and they may well be perfectly willing to agree a revised date for repayment.

Note that this may involve you in some additional administration and possibly interest charges.

It is never advisable to knowingly allow a scheduled charge or direct debit to your bank account to fail because you have insufficient funds.  This may appear to be irresponsible behaviour to a provider of quick payday loans and may involve you in yet further charges from them plus possibly your own bank.

In a number of different ways, fast cash loans are a very significantly different product to some other forms of borrowing.

Speedy loans

The fast cash or payday advance was developed specifically in order to help people who have a sudden and unexpected cash flow crisis in the weeks before their payday.

That may be due to an unexpected bill or unequally unexpected but presumably welcome, opportunity.

They typically provide the possibility to apply to borrow relatively small sums, perhaps up to as much as £500 on average, until you next get paid.  When you do, you repay the sum borrowed, plus the lender’s agreed charges, all in one single repayment.

What makes that different?

Conventional lending may typically be geared up towards providing funds for larger purposes.  Classic examples might include car purchases, hire purchase furniture or funding major developments around the home such as erecting a conservatory.

Not only are the sums involved in this type of lending typically higher but also in order to make the repayment manageable, they are typically spread over some years.

Due to the larger sums and longer durations involved in some conventional lending, it may be relatively commonplace for potential lenders to require in-depth credit history reports, detailed applications in writing and they may also take some time to reach their decisions.

As they are facing higher risk, they may also require that the loan be secured against one of your assets, such as your home.

By contrast, payday cash advances may be available on an entirely paper-free basis and you may receive a response your application online almost immediately.

As they are facing lower risk, the providers of these cash advances may be far less concerned about in-depth credit history reports or exemplary credit histories.

Their lending is also typically on an unsecured basis.

Two different markets

If you were looking to purchase a car or undertake major building work then online fast cash advances may not be a suitable product for your needs.

By contrast, cash loans may be far more suitable if you simply need an urgent amount of money to get you through until you next get paid.

If you have any springtime projects that require a quick cash injection to get started, you may be thinking about where you can find the cheapest payday loan lenders:

• this may not be as easy a question to answer as it may appear at first glance – remember that what may seem to be cheap to someone else might not, in the final analysis, work out to be cheap for you, so simply looking at the ticket price might not give you an entirely satisfactory answer;

• for example, the basic idea behind payday loans is that you borrow a relatively small sum of money, get hold of it very quickly and then repay it (including the lender’s charges) in one go when you next get paid – but some providers may be able to move much faster than others and that may influence your views as to which of them is truly the cheapest for you if you need the money quickly;

• it may also be necessary to look carefully at the totality of a potential lender’s charges, as some may have far more complicated tariffs (including things such as bank transfer charges and initial arrangement fees etc) than others and this may not always be apparent in headline advertisements;

• fast cash advances of this nature may prove to be almost invaluable if you have a sudden cash-flow crisis in advance of your next payday, however, it may be worth taking the time and trouble to look at several options to get a feel for the marketplace before committing yourself to an individual lender;

• irrespective of the provider you choose, even if you consider them to be the cheapest payday loan lenders, you should remember that payday cash advances are designed on the basis of simplicity and what might be termed a one-off arrangement process with the lender in the sense that it is not subject to change or amendment – so if you wish to keep your costs down, it may be advisable to avoid trying to change or reschedule the repayment date once you have agreed it.

How much does an online payday loan cost may be a frequently asked question.

It may be frequently asked because of the popularity of this relatively new form of lending product, which involves borrowing a small sum of money (typically under £500) for a short period of time then repaying it in one go when you next get paid – including interest due and the lender’s charges.

Components of cost

A typical cash advance of this type may have its costs broadly described as falling under three categories:

• the interest payable on the capital sum borrowed (this is typically calculated on a daily basis meaning that the longer you have the loan for the more it is likely to cost);

• additional administration and transaction fees (these may vary widely between lenders and may involve things such as initial arrangement fees or bank transfer charges etc);

• additional charges, which may or may not be incurred – these may typically only apply in situations where you request a change to an existing agreement once it has been put into place.

Evaluation of options

It may be necessary to look closely at both of the first two areas in order to ascertain just what the likely payday loan costs will be. You may actually find that these costs are prominently displayed during the applications process.

However, it may also be important to try to keep the costs in perspective against the facilities provided

For example, some providers may be able to operate entirely online and without any use of paperwork or faxes etc.  They may also be able to send the money, if approved, directly to your bank account where it may arrive within the little as an hour or so.

If you need money urgently in order to deal with a sudden cash flow crisis then you may be willing to pay a little extra for these types of facility if it means that you can deal with your problem or opportunity quickly.

The third category of cost component may be one that you have no exposure to but it is important to remember that the speed and ease of payday advances is based upon the fact that the arrangements are simple and made only once.

If you change them, such as to amend the repayment date, it may increase your online payday loan cost due to the fact you may incur additional charges.