Disclosure
Customers
choose a payday loan or cash advance for unexpected
expenses such as car repairs, paying rent on time,
to preserve their credit rating, or avoiding late
payment penalties.
Payday
loans and cash advances provide a means of acquiring
cash of up to $1500 (but between $100-300 for first
time applicants) in a very short amount of time.
Compared to a bank, which can take 1 – 2 weeks
to process a loan application, a payday loan is often
your fastest way to get the cash you need when you
need it most.
Most
banks are unlikely to loan under $1500, making a
short-term cash advance one of the most viable options
for unexpected expenses, or when you just want money
for the weekend but can’t wait until payday.
A
payday loan isn’t always for everyone, but
when you consider that if your utility bill was going
to be paid late and you were facing a $47 late/reconnect
fee, rent was due, or you were concerned about protecting
your credit rating, it might start to make sense.
Used responsibly, a short term loan it can help in
numerous ways.
The
table below provides the fees associated with the
cost of borrowing with SonicPayday.com:
Fee
Schedule For 14 Day Loan |
Advance
Amount |
Finance
Charge |
Total
Loan Amount |
$100.00 |
$27.00 |
$127.00 |
$200.00 |
$54.00 |
$254.00 |
$300.00 |
$81.00 |
$381.00 |
$400.00 |
$108.00 |
$508.00 |
$500.00 |
$135.00 |
$635.00 |
$600.00 |
$162.00 |
$762.00 |
$700.00 |
$189.00 |
$889.00 |
$800.00 |
$216.00 |
$1016.00 |
$900.00 |
$243.00 |
$1143.00 |
$1000.00 |
$270.00 |
$1270.00 |
$1100.00 |
$297.00 |
$1397.00 |
$1200.00 |
$324.00 |
$1524.00 |
$1300.00 |
$351.00 |
$1651.00 |
$1400.00 |
$378.00 |
$1778.00 |
$1500.00 |
$405.00 |
$1905.00 |
*Finance
charges are calculated on the basis of $27.00
per $100.
The minimum loan is $100. The maximum loan term
is 14 days. |
This
service may or may not be available in your particular
state.
The states this site services may change from time
to time without notice |