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Beat the banker

Monday, July 26th, 2010

It’s outrageous when banks charge you for unexpected bank fees. Often at 24/7 Moneybox we advise our customers to take a cash advance loan from us so they can cover their expenses until their next payday loan can come in. This can prevent them from becoming overdrawn on their current account and incurring steep bank charges which, will be significantly higher than the interest you would be paying with a payday loan. And added to this you will be able to beat the bank! Here are some more tips to beating bank fees.

Check your last few bank statements. With these statements in hand try and find what type of banking user you are. Once you’ve found this change your account for one which will suit you. It can be a pain to change accounts as the direct debit often prove time consuming to switch.

However, the best way to avoid banking fees is to simply avoid becoming overdrawn. There are a number of ways to do this. First of all some banks offer a text service which will message you when you are getting close to becoming overdrawn. The next idea is to use payment methods which will save you some money, internet banking may allow you to find the cheapest deal. Also paying online may also avoid a transaction fee.

If your finding your getting close to becoming overdrawn then it might be time you took out a payday loan from us here at 24/7 Moneybox. People find that the interest on a loan from us is significantly less than the charges you will face if you become overdrawn at your bank. Simply get online and get to www.247moneybox.com and you will be one step closer to beating the bank.

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Tags: banking fees, charges, penalty fees
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All you need is love… and a little money

Wednesday, June 16th, 2010

Concluding our series on preparing mentally for financial difficulty we will today talk about the importance of friends and family. Friends and family are incredibly important for helping yourself out of financial trouble. This article will emphasis the important role that friends play in helping you to get debt free whilst using a 24/7 Moneybox payday loan

You are sculpted by your environment and the people around you. Therefore it is important to ensure that this environment and the people around you are conducive to helping you get debt free. Those of your friends who are positive and motivated are the ones which will bring the best out of you, make a lot of time for these people, however, do not simply cut off your other friends just because they are a downer!

Simplistically speaking friendship is a service as much as anything else. And like we always say in these blogs and articles: things should be planned. Schedule time with your friends to ensure that you are constantly working at everyone’s relationship. The benefit of organising things in advance means you may be able to do things cheaper. Also by planning a time to see people you will be able to ensure they still feel valued that you haven’t seen them, and at the same time avoid disrupting your busy schedule.

Finally go out and make new friends, be sure you meet people who are in similar situations. This will obviously be beneficial as advice can be shared around. And hopefully you can spread the word of how good 24/7 Moneybox is!

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Tags: loans for payday, Moneysaving
Posted in Money saving, Uncategorized, credit card | No Comments »

How can I save money this month?

Saturday, June 12th, 2010

If you want to earn some extra cash why don’t you check out the websites which offer you the chance to pay you for doing things like filling in surveys or rating products. This could get you a few extra quid every month. Then to save some money why not renegotiate your gas, electricity and water bills. This could be done through a price comparison website. What is ideal is to get a deal suited to the type of customer you are. Do you use your utilities 24/7 or only at specific times, for instance on/off peak times. This could save you money every month. The same could be done to ensure you are paying the cheapest amount for your car, home, or life insurance.

Money saving tips also include going green on many aspects at home. Simply switching off lights and using the washing machine at a lower heating setting not only will you save yourself money every year but also reduce your carbon footprint.

Finally use cash for purchases this way it will be more encouraging to save money, and not be frivolous. Also a lot of supermarkets have websites which are incredibly useful when it comes to saving money. These websites offer customers the ability to choose their weekly shopping without being subjected to the overt special offers and advertising. Also many sites have a ‘cheaper option’ button which allows customer to get a cheaper alternative to an expensive brand.

To get cash to cover bills until the next paycheque comes then it makes sense to talk to us here at 24/7 Moneybox, we offer competitive payday loans which cna help you avoid getting into trouble over late payments for utility bills or penalty fees.

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Tags: Money saving, money-saving tips, saving money
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24-7 Moneybox the easy way to get a bit of extravagance this month

Thursday, May 13th, 2010

When your up against it financially, then you may need a little extra cash to help you pay the bills this month, this is where 24/7 Moneybox comes in, we provide an opportunity to cover all those immediate payments so that they don’t build up from late fees or penalty over draft charges. However, our payday loans may not necessarily need to be used for dealing with these worrying situations, this article will highlight some of the more fun things our customers have needed a little bit extra cash for.

Tickets: last opportunity to catch your favourite artist? Then take out a text payday loan from us, and you can have the chance to make the unmissable…. well unmissable. Easy examples include sporting events, the FA cup, flying out to South Africa this summer, all can be achieved through a payday loan.

Holidays: they are a big part of your life memories, so make sure you don’t miss out on an experience of a life time, whether its sky-diving in Australia or safari in the Serengeti these can all be covered with a no fax payday loan.

Cars: want to add a little something to spruce up your car before your next pay cheque comes in? Then its time to talk to us, whether you want to pimp out your interior with some luscious leather or add a stereo system its time to talk money with us here at 24-7 Moneybox.

