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What is the average rate of interest of payday loans in australia?

Question: What is the average rate of interest of payday loans in australia?

(Posted by: on 2010-03-01 16:17:11)


Answers:

Posted by: Alpha on 2010-03-01, 16:33:31

I know that places like cash converters charge exhorbitant interest rates like $30 extra for every $100. Thats just a plain and simple rip off.But there are other companies that are not so greedy.Make sure you compare the rates. Look at sites that compare or list different local lenders. Hope this helps Cheers

  

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