Today we would like to compare the different paperless payday loan rates. As you will see, we are talking about extremely high APR with this lending product.

So here is a comparison chart of the different fee structures. We are not going to list each lender off by name, but instead we are going to just list the different fees for each paperless fee model.

We are providing all of this data in the form of a table so you can directly compare what each fee structure will cost you over the length of the Payday loan term. We will be including these paycheck loan amounts;

• $100
• $150
• $200
• $250
• $300
• $350
• $400
• $450
• $500

We will be including these different fee amount based on the per $100 system. Remember to keep in mind when you see these high fees, that these are all paperless payday loans.

Paperless Payday Loan Cash Advance Comparison Tables

This is fairly thorough so the table had to be quite large. There was no real way of completing these tables quickly, so please be patient if it’s not squeaky clean in as far as formatting goes.

FEES - Paperless PDL – 7 Day Short Term

As described above…these are the FEES paid on a Paperless Payday Loan at a $30/$100 USD ratio for a seven day period.

	Column	A.	B.	C.	D.
	Fee Ratio (APR)	$30/$100 (1560% )	$20/$100 (1040%)	$15.50/$100 (806%)	$10/$100 (520%)
Row	Loan Amount	Total Repayment	Total Repayment	Total Repayment	Total Repayment
1.	$100	$130.00	$120.00	$115.50	$110.00
2.	$150	$195.00	$180.00	$173.25	$165.00
3.	$200	$260.00	$240.00	$231.00	$220.00
4.	$250	$325.00	$300.00	$288.75	$275.00
5.	$300	$390.00	$360.00	$346.50	$330.00
6.	$350	$455.00	$420.00	$404.25	$385.00
7.	$400	$520.00	$480.00	$462.00	$440.00
8.	$450	$585.00	$540.00	$519.75	$495.00
9.	$500	$650.00	$600.00	$577.50	$550.00

What you see in column A. is the typical fee rate for a paperless payday loan company. Not very often a faxless lender will lend more that $500. The reason the interest rates charged in the fee(s) is because payday lenders are doing business with borrowers who are deeply in dept and desperate to get approved for the loan.

Related posts:

1. What Paperless Payday Loan Cash Advances Cost in Fees A paperless payday loan (or paperless cash advance) will cost you dearly in fees. Usually around $30 dollars in fees for only two weeks of borrowing. You authorize the payday lender to withdrawal their principal and their fee charges directly from your bank account very...
2. Paperless Payday Loans Paperless payday loans, AKA “faxless payday loans” are served and sought after regularly online. In fact it’s only online lenders that will even offer this kind of rare lending product. Some payday lenders claim that their approval and dispursements are paperless, but they are indeed asking for...

Having Trouble Getting a Loan?

Our editors, visitors, and moderators can help.

Use the comment box at the bottom to tell us,

- how much you need to borrow
- when do you need the money
- what kind of loan product you want
- what State you reside in

Your email WILL NOT be shared. Your privacy is not
compromised - ever.

Our site has moderators - bad moods will be deleted. ;-)

Thanks for dropping by!

A LOAN CALCULATOR; Enter your loan amount, how many years, the interest rate, and payment frequency (14 for biweekly, 30 for monthly, 7 for weekly. Very helpful so you know exactly what the loan will cost you in interest payments and you will know the total COB (cost of borrowing).

Loan Amount:

Interest:

Years:

Days between payments:
30 for a Month, 7 for Week
and 14 for Bi-Weekly. Easy!

Leave a Reply

Name (required)

Mail (will not be published) (required)

Website