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Tags: holiday money, payday loan
Posted in Online shopping, credit card, holiday money | No Comments »

Banks cash in on steep overdraft rates and cuts in in-credit interest rates

Monday, August 17th, 2009

Despite the fact that we own 70% of RBS this hasn’t stopped them extracting more from us through some of the highest unauthorised overdraft charges around. It’s the same with most banks as findings today show that banks have cut interest rates on in-credit current accounts but at the same time increased charges for unauthorised overdrafts and increased interest rates on authorised overdrawn accounts reports Times Online. RBS, majority owned by the British taxpayer, has been named and shamed as offering the most extortionate fees following a cut in the fees by the majority of the major banks.

Bank of England findings show that the average authorised overdraft rate in July was the highest since 1995, with this 4 out of 5 current accounts pay less than 0.1% on balances in credit and half pay no interest at all. RBS takes a lot of the flak in this banking clamp down on consumer welfare as their penalty fees for unauthorised overdraft of £118 for an account overdrawn by £30 is £28 more expensive then the next most expensive provider Alliance and Leicester which charges £90.

When it comes to current accounts, Nationwide is shown to be the worst culprits, with an authorised overdraft rate increase of 11.5 percentage points to 18.9% in two years. On the other hand the better current accounts are offered from the likes of Cahoot which gives 1.1% on in-credit accounts and only charges 11.8% on authorised overdrafts.

For credit cards the overall average rate on purchases has risen in the past tow years from 16.5% to 18.1%. Again Nationwide has been criticised this time for upping its Visa from 17.9% to 19.9% in May. The best advice would be to go to Virgin Money for a card as they offer a o% balance transfer deal which is interest-free Months with 16.6% charged on new purposes.

Are you worried that you won’t have enough cash to cover your credit card bill this month? Worried that those bill payments may shoot up exponentially if they are not paid off with the extortionate interest fees that you have just read about? Well then this is where a payday loan comes in, we here at 24/7 Moneybox can offer you the chance to get instant cash to cover all your unpaid expenses this month until your next pay cheque can come in. So don’t fret about late fees or overdrawn charges from your bank apply now and don’t let banks take you for a ride.

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Tags: bank charges, credit cards, current account
Posted in credit card, credit crunch, payday loans | 1 Comment »

Two simple steps to save money this month

Thursday, August 6th, 2009

A wise man once said that you should look after the pennies and the pounds will look after themselves, well with this in mind our article today will look how you can save yourself more than just pennies this month.

The first tip we advise you follow is to literally watch your pennies; if you are being weighed down by a heavy lumps of metal in your wallet or have discovered a copper mine below the cushions of your sofa, then cash in on these untapped financial resources.

You’ll be surprised at how much you can get after say six months. Having a mascot piggybank as a logo means we have no excuse to not have a piggybank in the office, after six months we’ve managed to accumulate nearly £60! You needn’t even have to worry about counting and bagging the coins, the emergence of machines which will give you the cash back in more useful coins and notes means that you can cash in on all you piggybank’s savings whilst getting your groceries, you could even make it a monthly event.

One way that you can actually get yourself turning over a few pounds here and there is through a few Internet sites, these sites will offer you money for simply filling in a few forms or having advertisements on your screen whilst browsing.

Need instant cash to cover your monthly expenses? Well then it might be time that you considered taking out a payday loan with us here at 24/7 Moneybox, we offer people the chance to get the injection they need to cover all their cash flow problems and difficulties. Simply take some time to fill in our application and you will be getting your money as soon as possible. When it comes to paying us back we will deal with taking the money automatically out of your account so that you don’t need the hassle.

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Tags: Money saving, savings
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Angry indebted customers hurl abuse at Barclays and HSBC

Wednesday, August 5th, 2009

Are you angered by bank’s sneaky charges and penalties? Well this article will be right up your street, Times online has reported two different examples where two major banks have levied unacceptable charges on some of their customers. In particular two different types of customers: a small business owner and a mortgage holder, have all documented their terrible experiences with HSBC and Barclays.

This comes in the same week as yours truly received a £20 penalty fee from not reading the available balance and instead making the ‘huge mistake’ of spending what’s actually in his account.

Peter Reeve, 55 from Flitwick in Bedfordshire faced ‘worry and aggravation’ when HSBC raised the interest rate on his overdrawn business account. Mr Reeve’s company would sometimes take up to 18 months to be paid for jobs and so the overdraft facility is important’. Reeve switched to NatWest, but saw his personal account which he kept at HSBC face a new overdraft rate of 19.9% up from 9.9%. He was told this was because there wasn’t enough money going into his accounts. Surely stories like this are not what we want to hear when need small businesses the most.

Sally Houghton got in a dispute with Barclays after she took out a mortgage with them for a new house in Bedfordshire, where she was sure she set up a mortgage protection plan. However, a year later when she was unable to work she tried to claim for the plan but only to be told that it did not exist. Despite sending photocopies of the agreement to Barclays it did not acknowledge the plan until this year. Ms Houghton was forced to carry on working despite her deteriorating health and is planning legal action to claim for loss of earnings.

Are you finding that penalties are building up? Do you risk incurring steeper charges and penalties unless you pay off the fines that you are facing at the moment? Well if this is the case then it might be time that you started considering taking out a payday loan from us here at 24/7 Moneybox and then relax knowing you have the cash to prevent your unexpected costs from increasing exponentially until you can pay. Apply today and relax.

