United Payday Loan app is the best app for getting payday loans, It gives good benefits and We provide you the option to choose the amount of loan you want to from a minimum of 90 days to a maximum 180 days period of repayment. And the Maximum Annual Percentage Rate is 30%. There are no hidden charges. Our lenders offer APRs for a Payday loan from 2.5% to 30%. There is no any kind of fee of taking loan from our app.
For example, If the user takes 100$ loan, he can return money after 3 to 6 months and the interest rate will be 2.5% per month so after 3 months user will return us 107.5 $.
Calculations:
2.5% of 100$ = 2.5$.
2.5 x 3 = 7.5$.
100$ loan + 7.5$ interest = 107.5$.
Benefits:
If you request a loan for about 3months of return time you are asked to pay back 7.5% of the fee, 2.5-30% of interest rate (varies from month to month). As you choose 3 months time period after 3months you will notify to repay your dues. This is made to avoid any future misunderstandings.
There are no hidden charges. Our lenders offer APRs for a Payday loan from 2.5% to 30%
Risks:
If you will not be able to repay the loan on the allotted time, there is a spate violation rule you are asked to follow; that is most probably an increase in the interest rate from 2.5 to 30%.