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Our opinion: Borrow only from a direct lender. Not a broker. Guaranteed payday loan is a term that usually implies that you would need a guarantor to secure your payday UK loan. Cashfloat is an unsecured loan direct lender. We have high acceptance rates and we get you an instant decision without a guarantor.
As an FCA authorised lender, we cannot guarantee to approve your loan.
About 13 of separated and divorced adults have taken out a payday loan in the last five years. Payday lenders often market their products as short-term fixes for emergency needs, such as car repairs or medical bills. But according to the Pew survey, most users dont use them that way.
Nearly 70 of first-time borrowers say they took out their loans to help pay for basic needs, such as rent, food, utilities, or credit card bills. Only 16 say they borrowed the money for an unplanned, one-time expense. When Pew asked people what they would do if icici personal loan age limit couldnt use payday loans, they gave a variety of answers. More than 80 said they would cut back on basic expenses, such as food and clothing. More than half also said they would pawn something or borrow from friends and family.
However, most users did not say they would use credit cards or take out bank loans possibly because many dont have good enough credit to qualify.
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