Usual Billing Errors We Often Commit & How To Correct Them
Short term loans are designed to address a wide variety of financial emergencies. At Cash Kitty, we come across individuals in need of loans from all walks of life. The need for one of these loans can spring from a number of different scenarios. For example, you might need to look into short term loans to help you deal with an unexpected medical emergency. You may need the money to take care of a bill you didn’t expect.
Cash Kitty can help you to find a short-term, low figure loan that will let you keep your head above the water. The benefits of short term loans are clear. However, by no means should short-term loans be your one and only solution. At the end of the day, we don’t want you to come to us for short term loans on a consistent basis.
How To Protect Your Budget
Short term loans are not a solution you should explore over and over again. Although the terms and APR are all within the range of manageable for financially responsible UK residents over 18, the truth of the matter is that you are still likely to consider these terms to be a little on the strict side of things. Dealing with these loans in succession can take a quick toll on your resources, to say nothing of your sanity.
To that end, there are always things you can do to minimize your budget, and lower the chances of needing our services for anything more than a very serious situation. For example, did you know that over five hundred million pounds are paid in excess fees every year? These overcharges can certainly put your budget through the wringer. Thankfully, there are some pretty simple things you can do spot them, and then avoid them altogether.
Common Billing Errors To Attack
Short term loans can keep your house in order, but it’s still an expensive option that you want to only utilize in an emergency. Spotting common billing errors is a great way to keep your budget intact. Here are a few popular examples to watch out for:
- Utilities: Always make sure you’re aware of the dates. Billing is generally automated, which can create problems with overlapping charges. Make sure you’re aware of the date range, which will keep you from paying the same bill twice. If you can calculate metered use of your electricity, and you have the time for such an activity, you may want to do this, and then compare the results to your bill.
- Mobile devices: Watch out for those apps we all love to download and use. Many of them are free, but there are many that require in-app purchases. There are even apps that hit you with hidden charges. Avoid default settings that end with billing you. If mobile data and roaming services are concerns, make sure these things are off when you aren’t using them. Review your usage each month. If you find anything that strikes you as suspicious, don’t be afraid to get in touch with your mobile provider.
- Internet/cable: If you sign up with a new provider for either of these things (or a single provider for both, which is more often than not the case these days), make sure you read the terms carefully. It isn’t uncommon to get sucked into a really great deal, only to find yourself paying double later on. This is another area in which you’ll want to keep an eye on your bill each month. If anything strikes you as suspicious, then don’t be afraid to say so.
Safeguarding Your Budget
We all make mistakes. We all get hit with things in life that no one in their right mind could have ever planned for. Short term loans can help you with any of those situations. At the same time, remember that at the end of the day, short term loans can be used for pretty much anything you want.
But once again, this is not a measure you want to utilize over and over again. Take steps to avoid late fees, hidden charges, and other entities that eat away at your budget, eventually forcing you to deal with a headache.