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Payday Loan Scene
Welcome to Payday Loan Scene and our great collection of tips, info and resources to help you
with your research on cash advances, cash for checks and payday loans.
 
No Faxing Cash Advance Loans Understanding Late Fees And Interest Rates
By Carrie Reeder

Cash advance loans get money in your hands in a matter of hours for those financial emergencies. With no faxing of documents, the application process takes less than five minutes. And with no credit check, approvals happen in no time.

To find the best deal on a payday loan, understand late fees and interest rates. Then ask about them before signing up with a lender.

How Cash Advance Companies Charge Their Fees

Cash advance loans are designed for a matter of weeks, so lenders charge a flat fee rather than an interest rate. Most lenders post their fees as so much to borrow a hundred dollars. On average, financing fees are about 15% or $15...
[ Read Article ]
 

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In the News
Andrea Kovach: Payday Lenders Beware: Financial Reform Law Promotes Alternative Small Dollar Loans
The Dodd-Frank Act, signed into law by President Obama on July 21, has the potential to significantly increase the number of affordable small-dollar loans available to consumers. Read More ...

Payday lender battles fee limit in court
Manitoba's crackdown on payday loan shops has hit another snag: A quick-cash company has asked a federal judge to quash new provincial caps on fees and interest rates. Read More ...

Singletary: Seeking protection on costly payday loans
Over the years, I've met too many people who were stuck in a hellish payday loan cycle, rolling one loan into another until the fees and outstanding balance crushed them. Read More ...

 

 

 
 
 

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