Having a typical loan that is payday you may compose a personalcheck for $115 to borrow $100 for 14 days, until payday. The annualpercentage price (APR) in this instance is 390 %! Pay day loans areillegal in a few states.
Another high cost way to borrow cash is really an income tax refund loan. This sort of credit allows you obtain an advance for a taxation reimbursement. APRsas high as 774percent were reported.