Payday Loan Fee Comparison

By pyday | Mar 7, 2010

This video about how the APR or Annual percentage Rate on a payday loan loan balance is compared to a credit card late fee or bounced check fee is interesting. Many people don’t think about or understand why short term loans like payday loans carry a higher APR but the video below gives a good explanation.

Check ‘n Go Comparing Payday Loans, Credit Cards & Checks

Most of us live paycheck to paycheck. So it’s no surprise that you won’t have enough to cover unexpected expenses. That’s when you need Check ‘n Go. For a nominal fee, you could get the cash you need to hold you over until next payday. For many families, it’s an inexpensive alternative to credit card or bank fees. It’s not magic, just math. Visit us www.yellowpages.com

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