Quick loan companies have been under the gun during the recent years thanks to those companies who thought it was acceptable to unfairly charge enormous interest rates that their customers had no chance of paying.

These types of companies have given our industry a black eye, here at loan 2 payday we would like to take this opportunity to show you that we have nothing but you the best interest at heart, we would like to direct you to a story that we are extremely proud of to give you an example of what we help our customers accomplish.

Everyone Needs Help Sometimes

Loan 2 PayDay is proudly still operating and serving our customers honestly and fairly.  We are not like those other quick loans companies that were forced to pay remunerations or who were put out of business due to their unethical business habits.

Yes, we are here and are going strong; there is no ignominy in needing money, especially in today’s economic world where it sometimes seems that everything is stacked in the favour of those who already have money.  We are here to help you through those times when some extra cash is a necessity to keep yourself just a little ahead or at least to catch up.  Applying for a loan is fast and easy.  Go to loan 2 payday to see how simple it is to get the cash you need today.

Think Then Apply

Making sure that applying for a loan is the right choice for you is something that you spend some time thinking about.  One question that you must ask yourself is, “Will I be able to this loan back?” if the answer is no, then you have your answer applying for this loan is probably the worst decision to make.  For the younger generation who may be reading this, if you realise you can’t pay it back then don’t borrow it!

Do not think of this as free money that you will never be able to pay back all the while accruing interest fees.  Now if you know you will be able to pay it back without a problem then getting the quick cash the same day may be just the solution you are looking for.  The key is to borrow responsibly.

Loan 2 PayDay is here for you when you find yourself in the midst of a financial problem.  Our application process is quick and easy and we guarantee that you will be treated honestly and fairly.  We strongly caution our customer to think careful and examine all of your options before making your final decision, it is never our goal to place you in a worse situation after you have received loan than you were in before you had received it.

Visit us today to see how we can help you; utilizing our services correctly is a great way to that additional cash that you just cannot wait for until your next pay day!

Many Irish companies feel the need to launch a branch of their business in Northern Ireland. This post will go through the steps needed when an Irish business opens a branch in NI.

What Is A Branch?

A branch is just an extended part of a company and it is not separated legally from that company. Only big corporations for example – limited companies can launch a branch. Provided that, businesses for example – sole proprietors and partnerships cannot launch a branch. The term used for a branch in the UK is “permanent establishment” or “UK establishment” and the Irish business is known as the “overseas company”.

Registration Of A Branch In Northern Ireland

Registering a branch in Northern Ireland is very simple. To start registration, the Irish company should deliver a complete statutory form OS IN01 to the United Kingdom Companies House along with a certified document of the business’s constitution and the registration fee. If needed, the company may also include a document of the company’s recent accounts.

After Registration

Just like the processes of the statutory filings, the UK companies House should be informed about any changes about the information provided in accordance to the branch or the Irish company.

As per the Irish Company Law, the accounting copies along with the statutory form OS AA01 and a fee should be sent to the Companies House within 3 months from the date when the registration processes began. Failure to send the accounting copies to the Company’s House in three months would result in a criminal offence against the director, who was in charge in these 3 month period.

Company Name Sign

A company that continues doing business in NI must incessantly display a signboard that includes its company name (the name that is listed at Companies House) and the name of the country in which the company was formed at:

  • Every places in NI where the company continues its business (except if it is mainly used for  accommodation or if it is likely to attract violence objections);
  • Every resident in NI or the UK are authorized to receive document of service from the company.

Tax Implications

It is advised to look for specialized tax advice when launching a branch in NI since the Irish company is going to be held liable for UK tax on the profits and gains made doing business in UK. Just like an Irish company is bound to pay tax on its international gains and incomes, the gains/profits of the UK branch likewise would be taxable in Ireland; nevertheless, since the company has already paid taxes on its UK branch, the company will not have to pay double tax in Ireland as per the Irish Law.

Keeping Compliant

The procedure to launch a branch in NI for an Irish Company is quiet straight-forward. Once opened, the company should make sure that the branch remains yielding in both Northern Ireland and Ireland. When considering the launch of a branch, it is recommended to completely understand the duties and liabilities of the branch and to consult professional tax and legal advice.

