Need Cash? Try a Low Cost Payday Loan

Posted on Friday, December 10th, 2010 at 11:55 am in Helpful Payday Loan Info

Borrowing fast cash doesn’t have to cost an arm and a leg. New low cost payday loans make it affordable to borrow short-term loans online when you need a quick injection of cash into your bank account. Read on to find out how much you can save by borrowing payday loans online instead of resorting to bank overdraft fees or credit cards.

Low Cost Payday Loans

Regulations in several states cap interest rates and service fees on payday loans to make them even more affordable for cash-strapped customers. Online lenders in several states offer service fees as low as $10 per loan, and APRs as low as 20%. You don’t have to pay high interest rates for convenient fast cash. Online payday loans usually cost less than bank overdraft fees, cash advances on your credit card, or paying your bills late.

Comparing Prices

A recent study concluded that the average American pays over 4,500% in annual interest on bank overdraft fees throughout the year. When you’re having trouble making ends meet, you can’t afford to overdraw your bank account. Similarly, late fees on credit card bills not only come with inflated interest rates over 1,000%, they also hurt your credit score. Asking for a cash advance on your credit card will cost you an additional 38% interest on top of the interest you already pay on your monthly bill.

Payday loans are the best low-cost alternative, and are approved with no credit check. That means you can get approved for a loan even if you have bad credit, as long as you earn enough in a month to repay your cash advance right away.

Don’t spend extra money on fees and interest. Get affordable cash the easy way with a low cost payday loan online.

Related posts:

  1. Low Cost Payday Loans for Cash Emergencies
  2. A Cash Advance Can Cost You Less Than Bank Fees
  3. Keeping Your Payday Loan Affordable
  4. Legal Payday Loan Regulations
  5. APR on Online Cash Advances

3 Easy Steps to Get Your Quick Cash


Complete the short form.


Receive your approval and confirm loan.


Cash deposited into your account.