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Pay day loans are commonly known as payday loans, Payday Advances, Payday Advance Loans, and Fast money Loans.

Pay day loans are commonly known as payday loans, Payday Advances, Payday Advance Loans, and Fast money Loans.

Prices and Terms for Washington

Loan quantities: minimal loan quantity is $100.00 optimum loan quantity is $700.00 or 30 % associated with borrower’s gross income that is monthly whichever is leaner.

Predicated on your earnings as well as other facets, loan restrictions may be determined on an individual foundation.

Term of Loan: 8 times —45 Days Permitted Fees: $100.00 – $500.00 limited by 15 % for the major $500.00 – $700.00 limited by ten percent associated with principal

The price of that loan is $15.00 per $100.00 lent when it comes to first $500.00 and $10.00 per $100.00 lent for any such thing more than $500.00.

The percentage that is annual (“APR”) will be different according to the duration of your loan (see table below).

wide range of Loans: In a 12- thirty days period the utmost quantity of loans a single borrower can get is eight (8).

Example APR and Fee Schedule

The apr (“APR”) will change with regards to the amount of your loan (see dining table below). The dining table below shows the apr (“APR”) for loan quantities including $100 to $700 and loan terms which range from 7 to 31 times in total.

$ Amount Borrowed $ Costs Charged $ Amount Due Times APR Days APR Days APR
$100.00 $15.00 $115.00 7 782.14% 14 391.07% 31 176.61%
$200.00 $30.00 $230.00
$300.00 $45.00 $345.00
$500.00 $75.00 $575.00
$700.00 $95.00 $795.00 707.65% 353.83% 159.79percent

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