Online PayDay Loans & Cash Advance Lenders Ranked
  • Who has the lowest APR cash lending rates?
  • Which PayDay loan lenders offer no Fax loans?
  • Informative articles on PayDay loans & Cash Advance
Home arrow PayDay Loan Glossary
PayDay Loan Shopper Glossary

A

Annual Percentage Rate- APR
The effective interest rate charged over a period of one yeay for a loan. The percentage rate is a result of the calcualtion considering the total amount financed and the finance charges.