Payday Loan Rates Interest & Terms

The fees for Payday Loans are state regulated at a set price for short-term transactions, typically $15 per $100 borrowed.

A payday loan from Payday Today is a great alternative to other short-term payment solutions because they are usually a lower cost option compared to bank overdraft, bounced check, late payment, or utility re-connection fees.

Payday Loan Fees vs Alternatives

Sources: Consumer Federation of America Survey of Online Payday Loan Sites, 2011; CFPB CARD Act Report and Study of Overdraft Programs, 2013; Readex Research National Data on Short-Term Credit Alternatives, 2006; Checking Account Survey, 2014; Moebs Services, 2012.

Fee schedule