Sunday, March 10, 2013

hERE ARE MYPAYDAYLOAN.COM INTEREST RATES


MYPAYDAYLOAN.COM

Mypaydayloan.com leading Payday Advance Loans & Small Cash Loans Providers Cost Credit Facts

The Cost of Credit - Facts You Need To Know!
Christmas Payday loans are small cash loans & short-term advances that are due on your next payday, if your next payday is within 4 days away from your loan date, you are charged a flat fee interest rate. In this case your Holiday Cash will be due on your second payday. The maximum loan term is 14 days.

With a payday loan you are charged a flat fee no matter when your cash loan is repaid (subject to the 14 day maximum loan term). Because the fees are fixed per loan amount, the Annual Percentage Rate (APR) will vary depending on the number of days that pass between the date you receive your advance and the day you repay the loan. There is no refund of fees for early repayment.
Although payday loans are short-term advances intended to be paid off quickly, various Truth-in-Lending laws require financing disclosures to be expressed as an Annual Percentage Rate (APR), or the cost of the credit advanced to you expressed as an annual rate. This requirement provides uniformity among various credit sources, so you can compare rates and make the choice that is right for you.
The following table provides examples of the cost to obtain a payday loan. The APRs are based on example loan terms of one payment ("Check Amount") due in 18, 14, and 7 days. The APR will increase if the actual loan term is shorter than these examples.

LOAN AMOUNT (Amount Financed)	LOAN TERM: 1 PAYMENT (# of Days)	LOAN FEE (Finance Charge)	CHECK AMOUNT (Total of Payments)	APR
$100.00	18	$30.00	$130.00	608.33%
$100.00	14	$30.00	$130.00	782.15%
$100.00	7	$30.00	$130.00	1564.29%
$200.00	18	$60.00	$260.00	608.33%
$200.00	14	$60.00	$260.00	782.15%
$200.00	7	$60.00	$260.00	1564.29%
$300.00	18	$90.00	$390.00	608.33%
$300.00	14	$90.00	$390.00	782.15%
$300.00	7	$90.00	$390.00	1564.29%
$400.00	18	$120.00	$520.00	608.33%
$400.00	14	$120.00	$520.00	782.15%
$400.00	7	$120.00	$520.00	1564.29%
$500.00	18	$150.00	$650.00	608.33%
$500.00	14	$150.00	$650.00	782.15%
$500.00	7	$150.00	$650.00	1564.29%

This service does not constitute an offer or solicitation for short term payday loans in all states. This service may or may not be available in your particular state. The states this site services may change from time to time without notice. All aspects and transactions on this site, will be deemed to have taken place in our office in Costa Rica, regardless of where you may be viewing or accessing this site. Borrower is responsible for complying with any local statutory obligations that may exist in their state or area with respect to any transactions with Mypaydayloan.com

Loan Increase

If you were debited within the past 5 days or If you have a payment due within the next 5 days, you will not be able to login until we receive confirmation for your payment. Additionally, your available credit amount must be $100.00 or more in order to be eligible for an extension.

This service does not constitute an offer or solicitation for short term loans in all states. This service may or may not be available in your particular state. The states this site services may change from time to time without notice. All aspects and transactions on this site, will be deemed to have taken place in our office in Costa Rica, regardless of where you may be viewing or accessing this site. Borrower is responsible for complying with any local statutory obligations that may exist in their state or area with respect to any transactions with Mypaydayloan.com

Free payday loans and cash advances

MyPayDayLoan.com, a top payday advance lender, can offer you a free bad credit loan if you’re a first-time customer. Our free payday loans and our cash advances can be done completely online without any hassle to you. Our cash advances don't require a fax, allowing for a truly paperless and faxless cheap loan. Apply now for your free payday loans or cash advance and receive your cash advance the very next business day. Our friendly payday loan staff is on hand to answer any no fax payday loans or cash advance question you may have. You may also want to try our new United Kingdom payday loans service. If you are looking for an easy way to get a check advances then an easy check advance from MyPayadyloan.com is the way to go.

Requirements for a payday loan:

- You must have a CHECKING account that is at least 3 months old
- You must be currently employed
- You must have email and internet access

*The free loan program is run as a promotion and may not always be available.

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