Cash One payday loan

Cash one payday loan

A cash loan is a small credit line with a short payment term. Usually ranging from $100 to $1, 000, the loans are used to help those in need pay bills, make car repairs, cover household emergencies, or help with other financial emergencies. Short term loans are a good way of getting the money you need fast, but require that you repay the debt when your next paycheck arrives.

Our lenders may offer you a loan with an APR between 390% and 780%. A 14-day, $200 loan with interest and fees of $30 charged is an example of a loan with a 390% APR. The simple interest rate on this loan, however, is 15%. The APR is a measure of the interest one would pay if a loan was rolled over continually for the duration of a full year, which is not permissible by most state laws.

If you do not pay your loan according to its terms, your lender may:

  • Charge you late fees
  • Send your account to a collection agency
  • Report your information to a consumer reporting agency, which may negatively affect your credit score

Interesting facts

  • Automated cash handling is the process of dispensing, counting and tracking cash in a bank, retail, check cashing, payday loan / advance, casino or other business environment through specially designed hardware and software for the purposes of loss prevention, theft deterrence and reducing management time for oversight of cash drawer (till...

Additional information

One Hour payday loans, Cash Advances, Online, Direct Deposit
One Hour payday loans, Cash Advances, Online, Direct Deposit
PayDay One Video Testimonial - Safe Cash Loan Lender
PayDay One Video Testimonial - Safe Cash Loan Lender
Cash Advance Or Payday Loan Which One Carries Weight In
Cash Advance Or Payday Loan Which One Carries Weight In ...
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Popular Q&A

What is the value of borrowing money?

There is no value of borrowing money. After all, you have to pay it back and often twice or 3 times as much as you originally borowed, but people do this because they want to buy (f.e a car) fast, and they can not wait to get their money by working.