PaydayLoanPlaza.com

Cash Pay Day Loan Advance Web Directory

Home | About us | PayDay Loan FAQ | Add URL | Contact us

PayDay Loan FAQ

Home > PayDay Loan FAQ

11.	What is an A.P.R.?
12.	Is the payday loan secure and confidential?
13.	What is the due date of the payday loan?
14.	Is there any way out, if the person is unable to repay on his due date?
15.	What is the alternative if the person informs the authority that he/she want be able to repay the payday loan on the due date?
16.	What would be the extension time and extension fees?
17.	How does one repay the amount of the payday loan?
18.	Can this loan be repaid before due time?
19.	Is it possible to get the loan if the request is being made on Fridays or the weekends?
20.	In which states of America shall one get the payday loan?

11.

What is an A.P.R.?

A.P.R. is the Annualized Percentage Rate of the payday loan. This differs from company to company.

▲

Top

12.

Is the payday loan secure and confidential?

The details of the payday loan are very much secured and confidential. The security differs from company to company and to the companies policies.

▲

Top

13.

What is the due date of the payday loan?

The due date of all the payday loans is to the next payday. If the payday comes before the 7 days, the check will hold to second payday.

▲

Top

14.

Is there any way out, if the person is unable to repay on his due date?

The person should contact the money lender immediately, i.e. before 2-3 business days (depends upon company to company). Failing to this, would charge the person extra fees on top of what he/she owe to the money lender. These extra fees would also include $20.00 as NSF fee.

▲

Top

15.

What is the alternative if the person informs the authority that he/she want be able to repay the payday loan on the due date?

The alternative is that the person would get the extension to repay the payday loan.

▲

Top

16.

What would be the extension time and extension fees?

The extension time would be due to the next payday i.e. 17-18 day at the maximum which depends upon company to company. Extension fees too depend upon one company to another company.

▲

Top

17.

How does one repay the amount of the payday loan?

The person when applies for the payday loan; authorizes the money lender to directly withdraw from his/her account on his/her next payday for the amount advanced plus their fee.

▲

Top

18.

Can this loan be repaid before due time?

Definitely this loan can be repaid before due time. The person should contact the authorities regarding early repay, so that they might debit his/her account earlier than the due date. Due to this the person would be benefited by getting entitled to a refund or may get discount in the fees, depending on the date of payment.

▲

Top

19.

Is it possible to get the loan if the request is being made on Fridays or the weekends?

The loan requests made during the end of the business day would be funded on Monday and weekend request would be treated as Monday�s requests.

▲

Top

20.

In which states of America shall one get the payday loan?

In all the states of America one can get the payday loan.

▲

Top

URL : http://www.paydayloanplaza.com/payday_loan_faq1.htm
Last Modified : Friday, February 10, 2006, 09:28:08 PM