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Some states have limits on how much a payday lender can charge, some have no limits and some have enough regulations in place that payday lenders dont operate in them.
This makes evaluating lenders on their rates difficult. With that in mind, we looked for the highest and lowest fee each lender charges. This gives a good baseline for how much you can expect to pay and how these lenders approach state regulations, especially in the states with no regulations.
The fees we list apply to a 100 loan for a 14-day period. Often, you see APRs listed for payday loans as high as 600.
You Could Have Up To £2000 Deposited Into Your Account Today. What are Payday Loans. Payday Loans are basically short term loans, which are intended to help you financially until your next payday. They provide convenience and an easy way to raise a small amount of money in a short space of time. The typical loan amounts usually range from £100 upto around £2000 depending on which Payday loan company you choose to borrow from. How quick are payday loans approved.