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Where can I get a payday loan with a realistic interest rate?

donepoppedup asked:

I am looking for a payday loan that is not going to cost me more then the initial loan. Any help would be greatly appreciated.
Asked on: 2009-02-02 10:39:05


  1. Chavabratt says:

    They are hard to find. The rates are always high. But the lowest one..about 20% is ACE Cash Express.

  2. Really, nowhere. Everywhere that you are going to go will charge you ridiculous interest rates. Either apply for a loan through a credit union or a bank. Because of payday loans and the interest rates, military members are now protected from the really really high interest rates. Even saying that doesn’t make it better.

  3. lilia says:

    Unfortunately there is no such place. They all have huge interest rates and once you have given them your check they can continue to take money, lots, out of your bank account until it is paid off. The interest can sometimes be double the loan. It just isn’t safe no matter how desperate you are.

    I hope you can find another way to solve your problem and am sorry you are in this situation. There is no such thing as a payday loan with a realistic interest rate. The government lets them get away with these terrible things. People, desperate people have lost their houses their cars. They will drain your bank account and you will have no money. Please listen! I wish you the best of luck!

  4. Jason says:

    I’ve searched all around for a quick payday loan cash advance online, and the best one I found, and that I’ve used a several times was – the interest rate is really low and they put the funds in by the next day. I hope this helps you, good luck!

  5. Dave says:

    Here, this is the absolute best payday loan company: .

    Honestly I’ve been through like 13 different ones and they’re the cheapest. I’ve used them like 3 times now. They have a discount price for first-timers too.

    Check them out and be sure to use referral code: XJNZQE
    Tell ’em a friend sent ya.

  6. Nick S says:

    First, check with your bank and see if they offer an overdraft protection tied to line of credit.

    In the source box is a great consumer site that advises consumers about the risk of payday loans.

    Typically, payday loan fees do NOT go above 25% of the amount borrowed (~ 650% APR for a 14-day loan) of the amount advanced. To pay the same amount in interest as you borrowed, you would have to take out 4 consecutive loans.

    I think you’re probably looking for the most honest, best deal out there? If you want the funds deposited in your bank account, you can search the internet for payday loan or you can open your yellow pages and call around where you live.

    It’s very hard to get a straight answer for pricing, so your best bet is to as how much you will pay if you borrow X amount or what is the interest rate. If they don’t give you this information, over the phone, they’re probably not honest and I would avoid them. If you can find an interest rate under 400% (equivalent of $15/$100 borrowed) that’s a relatively good price for a payday loan.

    I work for a payday loan software company so I know what people typically charge. Good luck!

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