Knowledge

http://www.paydayloaninfo.org/

This website gives background and consumer information on payday loans. Click on the links on the webpage to read more about payday loans.

Here are some Fast Facts about the rates of Top Payday Lending Companies

Cash America

The rates and fees for Cash America tend to vary from state to state. The majority of their fees are from 15-20% interest. This includes both in-store and online loans.

Here is the link to Cash America Fees by state: http://www.cashamerica.com/LoanOptions/CashAdvances/RatesandFees.aspx

CashStand

For CashStand, they use a flat rate of 15% interest in all states for online Payday loans. In store, the rate raises to 17.65%. CashStand a newer Payday Loan company that has lower interest fees than most.

Here is the link to Cash Stand Fees: http://www.cashstand.com/about-cashstand/fees/

Advance America

Advance America’s rates tend to be much higher with the majority of the fees being 20-25%. Each state varies in the amount that can be financed, and the rates between online and in-store loans differ immensely.

Here is the link to Advance America’s Rates and Fees: http://www.advanceamerica.net/apply-for-a-loan/fees

PayDayOne.com

PayDay One is the only lender that is state licensed and offers a Great Rate Guarantee. Their rates vary from 15%-22.5% from each state.

Here is the link to PayDayOne.com’s Rates and Fees in America: http://www.PayDayOne.com/loan-cost-and-terms.aspx?stateName=none

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