If you are on a low income, or your income has suddenly been reduced and you find yourself facing a financial crisis, then you may end up struggling to pay some bills. Things like rent, food and transport should be your priority, because without those you won't have a roof over your head and you won't be able to work. There are other bills that are important too, though - such as your cable / Internet service. If you fail to pay that then your service could be suspended.
Short Term Loans can be invaluable for paying those odd expenses. If you are billed monthly or quarterly, and want to stop your service from getting cut off, then you can look at Short Term Loans as a way to tide you over until that next paycheck.It's true that those loans are usually quite high interest, but when you compare them to the cost of a hit to your credit rating and a late payment fee, they start to make sense. You probably use your Internet connection for research, booking tickets, communicating with people and doing work - so it's a good idea to try to keep the service going.
If you do decide to take out a Payday Loan, then make sure that you borrow only what you need to pay that outstanding bill, and pay back the Loan on time. Look at ways to cut your bill down - perhaps switching to paperless billing, or looking at things like canceling parts of the service that you don't use. You can even call up the company and ask them to price match other offers that you have seen advertised. If you are a longstanding customer that pays your bills on time you could save a lot of money that way.
