www.FastFunds44.com
With an instant cash advance loan it's absolutely critical that you clearly understand the terms of the loan.
In times of economic uncertainty, families search for options to get money for bills before the next paycheck comes in. One of the most popular options has become the instant cash advance loan, or payday loan. Borrowers, however, are all too frequently so intent on getting the money they need, they don't always fully understand the terms and conditions of accepting this type of loan.
Never walk out with a check unless you completely understand your obligation!
Those who have never used an instant cash advance loan in the past are sometimes shocked when they fully realize what they are getting themselves into, but they feel they have no choice. For example, if you want to borrow $400 from your next check you could figure that all you need to do next is simply go back the following week with the $400 and maybe a few bucks in interest.
Nope!
One lender online seems proud when they talk about their normally low rates as they advertise that new clients quality for a 50% discount. The more often you go back for loans, the better your discounts are (on the interest you must repay). Of course, a 50% discount looks mighty attractive to someone who is worried about interest payments, but you need to really find the small print to see that the 50% discount still amounts to hefty payments.
A $300 loan with this company comes with a 912% APR!
Yes - 912% And that's only if you are able to repay the entire amount within their 14 day period. If you're late - forget it.... move to Siberia. A 14 day $300 instant cash advance loan with this company will cost you $52. 50 in interest! So, in 14 days you need to come up with $352. 50. A new customer would get his 50% discount off the interest and "only" pay $21. 25. Still outrageous for a short term loan.
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