Payday loans are designed to tide you over to your next payday when you are having financial difficulties.  They are not a long term solution, just as tides come and go, but they can help for a short period of time.

In fact the origin of the phrase, to “tide one over,” comes from the sea, as you might expect.  It is thought that it was a way of describing what happens when a ship comes up against an obstacle which it cannot get over at low tide because the water is too shallow, but at high tide it is able to pass.  So the ship has been “tided over” the obstacle.

Sometimes you have to take out a payday loan just to tide you over a financial obstacle

This is directly comparable with a payday loan.  When money is tight (the water is at low tide) then it does not take a big obstacle to get in the way and not allow you to get past.  This would be some sort of expense.  Not something which is so big that it would take a whole set of special equipment to pass over it or special circumstances, requiring a lot of effort and time invested in it.  These obstacles are for explorers, and they are land masses or islands, and in financial terms are what normal bank loans are for, to be paid back over a long period of time.  With payday loans, the obstacle is quite small, and all you need is a little raise in the tide, a little injection of cash, which is the payday loan, and you will be over it and on your way very quickly.

Unfortunately of course, loans, unlike tides, do not come naturally.  It doesn’t matter how long you wait for a loan, it won’t just come along unless you take action.  What’s more, someone has to actually operate the tide, someone has to provide the payday loan and they have to make a living in order to provide these loans so they don’t come free.

At Payday Loans UK however, we are not discriminative, we know that it is easy to get lost when traversing islands (paying back bank loans) so we don’t ask for a record of your the islands you have explored (a credit report).  All that we require you have before we give you the tide that will lift you over your obstacle, is a boat.  Without a boat, the tide would almost certainly drown you, so you have to have a boat.  In this comparison, a boat is a job, a permanent job that pays monthly.  That is all you will need to be able to pay for this tide, so that is all we ask that you possess.

Occasionally people get in to difficulty because once they have been given their tide they immediately come up against an even bigger obstacle.  Or some people try to drift along on a succession of tides and end up either lost or hitting rocks.  This should be carefully considered before taking out a payday loan, or any sort of loan really, but if all goes well then you can be sailing off into the sunset in no time.  And if you come across another little object that you need to get past later in your journey, Payday Loans UK will always be here to help tide you over.

Tags: bank loans, cash flow problems, cash injection, expenses, financial obstacle, Payday Loans, Payday Loans UK, tide you over

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Ken Heading keeps up to date with all the financial news in the UK, particularly as it affects payday loans, and enjoys writing on this subject.

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