Community Financial Services Association Of America

Payday loans, which are also referred to as a paycheck advance or a payday advance, are small loans that are only intended for short-term use. Payday loans are popular among people because they provide you with an immediate source of cash, which ...

How they rate against alternatives The average fee for a $100 payday loan is $15.If you translate that two-week advance into an annualized rate, as on a credit card, you're looking at a 391 percent interest rate.Fee Loan Type Annual Percentage Rate ...

Kentucky Gov. Beshear wants to limit interest rates charges by payday lendersKentucky Gov. Steve Beshear is renewing his call for lawmakers to put a cap on the amount of interest payday lenders can charge customers.Beshear called Tuesday for a limit of 36 ...

Topic: Community Financial Services Association Of America

Payday loan terms

Payday Loans: How they rate against alternatives

Kentucky gov renews call for cap on payday loans

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