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With so much advertisement in the British media about lending companies, it is no wonder that many people are investigating the possibility of borrowing from them. In the United Kingdom press we are bombarded each day in newspapers and on the television with advertisements about payday loans. They are very attractive for responsible people who need instant cash UK for an unforeseen bill. If you treat these loans as a short term stop gap to pay such a bill then there is usually no problem. You merely have to budget for the next month to take the extra amount into account. As the term suggests, these advances are merely for a term of four weeks, until your pay is deposited in your bank account. 
It has been found from surveys that the average loan that is taken out is about £300 and the charges vary from £25 to £30 per £100 on top of that. So if you borrow that amount you will have to find an extra £75 to £90 on top of this amount to rid yourself of your commitment. The survey also suggested that the average person that pursues such a loan earns about £25,000, which is very tight if you are a family with children. It is people in this income bracket that will be the most vulnerable if they approach what turns out to be a rogue lender. There are companies out there that charge less than the above amounts, but you should check if there are any hidden charges involved before you commit yourself. One surprising fact discovered on research into this subject was that there are very few on line companies in the UK that actually post their charges at all. You need to telephone these lenders in order to find out before you apply for a loan with them. All is set to change next month as the government has ordered lending companies to clean up their act. If they do not do so within 12 weeks they face having their licences revoked. Our particular company has posted much information on our website. You will find our fees and also the APR on every amount we advance. You will see that we do charge at the top end of the scale, but the amount quoted is all that needs to be paid on the amount advanced. There are no handling or hidden charges. When an application form has been received we will make sure that you will be able to pay back the loan you have requested comfortably before we advance the money to you. When you have repaid your first loan on time, we may in the future lend you a higher amount if you need it. All lending companies require that you are over eighteen years of age and that you have been employed for at least six months in your present job. Have a look at the frequently asked questions; they will give you further information about how we operate. You should not take too much notice of comments posted by satisfied customers. Lenders are not about to put complaints and bad experiences on their site as that would be really bad for business. Please have a look at our site to find all information about instant cash UK at Handy Cash. You can find us on:   
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