Personal-emergencyloans.co.uk, Tries to Boost-up the Confidence for Payday Loans

Office of Fair Trading has kept fingers crossed and looked over additional powers to slam the activities of the loan sharks. Payday loan laws favor the money lenders than the loan consumers.

Bournemouth, UK, United Kingdom (prHWY.com) October 1, 2012 - Office of Fair Trading has kept fingers crossed and looked over additional powers to slam the activities of the loan sharks. Payday loan laws favor the money lenders than the loan consumers. But there are also money lenders in the UK who have a deep concern to the borrower's needs. The press release is about imprinting greater confidence in the minds of low income groups for emergency cash.

Bournemouth Dorset UK October 01, 2012

With the resurface of the MCO issue, a payday lending institution which has been bogged from continuing payday businesses in the UK after consumers filing lawsuit against the company for harassment. The confidence among the low income communities seem to deter and at this time, personalemergencyloans.co.uk has picked up the social responsibility in trying to re-establish a strong tie between consumers and the payday lenders. Consumer Credit Counseling Service, CCCS has made it quite clear to the lenders that in accordance to the OFT rules and regulations, consumer loan repayment period should not exceed six consecutive months from the date of loan issue. In this issue, Robert Clive CEO of personal emergency loans has his say on it, "We make it sure that our consumers do receive counseling and they make the repayments to the earliest not crossing the official set limit of six months."

Our counselors at the help desk do provide full information about the products and services. In addition, we do give a clear picture of the existing situation, our products and the emergency cash available to you. Late fees, transaction fees and interest on the loan amount are explained in detail and any delay beyond the pre-set deadline will attract huge interest and interest on the loan amount will increase accordingly. However, people in the UK have a setback, the laws are not rigid, and even an unemployed person can get a loan. Therefore, payday lenders try to cover their expenses from the alternate sources of the consumer's income. We try to educate our consumers not to make such an attempt by taking loans on properties and fixed assets because it may lead to homeless in addition to the bankruptcy.

You can still take a loan with us by making a careful analysis on your need. Making a timely repayment of the emergency loan will always benefit you. Approach personalemergencyloans.co.uk and make three confident steps in considering a loan with us, fill out the application, submit the application, and wait for the emergency cash for deposit in the bank's current account. For more details, contact the address stated in the next line.

Contact Address:

Website: http://www.personal-emergencyloans.co.uk/
Suite 6 Richmond House
Bournemouth
Dorset
BH1 1DA
UK Phone no. - 01202464379

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Tag Words: payday loan advances, payday loan lenders, emergency cash

Categories: Finance

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