Screen Shot 2016-08-27 at 19.19.36If your credit history is a little muddy, then it will be troublesome for you to select the best loans for the bad credit. As we all know, such loans also have some pros and cons. If we are getting the loans with the bad credit, then maybe we have to pay higher-interest rate or something against the loan is taken by the lender. Not all these loans are very bad, but there is a rationale to get a fair and most suitable loan. Our clients often find it a big challenge to select the type of loan that will cost them less, but this decision is one of the toughest ones because some loans have very tough terms and they can’t be paid back on time. So, instead of trapping, look at these tips and ways and get the best loan with the bad credit from Creditpoor.

  • A Higher Limit For The Loan: The best lenders in the UK offer a high amount of money you can borrow. While the rest of them only allows cash up to £1,000 for the people with the bad credit.
  • No Hidden Charges: Many companies claim that they don’t charge any extra fee or other hidden charges. But this is not the case with every lender. The true companies charge only the fee that is reasonable, such as the actual fee for the loan, the fee for the late repayments, early repayment fee or fee for any other problem in the payment. It depends upon the lender whether they charge a fee for each and every service or even some lenders don’t charge a fee at all, from neither of these services. So make sure that your lender is only charging a reasonable fee.
  • Best Lenders In The UK: Make sure that the lender you are contacting with have a wide range of business and provide loans with the bad credit in all over the United Kingdom. If he is restricted to only one city or two, then you should re-think about your lender selection.
  • Optimum Interest Rates: Most of the lenders when come to know that you want a loan with the bad credit, they consider it as an opportunity to trap the client and charge the highest-interest rates. This is not fortunate to know that the loans with the bad credit in the UK are never given with a low interest-rate. But you make sure that the interest rate they are charging is more reasonable than the other lenders. Moreover, it must be according to your credit score too.
  • Terms And Conditions: Most of the lenders enjoy the miserable condition of their clients and bind them in such tough terms and conditions, they can never get rid of them. Your lender must give you enough time for your repayments that you are easily able to pay back on time. The best lender will not create problems for you and so, he will give you maximum duration to pay the money back.

Screen Shot 2016-01-27 at 03.18.19Many people (mainly those with bad credit history) almost immediately opt for a guarantor loan when they require. While there are many benefits to this type of loan, there are also cons. Cons come with everything in this life so when it comes to any monetary transaction, you can rest assured that there will be a few drawbacks.

What you have to do is weigh the pros against the cons and see if the loan is worth it in the first place. If it is, you can go about seeing how you can best avoid all the drawbacks that guarantor loans in UK come with. It takes quite a bit of thought and planning. Never make uninformed decisions of this sort, it never works out well and if you are not prepared, you can find yourself in a mess, even before you know it.

The cons of guarantor loans:

  • The first problem you may encounter is finding a guarantor. It is probably the hardest step. It will require a really strong friendship or relationship with another person in order to make sure that they are ready to become your guarantor. They will ensure that your loan will be repaid if for some reason you fail to do so. Even though this is a last option for a bank, it still requires that kind of security from a guarantor.
  • You can not have a guarantor with bad credit. He or she has to have an absolutely clean credit file with no defaults or anything as such. This in itself can also be rather difficult to find with most people.
  • The biggest factor is the fact that the guarantor will be held responsible if anything goes wrong. This is a rather big responsibility, especially if at that moment the guarantor is financially not sound enough to make up for the borrower’s shortcoming.
  • If the borrower defaults and if the guarantor is in a difficult position, this will hurt the relationship and create quite a rift because all the trust that you once shared will be lost. The borrower considers someone as a guarantor only because he has assurance and trust upon him. Failing to keep the trust can affect the relation.
  • The guarantor involved with the guarantor loans in UK will only be freed from his responsibility once the loan is paid back. This can take quite a while and the guarantor will have to always stay aware of the borrower’s financial condition and be financially ready to avert the short comings. He will also not be able to take loans of his own with the responsibility on his shoulders.

Let us be of assistance:

At Guarantor Lender, you will be able to understand the entire process and access the best lenders for guarantor loans in UK. At www.guarantorlender.com, a loan calculator is there to help you calculate exactly how much you can avail of and what your interest rates and other necessities will be in the process.

