Posted by Payday Loan Cash Advances on November 06, 2004 at 19:10:38:
In Reply to: several posted by Denise on July:
A payday loan provides you with an unsecured, short-term cash advance until your payday. Customers choose payday cash advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. A cash advance loan secured by a personal check - such as a payday loan - is very expensive credit. Let's say you write a personal check for $115 to borrow $100 for up to 14 days. The check casher or payday loans lender agrees to hold the check until your next payday. At that time, depending on the particular plan, the lender deposits the check, you redeem the check by paying the $115 in cash, or you roll-over the check by paying a fee to extend the payday loan for another two weeks. In this example, the cost of the initial loan is a $15 finance charge and 391 percent APR. If you roll-over the loan three times, the finance charge would climb to $60 to borrow $100. Payday loans are simple and convenient. If you?re in a bind, our faxless payday loans will get you the cash you need before your next paycheck arrives. Fill out our online form below to apply for our no fax payday loans, and we will review your application and get back to you within 24 hours. We are your source for fast cash from payday loans. Existing members can log in easily, or you can apply for and get more details about our exciting payday loan cash.