At Peter Radford Accountant and Tax Agent we don’t just know your financials!
We are more interested in knowing You, your Partnership, Business, Trust or SMFS‘s goals and helping you achieve them.
We are committed to personal and friendly service, offering a client-focused accounting experience.
How can We Help?
For over fourteen years the team at Peter Radford Accountant and Tax Agent have worked closely with our clients to make informed decisions and achieve both business and personal goals.
Based in Morayfield, we are easily accessible to help you with a range of services from tax matters and software training to business advisory and strategic planning.
Personal loans have become a fast-growing financing option for consumers, with payday apps and websites gaining popularity. For aid between paychecks, payday loans can be very helpful for the pay cycle lull. Taking out a loan is not something to enter into lightly though, there are many variables that should go into your decision-making process. Here are a few pros and cons you should consider before taking out a payday loan
Pros: Payday loans are named as such because they are basically instant. Once applied, your loan is usually processed and paid out on the same day. This is very helpful if you are in need of money urgently between pay, like a fine or surprise bill for example. For this reason, the loan amounts can often be quite high. Like any other loan provider, the quicker you pay the amount back, the more likely you are to receive a higher loan the next time around. These services track your repayments and can increase funds based on your credit history. Application for payday loans is extremely easy as they are based online. The process is very quick and many payday loan services have app options so you can apply on the go.
Cons: Any loan you take out will affect your credit rating so it is important to really think about why you need the loan before applying. Frivolous loans can greatly harm your credit score which could make life difficult down the track. With the loan process on these sites, if you are unable to make a full repayment by the agreed deadline, further fees may be charged to you but will not be revealed until you are required to pay. These payday loans often have a high-interest rate due to their instant nature and repayment period.
