Fees: Most payday
loan sites charge a fee per $ 100 borrowed.
Not exact matches
Other payday
loan sites have minimum interest
charges of 100 - 200 percent.
The goal of many payday
loan sites is to keep
charging you a bunch of interest on your
loans for as long as they can.
The operator of the present
site has nothing to do with any credit resolutions, that's why the consumers should approach the lenders directly as to the terms of
loans, application status or fees and rates
charged.
Of the 17,635
loans originated on the
site to the end of 2007, nearly 39 % of them (6,875) eventually defaulted or were
charged - off.
The great car buying advice
site, Edmunds, advises to keep
loan terms under five years, and reports that two additional years on a
loan of a Honda Accord would add more than $ 3,400 in interest
charges.
While Cash Advance has no extra fees, it does
charge one of the largest APRs for a payday
loan site, so if you think you might not be able to pay your
loan back quickly, it might be smart to look for a different payday
loan service.
A reputable
site usually will not
charge a fee for joining or making a
loan request.
* Notwithstanding anything to the contrary contained herein, in no event shall the interest rate contracted for,
charged, or received exceed the maximum rate allowed by law for a commercial
loan within the appropriate jurisdiction as embodied in this
site.