It is honestly not worth it to take out an instant payday loan. The fees for payday loans are extremely high: up to $17.50 for every $100 borrowed. Not worth it at all.
Payday loans are great in theory. You can get up to $1500 within 24 hours direct deposited right into your bank account, plus most have no credit check. But they get you in interest and they can...
It depends upon where you live. Some jurisdictions have a cap upon the percentage you can be charged. In general, however, the rate is about 15% every one or two weeks. So a 100 dollar loan costs 115...
Interest rates for payday loans vary, but they are always at least three digits. These rates start at 300% and can go above 1000%. Stay away if you can.
I think that, barring an extreme emergency, they are a bad idea. Some payday loan companies charge you as much as DOUBLE what you borrowed. Unless you have absolutely no other option, I would look...
There are many internet based payday loan companies. Shop around as many have high interest rates. Price comparison web sites may be able to help finding the best rates.