Thursday, April 23, 2020

Pa. Attorney General Announces Payday Loan Relief Settlement CBS Pittsburgh

Pennsylvania Payday Loans

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Most payday loans have a 14-day term and interest around $15 per $100. Using this example, you would repay $115 after the two weeks ended. However, you can also opt to pay $15 and roll the $100 payment into another 14-day term, adding another $15 in interest and making the total cost of the loan $130 instead of $115.

If your credit cards aren't maxed out and your desired sum is within your credit limit, a credit card advance could be a least bad" option. Be cautious: credit card companies charge steep interest rates on cash advances If you miss a payment, you may incur penalty interest rates or the credit card company may close your account. But if you are sure that your can repay the loan before the closing date, this is a great way to get fast cash.

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