REPRESENTATIVE EXAMPLE. If you borrowed 2,000 over a 12 month period and the loan had a 3 arrangement fee (60), your monthly repayments would be 189.
12, with a total how does payday cash advance work amount of 2,269. 44 which including the 3 fee paid from the loan amount, would have a total cost of 329.
Representative 29. 82 APR. If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320. 12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720.
In these tough economic times many consumers are cash strapped and access to ready cash is how does payday cash advance work greatly needed. This latest product is the simplest way to get a short-term loan till your next payday.
All you need to comply for the loan is to be currently employed and have a bank account, as easy as that. On taking out your first loan with Cash Converters you will be issued a PayDay Advance customer card that will make your next advance much easier. This card can also be used at any other participating Cash Converters Store. Richard Mukheibir, the managing director of Cash Converters South Africa, says we expect to see this fantastic new product launched throughout the country during the balance of 2009 in an effort to make the product available to all South Africans.
He goes on to add that the PayDay Advance product launch in South Africa is following the international trend in response to consumers needs to readily access cash.
It is profitable to overcome hardships with us, as with time you get access to more money. We help you connect with a one of several lenders that makes the rates for dedicated customers lower if they repay in time. Our company does not provide quick money loans it provides the opportunities that can be either used or skipped. Why not take advantage of this chance. We simplified the process of online application for your convenience. It how does payday cash advance work several minutes to complete the application on our site and get the respond immediately from lender.
You do not even have to come to their office for that. Our customers value the service for affordable short term credit solution available round-the-clock all the year round. Get cash Go serves you without holidays and weekends, and we are always ready to come to help to all those who need financial support badly.
You can always rely on our team.