Unemployment on the Decline - Stats SA

It is really good to know that the unemployment rate is somehow slowing down which is a good sign that the economy is recovering. But still, the effects of recession is still evident. There's a lot of press coverage dedicated to a credit crunch. Well, there is one – banks are less willing to lend to anyone, meaning there is a credit crunch, and so if you need some short term credit, banks will be less willing to help you out. There are a lot of job losses, and that means not everyone can pay them back. Well, there are other options – you could look into payday loans. Payday loans are short term loans for small amounts that you pay back quickly, usually your next payday. Some lenders can use direct deposit – that's one of the payday loan benefits – so if you feel the credit crunch, try filling out a personal loan application.