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People with bad credit sometimes turn to payday loans at payday advance companies. These loans can have exorbitant interest rates, sometimes being as much as 400% APR.

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Q: What interest rates are charged to people with bad credit at payday advance companies?
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Related questions

What is the interest charged by Chase credit cards?

Like almost all credit card companies, Chase offers a number of different credit cards. The interest charged by Chase ranges from only a few percent to close to a standard rate (20% at most credit card companies).


What cash advance companies offer a credit card?

There are many credit card companies that offer cash advances but not as many cash advance companies that offer credit cards. Some of cash advance companies are Payday Loans and Advance America.


Can ATMs take your credit card?

You can call your credit card company and have a PIN assigned to your credit card, so you can use it to get cash at ATMs. Mind you, this money is considered a cash advance and the fees and interest charged will be higher.


Is it lawful for credit card companies to charge unfair high credit card rates?

There are legal limits to how much interest can be charged. Usury rates are different in each state, most credit card companies are smart enough not to break the law.


What is retail interest charged by credit card?

Usury


Where can one get an advance credit card?

Advance credit cards can be obtained from many different companies that offer credit cards. Some examples of these companies include Bank of America and Capital One.


Is getting a cash advance online legit or is this a way for your credit information to be stolen?

Cash Advance Online is legitamite if you find an outlet of a national chain that has physical locations. But the interest you are being charged makes this a horrible finiancial decision.


Which companies will give a bad credit cash advance?

There are nearly no companies that will give a bad credit cash advance. Companies that are able to give this service are monitored by federal groups which prevent them from treating customers badly.


Which companies offer interest free credit cards?

Chase, Citi and Capital One are companies that offer interest free credit cards. These interest free credit cards most often do not stay interest free. They are interest free for a certain amount of time.


How do credit card companies earn profits?

Credit card companies earn profits by charging interest.


Can you use a credit card to take away money from ATM?

Yes. However, this is considered a cash advance and you can be charged in excess of 30% interest on the amount withdrawn. Its best to avoid this if possible.


What kind of interest will be deducted from my tax refund if I get a tax refund advance?

There are several different ways to get your tax refund advance loan. It can be very quick and easy. Most all companies that provide tax refund loans will require you to do a efile tax return as a prerequisite to a tax refund advance. The intrest charged depends on a few factors but the most important is your credit history. Intrest can be 5% to 60% deducted if you chose to get an advance.