Selling gold vs PayDay Loans

The pay day loans business has been rapidly developing in the UK. With more and more of us struggling to get by from 1st to 1st every month it is convenient to use pay day loans as a bridging mechanism. However, think about how much money you can potentially be losing and if it is not better to for instance sell your gold online. Obviously, two of the above methods have got their positives and negatives.

When looking at pay day loans it is crucial to bring up some of the recent statistics. For instance only in 2010 every day banks had been writing-off bad debts of £23,350,000. In fact all of us owe more money than the whole UK produces per annum. With average debts of more than £8,000 per household and that is exclusive of mortgage it is very important to reconsider high percentage daily loans.

If you have some gold, silver or platinum of whatever condition you can raise some cash within days. Just post it to us and as soon as we receive the package it will be evaluated and payment sent within 24 hours of your acceptance. Don’t pay interest in excess of 300% if you don’t have to! Drop us a call on 01902 623 253 or pop around to our offices in Wolverhampton to find out more about selling gold online.