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Archive for April, 2010

Payday loans offer decent customer service and challenge the poor service that Banks offer.
Payday loans are more convenient and hassle free than banks, according to the Financial service Authority in the UK. The FSA did a research about complaints banking groups receive from regular customers.
The research results show that more than 70 percent of the complaints go to the Financial Ombudsman Office. Many banks do not learn from mistakes, resulting in poor handling of customer services and complaints. The banks appear to have low standards when handling complaints.
The FSA has decided to act after finding that 5 major banks in the UK are poorly handling customer complaints. Lack of senior managers involved in the process and no incentive to treat customers fairly is a big part of the problem banks have. On the other hand, payday loans are becoming more popular in 2010, with high service of customer service and online support. For example, Payday bank has a Face book chat-room for all those interested in sorting out money problems. Short term financial solutions are dealt with daily, quickly and conveniently. The online service is highly professional and credible when it comes to the leading Payday bank broker handling of customer needs. The Payday bank website is designed to simplify getting a quick money loan directly to your account. The application is fax free, no credit check, details of the borrower are kept private and getting the loan is fairly simple via Payday bank website. Learn more about Payday loans to see which one can fit your personal money needs.

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Payday bank UK offer high quality service in comparison with banks and building societies, according to latest research. Research done by Money supermarket.com shows that both banks and building societies are the worst service providers in British Industry. Estate agents and energy suppliers are on the bottom of the list of worst service providers. Banks and building societies are right above Estate agents poor service. On top of the British service list are the hotels and hairdressers.
According to the Money Supermarket bank manager, Kevin Mount-ford, the reality is disappointing. Mount-ford stated that in spite of Banks and Building Societies tough situation, due to the financial crisis of 2008, it is a shame to see them on the bottom of the list. Poor service is what British People get from these financial organizations. The British economy is no excuse for it.
In comparison, online payday loans have many satisfied customers, benefiting from short term financial solutions accessible from any computer with Internet connection. Britons who need to borrow a loan of up to 750 pounds can do so by applying for one at any payday website of their choice. Best to do some research about the type of online payday loan to fit your personal finances, before making a decision. Personally I found paydaybank.co.uk a remarkable websites filled with useful and important information. If you are looking to sort out personal or family finances, learn how you can reduce financial stress while using payday loans to get some money into your account.
It is hassle free and very simple to apply online, no credit check or fax needed. Learn more about it by searching on google for

payday loans

, to see how they can help you sort out your finances.

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Payday loans are a very competitive type of loans.
The reason for this, according to latest research in Britain by money supermarket dot com, is not surprising. More people turn nowadays to short term financial solutions. In fact, if you need to apply for a convenient and small payday loan, it will cost you far less than other small money loans. If your loan is under 4500 pounds, the small loan options in 2010 costs 130% more than in 2006, according to money supermarket company research. This is a major reason to payday loans being a competitive market. We all know that competition is good for the consumers, since it lowers prices when applying for the loan of your choice. As banks tend to refuse any unsecured loans, Britons need to get the payday loans to sort out personal finance. Finding a personal loan from your bank is harder to do since the latest recession. The solution to your financial emergencies is on the web. For instance, if you went on holiday in Easter, than payday loans will help cover any unexpected bills or spending on your credit card. Rather than seeing red in your bank account, applying for a payday loan can ease your financial stress and make finances more simple for this holiday period. An added value to keep in mind: no credit history check.
Finding the loan does not have tobe a hard task. Simply google he keywords: ‘same day pay day loan’, or ‘payday’, and read more about the type of payday loan you seek.

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