Stepchange Debt Charity is the trade name of the Foundation for Credit Counseling Services, and is an independent debt counseling organization based around the United Kingdom. As the name suggests, the aim of the charity is to reduce debt, but this is not merely an individualized approach. The scope of the work of Stepchange is to offer all people in the United Kingdom access to credit-based debt help services. One thing that many people may not realize is that your credit score can have a great impact on whether you can borrow money or not. In other words, it can determine whether you can even get a loan to pay for anything. In many circumstances, your credit score is the main factor that determines whether you are accepted for credit or not. This is because payday loans and cash advances are usually very popular with those who need quick financial assistance but cannot manage to get one because of their low credit score. On the other hand, there are many other situations where borrowing money from the bank or building society is still possible but at a much higher interest rate than the market will actually allow. For most people, a low credit score is a result of a number of factors. Many people can only obtain credit through the bank or building society, and many other individuals cannot get any sort of finance at all. However, there are also a number of people who do not have a low credit score, yet have financial difficulty. These people can still borrow money, but they usually have problems meeting their repayment dates. If your financial problems are temporary in nature, there are a variety of options available to you. One option is payday credit counseling. Payday credit is a loan that can be paid back on your next paycheck, giving you extra cash each week. Payday loans are usually very convenient, and you can get money very quickly. The loan amount depends on a number of different factors, such as your income, your debts, and your financial situation at the time. Each pay day, the funds are transferred directly into your bank account without delay. However, you should always remember to make all payments on time, as this will help you to maintain a high credit score. A negative payment of a payday loan will damage your credit rating. If you choose to apply for a payday loan through StepChange, you will find that you are going to be approved without any hassle or delay. The loan company is set up to ensure that the application process goes smoothly, by doing everything necessary to make sure your application is approved. You will simply fill in a short online form, and once this has been completed, StepChange will transfer the money from your bank account. There is no faxing of documents required, or anything like that. The approval process is so quick that you will rarely even have to wait around for your money. When you complete an online application for a loan from StepChange, you will be given the option of paying off your debts all at once, or you can choose to spread your debt out over several months. Either way, you will enjoy many benefits. First, you will only have to worry about one loan instead of a large number of them. In addition, you will have the ability to pay off your debt much faster, in many cases, saving hundreds of dollars every month. Finally, your credit counseling services will be available to you free of charge, along with other credit counseling services from other reputable agencies. These services can really make a difference in your financial situation. Many people do not realize how big of a role-credit counseling plays in their everyday lives. Many StepChange customers find that their debt load is so bad that they need to file bankruptcy. Because of the great interest rates associated with StepChange loans, many people can afford to take advantage of this unique opportunity to improve their lives. When you choose to get a loan from StepChange, you are choosing to put your future back in your hands. After you have paid off your debts and negotiated your interest rates with your creditors, you will be well on your way to financial freedom. The lower interest rates, you are required to pay will allow you to save more money each month and live within a relatively small monthly budget. If you were forced to pay high interest rates on a traditional loan, for example, you would face a significant amount of extra expenses. You will be able to cut back on unnecessary spending and put more of your income towards your debts and bills. Instead, you will have more money each month to put towards your goals and dreams.