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Altus Payday Loan


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Most online Altus Payday Loan lenders offer clients the option of "rolling over" a loan, meaning that the loan is extended to the next payday. The client can contact a lender and request to extend the repayment date to the next payday. In most cases the fees charged will double, meaning a $300 payday loan "rolled over" would incur a total fee of $60, requiring a repayment of $420. Extending repayment dates is something that consumers should approach with caution as the resulting fees accumulate quickly.

Altus Payday Loan are an alternative to bouncing checks, pawning personal property, or borrowing money from family and friends. Consumers may also use payday loans to avoid late-payment penalties and negative marks on credit ratings. Ideally, individuals have money saved from each paycheck to prepare for financial shortfalls or unexpected expenses.

Currently, fees charged on Altus Payday Loan range from $15 to $30 on each $100 advanced. The cost of getting payday loans should be viewed as a service charge. According to market research, banks and merchants charge an average non-sufficient funds fee of $24 per check. Credit card companies impose an average late fee of $26, while auto finance companies charge $23. In contrast, the average finance charge on a Altus Payday Loan is about $18 per $100 borrowed.
First Name:
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I have a regular source of income.
I receive at least $1000/month.
I have a bank account.
 
 
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