Payday Loans Costing Money
Friday, November 6th, 2009 at 5:26 am
Comments (2)
Payday loans can cost a fortune. If you apply for payday loan in the amount, $300 you'll pay back $360, i.e. if you do not roll over the loan another two weeks. Rollovers are costly. In fact, rollovers set up the guideline for high interest rates. In other words, payday loans have APR, or annual ...
