Payday Loan & Installment Loan APR Calculator

By | Apr 9, 2017

APR Calculator & Fees for Installment and Payday Loans APR Formula: [Note: Click LINK below to download a PDF of this Formula.] 100 X 365/D X (C/L -1) =APR Where: D = number of days of loan C = total cost of loan L = amount of loan Typical Payday Loan example: Client borrows $100 […]

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Open a Payday Loan Company

By | Aug 5, 2016

You want to start a small dollar loan business? A payday loan or car title loan company for example? Don’t overly complicate this. If they are legal where you live, simply visit a competitor offering the types of loans you would like to offer. Appy for an receive a loan. Borrow the minimum amount; say […]

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