There is no cost to apply for payday loan. PaydayLoanNy.com is not a lender, we simply search from vast nationwide database of lenders to match you with online lenders based upon your application.
We do not have any input or control over loan fees, the costs of your loan or annual percentage rate of your loan. The fees and rates associated with your loan will vary, based on numerous factors and are usually higher (on a percentage basis) than traditional bank loans such as a mortgage or home equity loan. These details will be explained thoroughly by your lender upon approval of your loan.
For example following popular payday loan lenders charge for a two week loan period.
Pay Day One
$100 borrowed results in $22.88 in finance charges
$200 borrowed results in $45.77 in finance charges
$500 borrowed results in $114.42 in finance charges
$1,000 borrowed results in $228.24 in finance charges
Cash Net USA
$100 borrowed results in $25.48 in finance charges
$200 borrowed results in $50.96 in finance charges
$500 borrowed results in $127.40 in finance charges
$1,000 borrowed results in $254.79 in finance charges
NCP Finance Limited Partnership
$100 borrowed results in $25.38 in finance charges
$200 borrowed results in $50.76 in finance charges
$500 borrowed results in $126.91 in finance charges
$1,000 borrowed results in $253.83 in finance charges
Midwest R&S Corporation
$100 borrowed results in $22.38 in finance charges
$200 borrowed results in $44.76 in finance charges
$500 borrowed results in $111.91 in finance charges
$1,000 borrowed results in $223.83 in finance charges
Before you decide to take out a payday loan, be sure to consider all your options. You may find a less expensive alternative that will help you to get out of debt quicker and easier.
When you are matched with an online lender, please thoroughly review all the information in the agreement, including the loan amount, fees, rates and all other details. There is no obligation to accept these terms until you approve the agreement. If you have a question or concern regarding the loan amount, fees or rate, please contact the lender directly. We expressly disclaim any and all liability related to your application or representations made by any lenders to whom you are referred.
We appreciate your interest. Thank you for trusting us with your cash advance needs.
