Payday Loan Jargon Buster

Same day transfer: Some padyay lenders pay you immediately, some take a few days. Always be careful when selecting a same day transfer padyay lender – some charge for the privlege of fast cash! Always read the terms and conditions

Charges/Interest Rate: Charges differ from APR – a charge is the percentage sum that a payday loan company will take from your loan as interest. Most lenders typically charge in the region of 25%