Your payments will be due on or around your paydays. Your interest ("Finance Charge") will be charged for each periodic billing cycle to your account by applying a daily periodic rate to the Average Daily Balance of your account for that billing cycle. We charge interest on each cash advance from the date it is posted to your Account. Interest on your Account is based on an ANNUAL PERCENTAGE RATE (APR) of 360%. To get the Daily Periodic Rate we divide the APR by 365. Your minimum payment each billing cycle equals the finance charge, 2% of the principal, and any past due amount.
Cash Advance for 7 Days | |
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Amount Borrowed: | $100 |
Total number of Days: | 7 |
Total Finance Charge: | $6.90 |
**assuming all payments made as scheduled | |
Minimum Payment Due: | $8.90 |
Pay in Full Amount: | $106.90 |
Annual Fee: | None |
Cash Advance Fee: | None |
Late Fee: | None |
APR for Cash Advance**: | 360% |
**Annual Percentage Rate. The APR is the cost of the loan expressed as a yearly rate. |
Cash Advance for 14 Days | |
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Amount Borrowed: | $100 |
Total number of Days: | 14 |
Total Finance Charge: | $13.81 |
**assuming all payments made as scheduled | |
Minimum Payment Due: | $15.81 |
Pay in Full Amount: | $113.81 |
Annual Fee: | None |
Cash Advance Fee: | None |
Late Fee: | None |
APR for Cash Advance**: | 360% |
**Annual Percentage Rate. The APR is the cost of the loan expressed as a yearly rate. |
Cash Advance for 30 Days | |
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Amount Borrowed: | $100 |
Total number of Days: | 30 |
Total Finance Charge: | $29.59 |
**assuming all payments made as scheduled | |
Minimum Payment Due: | $31.59 |
Pay in Full Amount: | $129.59 |
Annual Fee: | None |
Cash Advance Fee: | None |
Late Fee: | None |
APR for Cash Advance**: | 360% |
**Annual Percentage Rate. The APR is the cost of the loan expressed as a yearly rate. |
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