subject: A few things to watch out for before applying for a payday advance loan [print this page] One further thing to watch out for is the charge the payday loan company charges for your loan. The average charge is 25 for every 100 borrowed and you will see this charge on most of the major lender's websites. However, it's also possible to borrow based on how long you expect to take the loan for thus if you only want to borrow a small sum of money over a period of seven days then it would be worth looking out for a lender that offers a daily charge e.g. 1% per day. This will inevitably work out cheaper than more standard charges.
A few things to watch out for before applying for a payday advance loan