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Tags: bank charges, mortgage, penalty fees
Posted in credit card, payday loans, small print | No Comments »

O2’s new Visa card offers a lesson in financial control

Wednesday, July 22nd, 2009

Do you need to ring-fence your expenses? Then maybe you need a fee free pre-paid card to help keep tabs of your finances. Times online reports that O2 has announced that it will offer pre-paid Visa cards that can be used online, in store or at cash points and works simply as a substitute to carrying cash. The card can even be claimed by children as young as 13, without their parent’s permission.

The ‘Lock and Go’ Card, will be launched by 02 in partnership with Natwest and comes with no fees. O2 will provide users with balance updates on their phone. The pre-paid card has no overdraft feature as users can only spend what they have loaded onto the card. The card will in effect work as an easier and safe way to carry cash, parents won’t have to worry about their children carrying or losing cash, the card uses the Chip and Pin security and if the card is stolen it can easily be cancelled.

Pre-paid cards have been very expensive in the past where banks have tried to charge users for a myriad of actions with the card; Lousie Bond from uSwitch has highlighted some of the charges to include up front fees to take the card out, monthly fees, withdrawal charges and even a charge for loading the card. Bond sees the cards as a good way to budget monthly expenses and keep tabs of your finances.

The Load and Go card is also designed to introduce children into understanding about financial control so that, it also prevents them from having to carry cash which could attract crime.

If you have taken all the steps to budget yourself and cut down the expenses but will still struggle to pay the rent or utility bills, then it may be time for you to consider getting yourself a payday loan from us at 24/7 Moneybox. Our team is waiting on hand to make a tailored cash loan solution for you which can help you out of a cash flow difficulty until the next pay cheque can arrive. Apply today and say goodbye to you cash flow problems.

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Tags: chip and pin, Pre paid card, visa
Posted in ID theft, Online shopping, credit card | No Comments »

Beware of cuts in the Minimum Repayment Level

Monday, July 6th, 2009

Are you one of those who will see a cut in the minimum repayment on your credit card? Times online reports that Barclaycard, the largest issuer of credit cards, said the changes will take effect from next month. 12 million people will enjoy the level falling from 2.25% to 1.5%. Beware though; the bank’s act of ‘generosity’ will actually make you pay back more in the long run.

The announcement follows figures showing that £2.7 billion of new debt has been shouldered by the UK economy in just the first quarter of this year. Savings, on the other hand, have hit an all time low of 14 billion according to Unbiased.co.uk. This equates to 19p borrowed of every £1 saved. So more doom and gloom being spelled out by industry analysts. Debt counselling services have reported record numbers of people seeking advice following unemployment.

You would think that the cutting of minimum repayment levels is seen as a generous act by credit card companies. However, Martin Lewis from moneysavingexpert, states that their existence at all is actually ‘keeping customers perpetually in debt’. By paying less back there is a greater amount still owed to the company therefore the rates charged will increase the amount of interest that will need to be paid back when the loan is finally paid off.

Struggling to pay off credit card debts? Are you going to struggle to payoff you final instalment? Then relax and take out one of our payday loans. We understand if your paycheque comes at an inconvenient time and you need fast cash, just simply take 5 minutes out of your day and fill out one of our application forms, then after we ask you a few questions over the phone your ready to receive a payday advanced cash loan to take the stress of paying back bills off your mind.

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Tags: barclaycard, credit cards, recession, Unemployment
Posted in credit card, credit crunch, payday loans | No Comments »

The airport bureau de change burns sun bound travellers

Friday, July 3rd, 2009

Plan getting your currency in advance is the warning to heed from the Which? survey reports the Guardian. Huge variation between deals from airport and high street bureau de changes can mean that holiday makers could be losing up to 10% of their travel money.

21 different providers were checked in the report and vast variations were highlighted. Worst culprits to rip you off were branches located in airports which in particularly preyed on the last minute fliers.

Prices varied when comparing how much €500 Euros would cost you, from the best deals charging £461 to the worst from an airport branch of Travelex which offered £507.84, the shrewd traveller would be saving himself some £46 just by planning ahead.

The deviation is similar when converting to dollars; $500 would cost you £351 in the best offers but £391.13 at the again monopolistic airport Travelex. The astute traveller would again prevail, saving himself £40.

The worst offenders named and shamed in the report were TTT, American Express and Travelex. Interesting to note is that online the post office offers relatively good deals however actually going in branch will leave you much shorter in the pocket.

Big variations also come in the form of different credit and debit card charges. Most have a foreign currency loading fee, which can vary between 2.75% and 3%. There may also be withdrawal fees for using the cards at ATMs.

Thinking about going away this summer and could do with a little extra cash to make it all the more enjoyable? Then 24/7 Moneybox is here to help, use one of our payday loans to make your trip something to savour for the rest of the year. Simple take 5 minutes out to fill in one of our simple application forms, then answer a few of our questions when we phone up and you are set for getting instant cash into your bank account fast. Make this summer a one to remember apply today!

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