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What Does A.P.R. Mean?

A.P.R. stands for Annual Percentage Rate.

A.P.R. stands for annual percentage rate. This is essentially the cost of a loan based over a one year period. Because payday advances are short term loans, lenders charge a single flat fee. 

More Payday Loan Information Videos

What Is A Payday Advance?: A payday advance is a short term loan that most people get when they ... Play Video
What Can I Use My Advance For?: It’s up to you to decide what you’d like to use your payday advance ... Play Video
Will I Be Approved?: When you use PayDay2Go.com, being approved for a loan is easy. Most of ... Play Video
I Have Bad Credit. Will I Still Qualify?: Like many people, you might have bad credit, or maybe you have no ... Play Video
How Long Does It Take To Apply?: Applying for a payday loan with our secure online system only takes a ... Play Video
How Does Your System Work?: Our entire payday loan application system is online. Play Video
Is My Application Secure?: Our online system is completely secure. We use state-of-the-art ... Play Video
Do I Need To Fax Paperwork?: 99% of the time, our lenders will not require you to fax any documents ... Play Video
How Soon Will I Receive The Money?: Most of the time, borrowers are able to get the money into their ... Play Video
How Will The Money Get Into My Account?: Our lenders directly deposit money into your account. Play Video
How Soon Will I Find Out If I'm Approved?: Most of the time, our applicants get approval in just a few minutes. Play Video
How Do I Repay The Loan?: Most payday loans completed through our lenders are paid back with ... Play Video
When Do I Need To Pay The Money Back?: In most cases, you will pay the money back the next time you’re paid. Play Video
Can't Pay Back The Loan When It's Due?: Sometimes, hard times continue and we can’t pay back the loan on the ... Play Video
Can I Get An Extension?: If you received a payday loan and know that you won’t have the money ... Play Video
Can I Pay The Money Back Early?: If you got a payday loan and want to pay the money back early, this is ... Play Video
How Much Can I Borrow?: The amount of money you can borrow with a payday loan will vary ... Play Video
Cash Advances On Fridays and Weekends: If you apply for a cash advance on Friday, most lenders will process ... Play Video
How Much Will It Cost For A Payday Loan?: Each lender will have its own fee structure for payday loans. Play Video