We’re a Consumer Credit Awards 2017 finalist!

After ten weeks of voting in the Consumer Credit Awards, we’re delighted to announce that we’ve been named a finalist in the “Best Short Term Loan Provider” category. We’ve got to this point thanks to our fantastic customers voting for us, and you can take a look at some of the great feedback we’ve received, by reading our PiggyBank reviews here! Here’s what Dan Ware,...

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PiggyBank has been nominated for “Best Company to Work for in Financial Services” in the 2017 Credit Today Awards

The nominations just keep on coming! PiggyBank is excited to announce that we have been nominated for “Best Company to Work for in Financial Services” in the 2017 Credit Today Awards - the UK’s most prestigious credit industry awards scheme. The Credit Today Awards celebrates market leaders within the credit industry, and PiggyBank’s nomination as Best Company to Work for in...

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PiggyBank has been nominated for the 2017 consumer credit awards

PiggyBank is delighted to announce that we’ve been nominated for “Best Short Term Loan Provider” in the 2017 Consumer Credit Awards! The Consumer Credit Awards aims to find the best credit providers in the UK, selected by customer vote. This is a great opportunity for you to share your experiences and increase trust and transparency within the industry. Our nomination is great, but...

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Are Payday Loans Cheaper than Unarranged Overdrafts?

If you are in need of a short-term solution to financial worries there are often only a few possible options open to you. If you are unable to borrow money from family members and loved ones to help you get through this tough period, the other options are to take out a payday loan or go over your current account limit with your bank and have an unarranged overdraft. PiggyBank understands...

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Bank Overdrafts found to be more costly than Short Term Loans

Research from consumer champions Which? has found that bank overdrafts can be eight times more costly than payday loans. Borrowers needing as little as £100 could be charged up to £156 more by their bank than it would cost at a payday lender, it has been revealed. Which? compared the cost of borrowing £100 for 30 days using an unauthorised bank overdraft. It found some banks...

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Alternatives to Short Term Loan Solutions

Looking for an alternative to a short term loan? Well good for you, researching all of the options available to you will help you make an informed decision to get you back on the right track, financially speaking. Finding a way to pay your debts that will not cost you more money is the choice that most people will opt for when they understand different options that can help them manage their...

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Broker’s Vs. Lender’s What They Do

If you have always wondered what the difference between a broker and lender is then you have landed in the right place. Knowing the difference will allow you to decide which option to choose the next time you are applying for a loan. Although the decision you make will not negatively impact your ability to receive a loan, understanding their roles in the application process will help you...

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Payday Loan or Instalment loan? What should I consider?

When considering the best payday or instalment loan for your needs, there are some key things to consider; • Can you afford it? • What is the interest rate? • How long do you need it for, is it short term? • What happens if you can’t afford to make repayments, what are the penalties? The longer the loan period, the more interest you will pay back. Before you think...

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