Welcome to INVERNESS VOLLEYBALL CLUB - the website for regular people. Money may not be something you have in large amounts, but there is always a solution to the best way to pay - no matter what your money past looks like.

Payday Loans

Most people have come across a brick wall where money is concerned. It can come out of the blue - the sudden dentist bill you weren't expecting, the unforeseen car repairs - all these can put us in a money tight spot. And while those who have money aside these bills can be nothing to worry about, most of us find it hard to cover them and can end up in debts.

Payday Loans Can Help

That is where the Payday Loan can come in handy - it is a quick fix of cash when you need it most. All you need to do is fill out a quick application online, and one of many Payday Loan lenders will lend you the money without much hassle. They will usually have the money to you the same day.
You can then relax, having paid the bill or cost that was nagging you. You might even use it for a must-have holiday!

What to Watch Out For

Before you take out a Payday Loan, there are a couple of things you need to know:

1) You will need to pay it back fast
It is called Payday because you are meant to pay it back at the next payday - which is usually sooner than you think! You may be relaxed now with the extra cash, but remember you will need to pay it back soon - possibly even in two weeks. Make sure you have bargained for this and will be able to meet the repayment!
2) The APR rates on Payday Loans are high
Because of the ease of these loans, and because there are no credit checks, the APR rate will be very high. This means you are paying back more than you borrowed. And if you don't pay back quickly, you will be stuck with a heavy set of repayments that could mean you end up in much more money trouble than before....

Prepaid Cards

These are much easier to handle than a Payday Loan. That is because you are not borrowing any money on a Prepaid Card. You are merely putting your money in one, easy to manage place. You do this by loading the money on to a card which has many features similar to a credit or debit card. That means it looks like one, and is as secure as one - you even benefit from Chip and PIN security. You will be able to use it anywhere the logo of the card issuer is found - such as Visa or MasterCard.

Visa and MasterCard - doesn't that mean Credit Card?
Not in the case of a prepaid card. The card will be issued by one of these companies but that does not mean the card is a credit card. In fact, there's another reason you can tell it is not a credit card - you cannot access credit with a prepaid card, nor can you borrow money! You are only spending those funds which you loaded on to the card yourself.
What are the Benefits to a Prepaid Card?
Many people find that they are more able to control their spending when they use a prepaid card. If you have cash in your pocket, it always seems to be disappearing! With a prepaid card, you get a much clearer idea of where your money is going.
It is also safer than using cash - once you lose your tenner, it is gone. Lose your prepaid card, and you can be issued a new one. Any funds which were left on there will be available on the new card - the card company has a record of your transactions.
You can use it on the internet - not possible with cash!
Your friends or family can have a second card, giving them access to the funds. Even if they live abroad, you can "send" them money by giving them the second card.
Overall, prepaid cards are handy and efficient, and might be worth checking out if you are looking for a practical way to use your money.