QWhat Will It Cost To Me?
ATypically... a cash advance of $100 could cost between $15 to $25. So if you borrow $100 you can expect to payback a total of approximately $125 The Cash Advance Payday Loan industry has been the subject of criticism because if compared to a bank or credit union, using the same repayment period, the interest rate is much higher. However they are considered much higher risk loans because no credit check is performed, and there is very little documentation. Cash advance loans are designed for emergency situations! When you are short on cash and need money fast! Family emergencies, unexpected car repairs, overdrafts, telephone reconnection, the rent is due, etc. Some companies post their fees right on their websites. With other companies the actual fees for the particular amount you request are determined based on the information you provide when you submit your application.