Keep your lights on with a payday loan
A payday loan can mean the difference between having your lights on and sitting in the dark. My energy company tends to send out disconnection notices if their customers are even two weeks late paying the bill. Even if the customer is caught up from prior months’ bills, a notice is still sent. I received such a notice just recently, and I may have to take out a payday loan in the future if this keeps happening. Have you ever faced a situation like this? Or maybe you are facing this situation right now. Could a payday loan help you keep your lights on?
How much should I take out on a payday loan?
How much you borrow from a payday loan company depends on how much you have to pay your energy company to keep your lights on. It could be as low as $100, or as much as $1,500. It just depends on how much you owe. A payday loan is meant to tide you over to your next payday, so choose the amount you take out carefully.
Decide on how much you can reasonably afford to pay back when your next paycheck arrives. If it falls short of how much money you need to pay off the total light bill, take out only what you can afford to pay back. Of course, you will need to talk with the energy company and work out a payment plan if this is the case. Do not take out what you cannot pay back quickly on your next payday.
Applying is quick and painless
With the many payday loan companies online today, the application process has become quick and painless. You can even apply for a payday loan online. In fact, for your convenience, there is a green “Apply” button right below this article you are reading. It is secure, so no worries about someone hacking your information. Just fill in the required details and you are on your way to keeping the lights on.
Once you get past the hurdle of paying your light bill, you need to remember to pay back the payday loan you took out. When that next paycheck arrives, you must pay back the loan. Besides, you would have had to pay this amount anyway on your next payday, so it’s best to pay on time. The added benefit of paying on time is that you avoid any late fees that are assessed if you do not pay on time. So keep that in mind when you take out the payday loan to keep the lights on.