What are Payday Loans?
What are Payday Loans? They are short term cash advances you can use to meet your emergency financial needs. They are also a great way to get extra money for a unexpected bill or a special occasion. Our fee at mypaydayloan is $25 for every $100 borrowed. An example of that would be if your borrowing $300 your payback amount owed would be $375. You generally have a two week period to repay this loan back. They will however extend the repayment period if needed to do this you will need to payback at least the minimum payment. A first time borrower can borrow up to $600.