Pay day loans also referred to as payday loans, check advance loans, deferred deposit loans, and post dated check loans are short-term, high interest loans in levels of $100 to $1,000 from a payday lender’s store, on the web, and even some banking institutions. Because of their high interest levels up to 300 % APR (apr) payday advances are illegal in certain states. What’s unlawful in every continuing states are payday financing frauds. Continue reading