How Much Does It Cost?

YOUR FIRST LOAN WILL COST YOU ONLY A PENNEY!

You pay back only one cent more than you borrow on your first loan, nothing else, no hidden fees or charges.

There are no other fee’s associated with your first loan. You will only repay one cent over the amount you borrow! After that, when you take out an advance, regardless of the amount, it’s simply a $45 fee. Then $30 for each week you have your cash advance – for a maximum of 6 weeks.

You are dealing directly with CashDoctors and there are no brokerage fee’s that drive up costs!

Why does your APR seem so high?
The rules and regulations that govern financial payday loans companies like ours state that we must show you the Annual Percentage Rate (APR).
APR’s are calculated based on paying a fixed amount of interest annually, are more intended for mortgages and credit cards and do not suit cash loans.
If you borrowed $100 and paid back $25 every month for a year it would be very expensive.
However, payday loans are taken for a maximum term of 31 days, and so APR’s are not the best way to measure how competitive our rates are.

We would prefer to focus on the amount you pay back in total rather than on APR. We are confident that we offer the most competitive rates in the market for this service.