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'Payday loans' are small, short-term instant pay day loans made by check cashers or similar businesses at comparatively higher interest rates. Typically, a borrower writes a personal check for $100 to $700, plus a fee, payable to the lender. The lender agrees to hold the check until the borrower's next payday, usually one week to one month later, only then will the check be deposited.
Cash One, a premier direct lender of personal emergency money, charges 521.43% APR (Annual Percentage Rate) on all loans for the exact number of days that you borrow. You can determine your finance fee by using our Loan_Calculator or by multiplying the amount borrowed by 5.2143 (521.43%), divided by 365, times the number of days to your due date. For example, if you borrow $300 for 15 days, your finance fee will be $64.28= $300.00 x 5.2143 / 365 x 15. If you borrow $100 for 18 days, your finance fee will be $25.72 = $100.00 x 5.2143 / 365 x 18.
The fast payday loan amounts available depend on the borrower's earnings and approval. To find out if you are eligible for a payroll cash advance loan, check out our basic requirements and if you are still interested, just fill out our simple online application form and you’ll be on the road to fast cash.
Apply now only for an almost instant payday loan at CashOne.com. |