利用者‐会話:Fpfy50yu823a

-- Fpfy50yu823a 2012年2月15日 (水) 06:47 (UTC)
GET Money Until PAYDAY! . . . $100 OR Much more. . . Fast. The ads are on the radio, tv, the Internet, even in the mail. They refer to cash advance loans or a payday loan - which come at a very high value. Check cashers, finance firms and other folks are making tiny, short-term, high-rate loans that go by a variety of names: payday loans, cash advance loans, check advance loans, post-dated check loans or deferred deposit check loans. Typically, a borrower writes a personal check payable to the lender for the quantity he or she wishes to borrow plus a fee. The organization gives the borrower the quantity of the check minus the fee. Fees charged for money advance loans or a payday loan are usually a percentage of the face value of the check or a fee charged per quantity borrowed - say, for each and every $50 or $100 loaned. If you extend or roll-over the loan - say for another two weeks - you will spend the fees for every extension. Under the Truth in Lending Act, the cost of payday loans - like other types of credit - must be disclosed. Amongst other information, you should receive, in writing, the finance charge (a dollar quantity) and the annual percentage rate or APR (the price of credit on a yearly basis). Loans secured by a individual check - such as a payday loan - is really pricey credit. Let's say you write a personal check for $115 to borrow $100 for up to 14 days. The check casher or payday lender agrees to hold the check until your next payday. At that time, depending on the distinct strategy, the lender deposits the check, you redeem the check by paying the $115 in cash, or you roll-over the check by paying a fee to extend the loan for another two weeks. In this example, the expense of the initial loan is a $15 finance charge and 391 percent APR. If you roll-over the loan three occasions, the finance charge would climb to $60 to borrow $100.Exactly where to Complain If you think your lender has violated the law, you might wish to speak to the lender or loan servicer to register your issues. payday loan benefits