Q&A: what is the average rate of interest of payday loans in Australia?

Question by : what is the average rate of interest of payday loans in Australia?

Best answer:

Answer by Alpha
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

Know better? Leave your own answer in the comments!

Other articles you might like;

Online Payday Loans