Rates & Fees

The amount that you will be charged for a personal loan will vary by lender and be based on the Annual Percentage Rate (APR).

Representative APR Range

Please be aware that Payday-loans-online-direct-lenders-only.com is not a lender. We make referrals of consumers to lenders who may grant short term loans. Payday-loans-online-direct-lenders-only.com is not able to provide you with any information with regards to the likely APR on any loan, because we are not lenders. The APR on loans will vary by lender and it may also be affected by your status. The lender will provide full details of the APR, fees, and terms and conditions when you are redirected to the lender’s website during the application process.

APRs on short term loans are usually between 200% and 2,290%. It will depend on the amount of the loan, how long the loan is for, and on fees and other factors. Please bear in mind that the APR range does not represent the finance charge. That will be disclosed later.

How does a small dollar loan APR compare with the alternatives? Here is a comparison of the various options for the extension of credit of $100 for 14 days.
Product Type (single repayment) Charge APR
NSF + Bounced Check $45.00 1,173.21%
Overdraft Fee $30.00 782.14%
Late Fee $20.00 521.43%

The implications of the non-repayment and other things that you should consider

Payday-loans-online-direct-lenders-only.com is not a lender and does make a charge for the use of its service. Every lender who is a member of the Payday-loans-online-direct-lenders-only.com network will always provide consumers with the full terms and conditions of a loan before the consumer agrees to that loan. We advise all consumers to read the terms and conditions carefully before signing the loan agreement.

The implications of not paying a loan back on time

When you agree to any loan, you are agreeing to abide by the terms and conditions of that loan. That includes repaying both the principal amount the loan, plus all the finance charges, on the due date specified in the agreement. If you do not make this repayment on the date specified, in full, you may be charged additional fees and charges by the lender. Payday-loans-online-direct-lenders-only.com has no control over and no knowledge of these charges, so we are unable to advise you what they are likely to be. The loan agreement is between you and your lender. Please see your loan agreement for your lenders polices with regards to part, late or non-repayment of loans. Payday-loans-online-direct-lenders-only.com do aim to only work with lenders who pursue unpaid loans in a fair and reasonable manner.