How much does a payday loan cost?
The fee for advancing a payday loan is $20 per every $100 borrowed. For example, if you borrowed $100, the fees would total $20; if your borrowed $300, the fees would then total $60. Our APR is rated according to how much you are borrowing in comparison with our perception of the overall risk. For some, these loan fees may seem high but please keep in mind that we are still providing you with a great service by offering you emergency cash coupled with convenience – when you need it. Last but not least, when you consider fees or charges associated with other financial institutions and bank NSF, bounced check and late payment fees, you still come out saving more money by using our services. Please refer to our APR Chart for details relating to the fees associated with your payday loan.
