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Payday Loan Company Compare Payday Loan Companies To Get The Lowest Rate
By Carrie Reeder

Payday loan companies vary in the rates they charge customers. You can find low rates by comparing the offers of payday loan companies. The annual percentage rate (APR) is an easy tool to find who has the best deal. You also want to take a look at payment plans to make sure you don't get taken in by late fees.

Look For The APR

The APR is the cost of the cash advance for a year. Fortunately, the majority of people pay off their payday loan is less than 30 days so they don't pay such high fees. But by comparing the APR of several lenders, you can find the best deal.

Most often the APR will be listed in the 'FAQ' or 'How It Works' section...
[ 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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