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New Member
Posts: 3
Registered: ‎05-17-2017

PAYDAY LOANS I need money urgently.

I want to use payday loans. What is the normal rate?

Regular Contributor
Posts: 191
Registered: ‎11-29-2016

Re: PAYDAY LOANS I need money urgently.

Please do not get into the payday loan chain. It took me years to get out.  And they charge you up the ass. Are there any alternative methods you can use. And how much do you need?

As of 5/11/2017 - EQ:624 TU:664 EX:644 GOAL:750 All around the board
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Established Contributor
Posts: 967
Registered: ‎01-19-2015

Re: PAYDAY LOANS I need money urgently.

400% APR...don't do it...you'll be sorry...Smiley Wink

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FICO 8 Scores EX 728(20) EQ 693(16)TU 724(26) AAOA 3.0yrs TCL=140,050.00
Regular Contributor
Posts: 636
Registered: ‎03-28-2017
0

Re: PAYDAY LOANS I need money urgently.

How much, why, and by when?

Rebuilding through 2018: 5/17: EQ583 | TU614 | EX574
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Rebuilding towards 740
New Member
Posts: 3
Registered: ‎05-17-2017

Re: PAYDAY LOANS I need money urgently.

[ Edited ]

400% is too much! I have found from 200%. I need $ 800 for 2 months. Overpayment will be 200% / 12months / 100% X $ 800 X 2 = 266.6666  I am right?

 

 

Regular Contributor
Posts: 636
Registered: ‎03-28-2017

Re: PAYDAY LOANS I need money urgently.

That website discloses "The range for APRs is between 200% to 1386%."


1386% ouch.

 

Why do you need $800 so desperately?  Can you sell some items you don't absolutely need?  TV, video games, etc?

Rebuilding through 2018: 5/17: EQ583 | TU614 | EX574
Cap1 Secured ($3000) | Discover Secured ($2500) | Williams Sonoma Store Card ($400) | Alliant SSL | Local Bank Secured ($5000)

Rebuilding towards 740
Senior Contributor
Posts: 3,357
Registered: ‎05-25-2016

Re: PAYDAY LOANS I need money urgently.

Op plz consider other options if you have them, anything else is better than payday loans
Valued Contributor
Posts: 2,025
Registered: ‎01-10-2016

Re: PAYDAY LOANS I need money urgently.

Wow if I could lend you $800 at even 100% believe me I would... but I'd highly recommend you not go this route.
Senior Contributor
Posts: 3,558
Registered: ‎11-11-2015

Re: PAYDAY LOANS I need money urgently.


dakota3freeman wrote:

I want to use payday loans. What is the normal rate?


OP, do what you gotta do! Just make sure you are very clear what you are committing to. Make sure you understand the terms and conditions.

AMEX BCE $9000- DCU Platinum $10000- Chase FU $11700- AMEX EDP $15000- NFCU CLOC $15000- Penfed Promise $25000- Cap1 Premier Dining $25000- NFCU Go Rewards $27100- Venture $27750 **As of 5/24/17** EX- 752(21) TU- 764(17) EQ- 744(12) UTI 3%- Clean Files-
Senior Contributor
Posts: 3,558
Registered: ‎11-11-2015

Re: PAYDAY LOANS I need money urgently.

[ Edited ]

dakota3freeman wrote:

400% is too much! I have found from 200% . I need $ 800 for 2 months. Overpayment will be 200% / 12months / 100% X $ 800 X 2 = 266.6666  I am right?


Hmm, do you work for them?

AMEX BCE $9000- DCU Platinum $10000- Chase FU $11700- AMEX EDP $15000- NFCU CLOC $15000- Penfed Promise $25000- Cap1 Premier Dining $25000- NFCU Go Rewards $27100- Venture $27750 **As of 5/24/17** EX- 752(21) TU- 764(17) EQ- 744(12) UTI 3%- Clean Files-

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