|
Interest rates charged
by payday check stores as high as 1826% on a $100 loan*
By Stephen
Rothman • Bankrate.com
| Store |
State |
Fee |
7 day APR |
14 day APR |
| Check X Change |
OH |
$13 |
678% |
339% |
| Fast Cash |
CA |
$15 |
782% |
391% |
| Ace Cash Express |
FL |
$22.58 |
666% |
333% |
| E-Z Pay |
MO |
$15 |
782% |
391% |
| E-Z Cash |
PA |
$15 |
782% |
391% |
| A-Acme Ck Cash |
CO |
$20 |
1042% |
521% |
| Check X-Change |
WA |
$15 |
782% |
391% |
| Checkman |
TX |
$35 |
1826% |
913% |
* 1997 Consumer
Federation of America survey.
-- Posted: February 17, 1998
|
