Order Your Travel Money Online And You Can Make Great Savings

Posted October 2, 2012 by whichwaytopay
Categories: Finance

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If you are thinking about going away anytime soon, whether for a holiday or business trip, have you thought about how you will spend money once you are there? Planning ahead is paramount. Most people leave getting their travel money until they get to the airport but this is most often the least cost effective option. By ordering your travel money online you can get access to some of the best possible exchange rates meaning you will get more for your money and have more to spend once you are away.

You can order your travel money online or over the phone or you can visit a local branch if you wish. With most companies you can then arrange to have securely delivered to your home or workplace or even arrange to have it picked up at the airport. Travel currency services are convenient, fast and easy to use. Another advantage about travel money companies is that if you come back with money unspent they can buy back your remaining cash without commission.

When deciding on which service to use you should make sure you choose one that deals in the currency you are looking for. Bear in mind if want larger amounts of money or require a more unusual currency you may have to place your order further in advance. You should also look at the delivery methods and costs and read the terms and conditions thoroughly. Make sure you are aware of any other fees that might be involved as commission charges may vary but there are many providers who do not charge commission on most currencies.

Remember exchange rates fluctuate on a daily basis so it is worth taking the time to research the market and compare different companies against each other. You can do this through sites like Which Way To Pay which offer unbiased comparison tables full of some of the leading travel money services on the market. to help you make great savings on your hard earned cash. The amount of currency that your money will get depends on the exchange rate, which can vary from day to day so keep checking back to see how the rates can work in your favour.


Why Get a Consolidation Loan?

Posted August 2, 2012 by whichwaytopay
Categories: Uncategorized

If you are in debt, then you know about it! It’s hard to carry on as normal when you are weighed down by big debts with multiple creditors, especially if you have dependents. It can feel like you’re losing the battle with monthly repayments, and as interest mounts up, it’s hard to even make a dent into the true amount you owe, just keeping your head above water.

If you are struggling with your debts then why not get a consolidation loan? These loans are specially designed for people with at least £1000 of debt with two or more creditors. The loan allows you to pay off all of your debts, meaning that you only owe one creditor.

The interest rates will be much lower, as well as the monthly repayment being significantly smaller than what you were paying previously. Getting approval is relatively easy, so you don’t have to worry about having too much debt.

One thing to remember is that the total amount that you will owe the loan company is not reduced, you still owe them the same amount of cash. The interest rates are lower though so it will save you money in the long run. It’s also worth noting that lower monthly payments mean that you will be in debt for longer. If the repayments are half what you were paying, it will take twice as long to pay it back.


Compare Consolidation Loans Here

Poor Rating Credit Cards – Credit Cards For People With Bad Credit

Posted July 13, 2012 by whichwaytopay
Categories: Uncategorized

If you have anything less than a perfect credit score you could struggle to get the credit card that you want. This is because many card providers see people with a poor financial history as a high risk and given the current economic climate many are unwilling to take this risk and give credit to everyone that wants it. But fear not, if you have little, bad or even no credit at all or you have been refused elsewhere because of defaults and CCJs, there are now some great options available for you. Poor rating credit cards are now hugely popular and widely available. They are specifically aimed at those who have a bad credit history and what’s great with a poor rating credit card is that now you can get the financial freedom you what whatever your financial past.

The great things about poor rating credit cards is that they can be used exactly the same as standard credit cards in that they have worldwide acceptance, you can use them to make purchases on the internet, over the phone, in shops, retailers and restaurants and they have useful security measures. Credit cards are an easy way of financing purchases and they are a more convenient, not to mention safer alternative to carrying around large amounts of cash. The main benefit of a poor rating credit card is that you can actually use them to build or rebuild your credit rating as many of them come with a credit building facility. This means that as long as you use the card responsibly you will repair some of the damage to your credit score which will result in better loan and credit card terms and conditions in the future meaning you will be offered more credit and lower interest rates.

The main drawback of poor rating credit cards is that because you are considered to be more of a risk by the card providers the interest rates can be much higher than standard credit cards. You will also find that you are likely to be given a lower credit limit because of your credit history. Despite this if you use the card sensibly you will improve your credit score which will stand in your favour in the future when applying for financial products There can be fees, associated with these cards so always make sure you read the terms and conditions fully before applying. Make sure you compare poor rating credit cards through sites like Which Way To Pay so you can be sure you find the best card for you. 

Take Control Of Your Debts With A Consolidation Loan

Posted July 5, 2012 by whichwaytopay
Categories: Uncategorized

If you are looking for a way to tackle your debts you might want to consider taking out a debt consolidation loan. You should consider all of your debt solution options however before you make your decision.

Consolidation loans are suited to those who are struggling to cope with multiple debts from multiple creditors. They way they work are essentially you take out a loan to pay off your existing debt. Consolidation loans therefore bring together all your expensive debts into what should be a single more affordable and manageable monthly payment. These loans should work out more affordable because they usually come with a lower interest rate than the average interest rate on all you existing debt combined. However, you need to make sure that this is indeed the case. To reduce your monthly outgoings even further you could look into repaying the loan over a longer period of time.

