Emergencies occur in thousands of people's lives all accross the world we have provided a way were the common person has access to emergency funds in the form of a payday loan (cash advance). A payday loan is a short term unsecured loan secured against a persons paycheck.
The Annual Percentage Rate for short term loans can range from 260% to 1825%, The smaller the loan amount, the higher the interest rate maybe. The Higher the loan amount, the lower the interest rate maybe.
Borrowers who don't pay their loans back on time will subject to late fees. Your account can be sent to a collection agency.Your account can be negatively reported to the credit bureaus,which will negatively affect your credit. Your lender may offer to extend your loan which may cause you to incur additional fees, charges and interest. Terms of your loan will be noted in the documentation that requires your electronic signature. Please read the terms of your loan before signing any document.