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First day loan interest rate?

Discussion in 'Payday loans' started by MyNameIsBort, Jan 16, 2016.

  1. MyNameIsBort

    MyNameIsBort Member

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    Do First Day Loan charge a lower interest rate than the usual native lender? I've read somewhere their interest rates are as low as 9%! That seems too good to be true, though, so I thought I'd ask!
     
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  2. Miley Mohawk

    Miley Mohawk New Member

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    I also this this sounds too good to be true, but the fact of the matter is, First Day Loan will fully disclose all details you need to know about, in your proposed agreement. Their website says their APR can range between 36% and 690%, but they don't give any more details. Where did you read about the 9% interest rate? Are you sure it wasn't a typo?
     

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