Guaranteed payday loans are loans
that are secure and dependable, they are a source of financial help when no
other institution will lend to you. As such they are invaluable to those that
use them, in some cases the difference between seeing the lights go out at
night or lying there in darkness with the fridge slowly defrosting.
This is no over-exaggeration, when
money is scarce it is scarce for this group of people, there is no safety net
of an overdraft or credit cards that can be used in an emergency. Every line of
credit available has been used. When this group of people say they have no
money they mean it, they don't mean they're into their overdraft or using money
they have earmarked for something else, they mean what they say, THEY HAVE NO
MONEY. This is when the services so often derided by the over-privileged and
more fortunate come to the rescue. Guaranteed payday loans help when no-one
else will. And it is for this reason why they remain a fixture within the
financial sector - because they cater and help scores of people everyday.
So often criticised for high
interest and ruthless terms, what the people possessing a negative view are
missing is the transaction taking place. This type of person is classed as
'untenable'. That means if they are lent money there is a very high chance that
they will not repay the money, is this not theft? No. This is a person that
does not deserve to be given a loan, does not deserve to be helped when they
have no funds to feed their daily needs, does not warrant a green light next to
their name when they enquire with their bank if they can have a loan, does not
have any means to feed their children when money doesn't stretch for the month.
They are a high risk, or to coin an Americanism a DNLT.
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