Taking out a payday loan is a big step. Sadly many people don't take extra care when shopping around for a payday loan lender. They sign up with the first company they find, and soon find out that they've landed in a trap.
However, many payday loan lenders in the UK are reputable and it's unlikely you'll find a dodgy one, unless you're really unlucky.
A credit card application can feel like a shot in the dark, what enables a consumer to get approved for a credit card? There are several factors that will prevent a person from getting plastic money. Remember that companies want to approve you; after all, you'd be their customer. Don't give them any reasons you don't have to turn you away.
Lenders are afraid that consumers will not be able to pay back their credit/debt as a result of recession, so they are very picky as to whom they offer credit to. We have gone into detail on the affect of a good credit history (i.e. consumers have a better chance of being accepted, at the best APR/interest rates), when applying for credit such as mortgages, mobile phone contracts, credit cards, and car finance.