If i got a 400 dollar payday loan how much method rate would i have to pay back?

Posted by admin on Oct 26, 2011 in Consolidate Payday Loans | 7 comments

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by amanky

Question by egbgebeg: Whenever i got a 400 dollar payday loan how much method rate would i have to pay back?
I would like to to turned a payday loan several nevertheless i do not would like to to end up paying 2 times the numeral back….I do plan over paying the loan back in complete over my next paycheck in 2 weeks.

Best answer:

Answer by Saji82NO
dont turned a payday loan whenever you have a steady paycheck call the people you have to pay bills to as well as tell them they have to wait as for their money.

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7 Responses to “If i got a 400 dollar payday loan how much method rate would i have to pay back?”

1. Toni says:

   October 26, 2011 at 10:55 am

   The fees are usually only about $ 50.
   The problem comes in if you can’t pay it back on time.
   There is about a $ 40 late fee, and then they re-new the loan with another $ 50 fee.
   Then you get in over your head and can’t pay that larger amount.
   Then they continue to re-new the loan and tack on late fees.

   Only do a payday loan if you are 100% sure you can pay it back in full…

   Reply
2. Payton says:

   October 26, 2011 at 11:19 am

   I would not do it as you will pay a large fee and then you will never get away from them. that’s what they count on, is that you will be back every week and you will hooked on them. just try to get by the best you can, or even as a friend for a little.

   Reply
3. Catiger says:

   October 26, 2011 at 11:33 am

   To answer your question, we must know the interest rate of your loan (e.g. 10% ?) and the term conditions (i.e. interest calculated monthly, daily. annually,etc.).

   Reply
4. STEVEN F says:

   October 26, 2011 at 12:00 pm

   You are ALWAYS better of WAITING the 2 weeks than getting a payday loan. Even if that means DEFAULTING on an existing loan, the late fees will cost you less than the payday loan.

   Reply
5. geez louise says:

   October 26, 2011 at 12:37 pm

   Those things are such a ripoff you might as well borrow the money down at the docks.

   Just limit your spending so you are not running out before payday. You are just ending up with less money.

   Reply
6. ? says:

   October 26, 2011 at 1:29 pm

   hi
   There are lot of loan sites or options that may confuse to get right one.i have used it.if you want a payday loan for emergency money needs .here some good

   http://www.bestpaydayloancompanies.com

   good luck!..

   Reply
7. leisha chesher says:

   October 26, 2011 at 2:19 pm

   I had a similar situation not long ago. Play it safe by click on first and fifth links here; http://www.loansguide.tk

   Reply