Payday loans are short-term cash advances designed to meet your emergency financial needs. Payday loans are also perfect for those times when you need a little extra cash for unexpected bills or special occasions. The fee for a cash advance is $25.00 for every $100.00 borrowed.
For example, payday loans in the amount of $300.00 have a payback amount of $375.00. Payday loans are generally paid back within two weeks, however, you can extend the payday loan. To extend payday loans you simply make at least the minimum payment owed on the cash advance. First-time borrowers of payday loans can request up to $400.00, and first-time customers get a free cash advance.