Cash Advance Fees/APR
Payday advances are not advised for longer duration payday loans. Payday advances charge a one-time charge for the advance rather than interest. This cost is 15% for the face value of the post dated check written towards the wage advance business and held until the customer’s payday that is next. As an example, if a person borrows a $100, a check would be written by them for $117.65 dated for their next payday. Continue reading Cash advance charges derive from a customer’s payday as they are mainly utilized as a lending that is short-term or advance loan.