Payday loans are often surrounded by a cloud of controversy and misunderstanding. Although they can be a viable option for some, they tend to be misconstrued by the general public. In this article, we aim to clarify some of the most common misconceptions about payday loans. By providing accurate information, we hope to help individuals make more informed decisions regarding this financial tool. For additional insights into payday loans, feel free to visit Cashfloat. Misconception 1: Payday Loans Are Only for People with Poor Credit Scores One prevalent misconception is that payday loans are solely intended for individuals with poor…
Author: Kelly Richards
Kelly Richards
Kelly is the founder of the Cashfloat blog and has been working tirelessly to produce interesting and informative articles for UK consumers since the blog's creation. Kelly's passion is travelling. She loves her job because she can do it from anywhere in the world! Whether inspiration hits her while sitting on the balcony of a French B&B, or whether she is struck with an idea in a roadside cafe in Moscow, she will always make sure that the idea comes to fruition. Kelly's insights come from her knowledge gained while completing her degree in Economics and Finance as well as from the people she meets around the world. Her motto is: Everyone you meet has something valuable to teach you, so meet as many people as you can!