Payday loans are available from a number of locations worldwide. They can be accessed either on the web or by visiting a nearby office. The amount a customer can borrow depends on the payday loan company, with most offering up to $1500.00. Interest rates vary depending on state and local laws, but usually range from $15.00 to $25.00 per $100.00 borrowed. Frequently a new customer will pay a different fee than a returning customer. Payday loans are available in the form of installment loans that are paid back with monthly payments, or short term loans and must be paid back within two or three weeks.
