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Pay day loans have a small amount of interest usually if you pay them back when you get your paycheck, it should only cost 2 to 4 percent. However, if you get a larger loan from a company that is not well known, you may be looking at a lot more.

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Q: What is a typical interest rate for a pay day loan?
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What is the typical interest rate for a pay day loan?

Interest rates are extremely high on pay day loans. The typical fee for a pay day loan is $17.50 for every $100. The interest rates can be as much as 911%. Many borrows end up paying more in interest then what they initially borrowed.


What is the interest rate of the Wachovia home equity loan?

The interest rate of a Wachovia home equity loan varies greatly. The rate can change from day to day, depending on the market value on the day you apply. If you are interested and it is a low rate, that is when you should "lock in" your rate.


What is the average interest rate on same day payday loans?

The average interest rate on a same day payday loan can be over 900 % for a one week loan, over 400 % for a two week loan and 200 % for a one month loan.


what is the lowest interest rate you can get with excellent credit?

The lowest interest rate varies day to day as of now (2009) you could probably get a 5-5.25% rate on a 30 year loan.


do you have a loan for people with bad credit?

I need a loan to get a fresh start AND I will pay back a larger interest rate for the assistantance. autorize credit loan If it is for an auto, try Americredit. The interest rate is ridiculous, but you'll probably get the loan. You can get a pay day loan


If a 22-day single payment loan has a periodic interest rate of 7.8 what is the approximate APR of the loan?

129.4%


Candis took out a pay day loan with an effective interest rate of 15400 if she had $220 to invest for a year at this interest rate how much would she make in interest.?

At 15400% she would make 33880 in interest.


What is a interested change date?

If you mean "what is an interest change date" it means the date when the interest rate on a loan changes when the loan is an "adjustable" or "floating rate" rate loan. A lot of home loans, for example, are "ARMs" or adjustable rate mortgages, and change usually on an annual date. Some debts are so related to interest rates that they may change every time the interest rate it is "tied to" changes, such as loan where whatever the prime rate of interest is "from time to time" is the interest rate, and "from time to time" literally could mean once every day if it changes that often!


What is the current average interest rate for a home equity loan?

The most recent average interest rate (as of 6/05/13) for a home equity loan is 6.09%. Let it be noted that this rate changes every minute, hour, day, and month.


Where can you get a same day loan from?

Many loan companies offer same day loans though at a higher interest rate than normal. Most same day loans are in the form of a cash advance with a paycheck as collateral.


What was the highest interest rate between 1975 and 1983?

Here in Australia, I think the ordinary loan rate went to about 18.5%, and the Overdraft Rate went to about 24%, and that was with the Commonwealth Bank of the day.


Where can I apply for an emergency payday loan?

There should be a listing of pay day loan businesses in your phone book, which can direct you to the closest one in your area and give you the ability to compare them to find the best interest rate.