Please note that despite consolidation loans having the ability to make repaying what you owe lot more manageable ultimately it will not reduce what you owe. The amount you owe will increase so you need to make sure a consolidation loan the right option for you because the longer it take you to repay the loan, the more interest you will pay overall. Essentially therefore, consolidation loans can end up costing you more in the long run. Some would argue that you shouldn’t take out another loan on top of what you already owe as this increases the risk of further debt which is definitely an argument worth considering.

Consolidation loans are suited to those looking for a way to reduce their monthly payments which should help you get back on track with your finances and budgeting more effectively.

Savings Accounts – Make Your Money Grow

Posted June 28, 2012 by whichwaytopay
Categories: Uncategorized

If you want to put money aside safely then a savings account is ideal. People save money for a variety of reasons. You might want to save for a new home, holiday, a car or you want to make sure you have some money aside just in case you need it. Considering today’s climate it is more important than ever put your money in the right place. Whatever you want to save for you need to make sure you are getting the best interest rates available on the market.

When looking for a savings account you need to find an account that will get the most out of your money. When choosing an account you should think about how much you want to save, how long you want to save for, how much money you can afford to save on a regular basis and how much access you need to your account. Always choose an account that suits your saving needs and make sure you fully understand the account before you invest.

When researching the market look at whether you need a certain amount just to open the account. One of the most important factors to consider is the interest rate that you will earn on your money and this should be a priority when comparing different accounts. You can compare savings accounts through sites like Which Way To Pay. Think about whether you want a fixed interest rate or if you don’t mind for it to vary. Always watch out for any fees might that occur for using the account as some providers may charge you for withdrawing cash from a cash machine or an annual fee just for using the account.

Avoid Getting Into Debt With A Prepaid Card

Posted June 21, 2012 by whichwaytopay
Categories: Uncategorized

f you don’t want to risk going into debt then a prepaid card could be an ideal solution. A great aspect is that they have all the advantages of a standard credit card in that you can use them online, in shops, restaurants and withdraw money from cash machines. The main advantage of these types of cards is that you can personally manage the amount of money on the card. They work like top up cards; you reload the card with funds which you then spend as you please and once the funds run out you have to top it up to use it again. This gives the user more control over their spending which is great for anyone who has needs to stop bad spending habits.

With a prepaid card you are not being given a line of credit so you are not borrowing any money. This means there are no credit checks and anyone can get one. They are well suited for those who have a bad credit score, are too young for a standard credit card or have a low income. If you don’t have a bank account a prepaid card is a way for you to withdraw money and set up direct deposits. Prepaid cards are very secure and can have useful recovery facilities whereby if you lose the card you can order a replacement and any funds that were on it can be transferred to the new card.

As you are not borrowing any money, but are simply spending whatever you decide to put on the card, you won’t ever have to deal with expensive interest or bank charges or worry about paying off credit card bills each month. However, please note that there may be some hidden charges with these cards such as cash withdrawal fees and some cards might charge you a small amount for issuing you the card or you might even find that some providers charge you a monthly fee. You need to take this into consideration when deciding on the best card for you.

When deciding on the right prepaid card for you it is worth taking the time to research the market. A great way to find the best card for you is compare different products through easy to use comparison sites like Which Way To Pay, which are 100% unbiased so you can find a great deal. 

Payday Loans – Do You Need Instant Cash?

Posted May 31, 2012 by whichwaytopay
Categories: Uncategorized

Payday loans are an increasingly popular way of borrowing small amounts of cash, usually between £100-£1000. Payday loans are essentially unsecured short term loans designed to tie you over until your next payday, hence the name. The way they work is that you borrow an amount which you repay, plus interest, when your next pay cheque comes through.

Payday loans can be an important lifeline for those caught in a tight spot. You should only take out a payday loan for a short term emergency situation. For example, you might have received a bill that you can’t afford to pay, you have to pay for urgent home or car repairs, or you just need some extra cash to deal with your daily living expenses. If you need to pay for something and you cannot wait until your pay cheque comes through then payday loans can be very handy. In some instances, they can even work out cheaper than overdraft charges or going over your credit limit but this is not always the case.

Payday Loans are so popular because they are easy to get hold of and you can have the money often the sameday you apply and some lenders claim to be able to get the money to you in under an hour. The application process can be completed online in a matter of minutes. Payday loans are very accessible because if you have bad credit, have been refused a loan elsewhere or even been bankrupt you can still take out a payday loan because there are minimal credit checks involved. Usually you will find that the minimum requirements are that you are over 18, are a UK citizen and have a bank account.

As Payday loans are so easy to get hold of the interest is considerably higher compared to other loans. This makes them more risky, especially for those who are already in debt and the payday loan industry has been heavily criticised as lenders have been blamed for escalating people’s debt problems. When you take out a payday loan if you fail to repay what you owe plus the interest, the debt can be rolled over to the next month but you could end up paying interest for both months. Each month that you miss repayments you could keep paying the interest making the loan very expensive very fast. This could in turn spiral into a serious debt problem. Payday loans should never be taken out to solve any long term financial problems you may be experiencing. Also note that if you fail to pay back the loan you could damage your credit score which can affect you in the future when applying for financial products.