Payday loan APR Table

Sample Payday Loan APR Table


LOAN AMOUNT (Amount Financed)
LOAN TERM: 1 PAYMENT (# of Days)
LOAN FEE (Finance Charge)
CHECK AMOUNT (Total of Payments)
APR
$100.00
18
$15.00
$115.00
304.16%
$100.00
14
$15.00
$115.00
391.07%
$100.00
7
$15.00
$115.00
782.14%
$100.00
18
$20.00
$120.00
405.55%
$100.00
14
$20.00
$120.00
521.43%
$100.00
7
$20.00
$120.00
1042.86%
$100.00
18
$25.00
$125.00
506.94%
$100.00
14
$25.00
$125.00
651.79%
$100.00
7
$25.00
$125.00
1303.57%
$100.00
18
$30.00
$130.00
608.33%
$100.00
14
$30.00
$130.00
782.15%
$100.00
7
$30.00
$130.00
1564.28%

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