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Tuesday, 29 November 2016

Survive Christmas with Vivus Loans

Image result for christmas

The run up to Christmas is one of, if not the, most expensive times of the year. There are Christmas presents to buy, decorations to be put up and that big Christmas dinner isn't going to pay for itself. If you have family coming to stay then you may have extra food and alcohol to buy - not to mention the costs of planning day trips and seasonal days out. On top of all of this, what if something else goes wrong that requires more money? It's difficult to keep money aside for emergencies, but if your boiler breaks down then you're going to want it fixed pretty fast - especially in December - which can cost a lot. All of this can seem pretty daunting and impactful on your bank account - and at times you may even find yourself a little short of money. 

Taking out a short term loan around this time of year can be super helpful and beneficial - particularly one that you do not have to pay back until your next pay check comes through. It means the celebrations can continue, Christmas presents will be bought and you'll be prepared and ready should anything go wrong. Taking out a short term loan can be an affordable and sensible way to get through the Christmas period and ensure that you enter the New Year in control of your money. 

Vivus loans does exactly the above - customers are able to take out a short term loan, and can then pay this money back when their next salary or pay check comes through. The process is very simple - you must apply, then (hopefully) get approved, and once approved you get the money and most only pay it back when you get paid. The interest rate for a first loan is 0.4% per day - so if you borrowed £200 for 25 days, you would be expected to pay £220 back. There is an easy-to-use calculator on the site which calculates how much will need to be paid back, giving you the control and decision over whether you will be able to pay the money back or not. Assuming that you meet the criteria and checks for taking out a loan, you will have the money in no time. 

Taking out a short term loan can be an effective way to give you some time and to help you get back on your feet until your next pay check. With Christmas just around the corner, it's definitely something to consider. 

9 comments:

  1. This sounds fab - I know far too many people who struggle for Christmas, may have to send them this blog post :) x

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  2. Nice to hear of a loan with a smaller interest rate. Must be good for those with bigger families! X

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  3. Theres a lot of these loans going around. I decided to have a look on their website. The rate they actually charge is 146% p.a. I did think that 0.4% per day sounded too cheap. Companies like these like to take advantage of people with poor credit as they couldn't get a loan from a bank which would charge a more reasonable rate.

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  4. I am glad there are companies like this for people who need them but I do think people should read all the T&Cs x

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  5. I am not sure what I think of companies like this, on one hand they are better than some options but the % you pay back is sometimes eyewatering!

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  6. I've never heard of this place before. I'm glad you were able to make it through the holiday season.

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  7. I think these companies are important in the market, glad you found one that seems to have good interest rates. :)

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  8. Not bad interest rates at all! I'm personally not a fan of loans, but sometimes needs must. Thanks for sharing :)

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