Times are hard at the minute. If you’re searching for a payday loans direct lender there’s a cheaper alternative.
Turn on the news and it won’t be long before you’re greeted with headlines like ‘Families set for winter of discontent as benefit cuts and tax hikes take hold’ or ‘Soaring energy prices threaten to spark cost of living crisis’.
Eating or heating should never be a decision a person has to make. But with more than 12,000 people in Burnley alone set to lose their £20 a week Universal Credit Covid uplift – combined with ever rising inflation – it’s a heartbreaking choice that is becoming more common in the communities we serve.
It’s one of the reasons why loans are so important to deal with the peaks and troughs of expenditure. They offer people a quick and convenient way to access money. What’s just as important though..is where people source these loans from.
What’s the difference between a payday loans broker and a payday loans direct lender?
Simply put, a loan broker is an individual or business that helps people find loans. Their job is to help borrowers navigate the complex payday loans industry and find a loan that fits their circumstances.
A payday loans direct lender, on the other hand, will offer you the loans themselves. With direct lenders there’s no middle man, so you know exactly who you are dealing with from the outset. On top of that, direct lender loans are quicker, and you won’t have any broker fees to factor in.
PCCU is a direct lender, but not of payday loans.
Payday loans go hand-in-hand with high interest rates as they target people who don’t have access to other more affordable sources of credit.
That goes against everything we stand for at PCCU.
We’re here to provide affordable finance to local people who need it. We understand people have had issues with bad credit in the past. However, by carefully assessing each applicant’s personal circumstance, we make loan decisions on affordability – not just credit scores – and tailor repayments to suit them.
PCCU will always go that extra mile
We understand how unforeseen costs can slowly creep up on a household. Car repairs, a broken down washing machine, that dreaded bill from out of nowhere. With the cost of living only heading in one direction, these unexpected financial expenses now bring with them more pressure than ever before for many families.
That’s why PCCU is here to help you, along with thousands of other local account holders, afford the things that you need. Apply online and have a decision within 24 working hours. There are no set-up or early settlement fees, and our team is always available to answer any questions you may have on the whole loan process.
So don’t hesitate to give us a ring on 01282 691333.