FlashLoans.com Interest Rates
| Are You Eligible For A Flash Loan? |
FlashLoans.com Payday and Cash Advance Loans are small
cash loans & short-term advances that are due on the borrower's next
payday, unless that payday is four days away from your loan date. In these
cases your FlashLoan will be due on the second payday after the loan date. The
maximum loan term is 21 days.
Although payday loans are short-term cash advances intended to be paid off
quickly, various Truth-in-Lending laws require financing disclosures
to be expressed as an Annual Percentage Rate (APR), or the cost of the credit
advanced to you expressed as an annual rate. This requirement provides
uniformity among various credit sources, so you can compare rates and make the
choice that is right for you.
The following table provides examples of the cost to obtain a payday loan from
FlashLoans.com. The APRs are based on example loan terms of one payment
("Repayment Amount") due in 21, 18, 14, and 7 days. Since FlashLoans.com
charges a fixed fee per loan, the effective APR of a FlashLoan will increase if
the actual loan term is shorter than shown in these examples.
| LOAN
AMOUNT (Amount Financed) |
LOAN TERM: 1 PAYMENT (# of
Days) |
LOAN FEE (Finance Charge) |
REPAYMENT AMOUNT (Total of
Payments) |
EFFECTIVE
APR |
| $100.00 |
21 |
$30.00 |
$130.00 |
521.42% |
| $100.00 |
18 |
$30.00 |
$130.00 |
608.33% |
| $100.00 |
14 |
$30.00 |
$130.00 |
782.14% |
| $100.00 |
7 |
$30.00 |
$130.00 |
1564.28% |
| $200.00 |
21 |
$60.00 |
$260.00 |
521.42% |
| $200.00 |
18 |
$60.00 |
$260.00 |
608.33% |
| $200.00 |
14 |
$60.00 |
$260.00 |
782.14% |
| $200.00 |
7 |
$60.00 |
$260.00 |
1564.28% |
| $300.00 |
21 |
$90.00 |
$390.00 |
521.42% |
| $300.00 |
18 |
$90.00 |
$390.00 |
608.33% |
| $300.00 |
14 |
$90.00 |
$390.00 |
782.14% |
| $300.00 |
7 |
$90.00 |
$390.00 |
1564.28% |
| $400.00 |
21 |
$120.00 |
$520.00 |
521.42% |
| $400.00 |
18 |
$120.00 |
$520.00 |
608.33% |
| $400.00 |
14 |
$120.00 |
$520.00 |
782.14% |
| $400.00 |
7 |
$120.00 |
$520.00 |
1564.28% |
| $500.00 |
21 |
$150.00 |
$650.00 |
521.42% |
| $500.00 |
18 |
$150.00 |
$650.00 |
608.33% |
| $500.00 |
14 |
$150.00 |
$650.00 |
782.14% |
| $500.00 |
7 |
$150.00 |
$650.00 |
1564.28% |
If you have any questions about our rates,
fees, terms or other issues, we encourage you to contact our Customer
Service Department at 800-748-8170 prior to applying for a loan.
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