One of the newest phenomenon’s to hit our emails has recently arrived. Just fill in a form with basic details including your name, address and phone number, say how much you want to borrow – and seamlessly, the red figure on your bank statement changes to black. It appears to be almost too easy to borrow money on a short term basis. All the information is online ready for you to read, should you wish to know some details or small print – by the same token it can be totally ignored.
Short term loans for overdraft fees
There are many companies offering short-term payday loans online, all with slightly different criteria. Some advertise that they “guarantee” you will be accepted. Guarantee is a word to instil confidence into any quivering wreck needing money and who is frightened of being turned down. Asking your local, friendly bank manager to help you would, even up to five years ago, have resulted in a short lecture in money management, but “yes, we can arrange a temporary overdraft for a month – or maybe two or three”!!
The current banking system is a very different beast. Entirely run by computers the sight of a local branch is itself, a miracle. Where there is a small sub-office and purporting to be there for the convenience of customers, it is self-ruling. What other business serving its community would be able to work three days a week from 10 am till 2 pm and then close its doors. However, I digress from the original subject.
Related posts:
