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By: William Krebs

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Thursday, 3-Feb-2011 17:23 Email | Share | | Bookmark
Debit Card, Quid Loans and Financial Management

At times, organization your monthly investments can show to be a real face. Yet a grouping of a prepaid debit card, Quid Loans and some accountable arrangement, may allow you far tighter control over your monthly budget and expenditure.
Initially, we'll look at each being product.
Prepaid cards
The prepaid debit card (often known as a prepaid or money card) may be an extremely useful facility for being able to enjoy the flexibility of plastic card transactions without having the connected risks of running up debts. It is not a credit card and you can only use it to the limit you have before encumbered onto it.
The loading can be done in money at any register Pay Point outlet or in the case of some provider, directly via an electronic transaction.
The card is usually fully friendly with all machines carrying the same branding (e.g. MasterCard) and can also be used at ATM cash dispensers and for internet transactions (charges may apply). It may establish to be an ideal mechanism for basically organization your own expenditure or possibly giving to your children if they are going out anywhere.
Payday loans
The payday loan is a rather recent arrival in the loan market.
It is a way of borrowing a relatively little amount of cash of perhaps between £100 and £250 pounds (although perhaps more may be available in certain condition) until you next get paid. At that time, the loan is repaid in one go (together with nay fees and interest) and there is no remaining debt.

Read more about Quid Loans


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