It has not been the easiest 12 months for the average person. A raft of price increases (everything from VAT, utility bills and insurance, to petrol and the cost of household goods) combined with an increase in inflation has meant that budgeting each month is now more important than ever. Fortunately, there is a way for people to easily control their spending and gain access to a little extra cash when needed; by using a prepaid card.
The situation many people now find themselves in is rising day-to-day costs, which they have to cover without an increase in their salary. This has forced many people to consider alternative forms of funding. The rise in the number of people using the Internet has led to a growth in the number of companies offering ‘pay day loans’ to bridge any monthly shortfall.
Many customers are attracted to these forms of loans, despite the very high APRs, due to the fact that they are quick to arrange, private and very convenient; they also don’t require a vast range of information and data to be provided to the lender before any cash is made available.
So popular have these companies become that it is tempting to think that there is no other way to budget monthly or have access to emergency funds to pay a bill. The truth is that there is an easier and cheaper way to budget and still have access to funds: by using a prepaid credit card.
Cashplus is the leading prepaid credit card company in the UK and they are currently offering a brand new deal to existing customers: access to immediate loans of up to £400 for prepaid card holders.
This is the perfect solution for those seeking to control their spending and budget accurately each month. Like a payday loan, application for a Cashplus prepaid Gold MasterCard is open to all, and unlike a payday loan there is no bank account required.
Simply load onto the card your budget for each month and you have the flexibility of a credit card, without the debt. Controlling your spending is easy with a prepaid card and if you need extra cash in a hurry, then the loan of up to £400 for existing customers fits the bill perfectly; this comes with no penalty fees and no early repayment fees, and the money is loaded directly onto your card.
Budgeting monthly is a key skill to learn and a prepaid card not only empowers consumers to do this, but the new £400 loan scheme for existing customers means that little extra is now readily available, just when you need it; the perfect solution for keeping your monthly spending in check!