A situation of bankruptcy disrupts your life upside down. Many people reach a point in life, where they may be declared bankrupt. There are several repercussions that you have to face because huge unpaid debts do not offer you a smooth getaway. You have to go through a painless exit somehow with the help of IVA debt solutions that have become extremely popular these days. The severe repercussions of bankruptcy are that once you are declared bankrupt, it creates a black spot on your credentials. You may not ever get a loan or mortgage, bank account and mobile contract.  It makes your life difficult, stressful and financially disturbing. Bankruptcy is not only a loss of money but also a loss of self esteem and respect.

What can you do to avoid them? Go back to your past; you may discover that you could have avoided bankruptcy. Firstly, bankruptcy is a result of over-commitments. Do not over-commit yourself in terms of repayment of loans.  You should burden yourself only to such an extent allowing you to lead a smooth and standard life. Secondly, always remember that the future is not in your hands. Unpredictable events can lead you to downfall. Hence, be alert and prepared for such events and save money for the future.

Even after taking the above aspects into consideration, you may still fall into the trap of bankruptcy. For this, you can also seek the support of IVA. The debt solutions are less painful than bankruptcy. They do hurt your credentials, but not for a lifetime. The availability of debt solutions and bankruptcy is not a ticket to commit mistakes. It calls for a bad phase in life. They should always be considered as the last resort when you have nothing in hand and your debts are mounting exponentially. Try to achieve equilibrium in life and manage your funds effectively.  Prioritize your expenses into urgency, needs, desires and luxuries with an effect of your ability to pay. You get lucrative options in life such as buy now-pay later, credit cards and installment facilities that make you feel you can pay in the future. But it does not mean you mess up your life.

IVA gives an option and saves you from drowning into a well. You can avoid bankruptcy by opting for IVA if you are a citizen of England. To know more about debt solutions agreement, you can click on this link http://www.ivaplan.co.uk/. Here, you get an opportunity to repay your debts in accordance with the affordability. The insolvency practitioner, after analyzing your financial assets and source of income, decides upon a monthly affordable payment to be paid for five years to the creditors. For such matters, you also need the approval of the creditors. A proposal is designed by the insolvency practitioner who meets all the creditors and discusses upon the mentioned clauses. Creditors are open to give their suggestions and confirm their approval. If debtor does not give consent to the said changes by the creditors, they would not be incorporated in the agreement. If 75% of the creditors approve the proposal, the agreement is enforced legally.

A personal loan can be defined as borrowing an explicit amount of money for whatever the purpose and reason the borrowers have. Grounds might extend from buying luxurious goods and products, business ideas, medical issues and many other personal choices and decisions. In personal loans, it can grant a means of realizing what you need and wants at hand by allocating you time to repay in time.

There are two types of a personal loan, which are secured loan and also unsecured loan. A loan can be defined as secured if one makes use of an asset as a means of a collateral or security, with regards with the loan. If in case the borrower would not be able to continue in paying the amount loaned, the creditor or lender would have the power to take the asset in collateral.

Why do lenders require collateral for secured loan? One of the grounds for presenting an asset as precautions is needed because for instance, they have an item to which of value that can be repossessed in case you can’t pay them.  Since you also have collateral, a positive point would be a lower interest rate because it is viewed and doesn’t have a direct impact at risk to the lender. In personal loans, payments are considered to be fixed and would not change until you repay the loans, and that would give you an idea on how you can manage and budget more precisely.

Some types of secured loans are Mortgages which is related to real estate properties. Since the property asset is promised as collateral, it can guarantee a lesser interest. This loan is considered a long-standing financing plan that can extend repayment in terms of 15 up to 35 years. There are also different kinds that fall under the category of mortgages such as fixed rate, interest, balloon and adjustable loans.

How about unsecured loans? These are loans that can provide you available cash for instance that you can’t give assets as collateral. Reason some resort to unsecured loans is for home remodeling, trips and holidays and other personal motives. It might be a good option for those who don’t have any asset to back up their loans, but since it poses a greater risk for the lender there would be a great difference between the interest in secured loan and unsecured loan. The interest here would be higher and would give you a negative credit history if in case you would not be able to secure the payments needed. You may also try to research some good lenders who can provide you better and aggressive rates if in case you have chosen unsecured personal Loans.

Which one should you choose? You have to check first if you have the necessary assets as collateral, if you don’t have one, unsecured loans might be for you. If you’re sure with no doubt and certain in obtaining loans, you can visit this site LogbookCalculator to give you an overview regarding loans.