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When you’re already struggling with debt, payday loans just aren’t the answer because of sky-high interest rates! They can make the thing you’re buying much more costly.
Normally people borrow between £50 and £1,000. A payday loan might be okay IF: you don’t owe anything else and you CAN pay it back in a couple of weeks BUT it’s a really expensive way to borrow. Those are big Ifs and Buts when money’s already tight. Plus there are much cheaper and safer
ways to borrow.
Those high interest rates can put the repayments beyond your budget. And if you can’t afford to repay your loan, your interest will keep building
and building, spiralling out of control fast. You’ll owe the outstanding balance of the loan + interest + any fees and charges.
Talk to one of our friendly debt advisers and
we’ll help you find a better debt solution for
Get BacktoBlack. Talk to us today
Or, take your first steps to debt freedom
with our online form
team of experts
can help you
on your way to
Click below and we’ll tell you a little bit
more about us. Our story is based around
our experience with problem debt.
Find out why we enjoy what we do here at
BacktoBlack, what makes us tick, and how we
can help you change your life for the better!
Don’t worry, we know how you feel.
All these fancy debt words are hard to keep
track of. So to make things easier for you, we’ve
put together a BacktoBlack Debtionary to help
explain the jargon! That way you’ll be up to speed
in no time at all, and ready for that pub quiz.