Official website for STOMP, a unique combination of percussion, movement and visual comedy. Buy tickets to STOMP in NYC and on tour.
The truth is that a large portion of payday customers end up in dire financial straits because of these seemingly innocuous loans. Hereâs what happens. The average payday loan charges a fee of about $15 for every $100 borrowed. That might sound like an interest rate of 15%, but thatâs the fee for a two-week loan. On an annualized basisâwhich is how most people think about interest rates, or shouldâthat translates into a rate of 391%.
A pay day loan is money that you borrow until pay day and then repay with a fee added on top, after the boss pays you.Pay day loans are designed to help people out with enough cash to meet their short term cash needs until pay day, for example paying the bills or meeting urgent medical costs for your children.ash Stop not only specialises in providing short term cash advances to assist everyday people by helping meet those unexpected financial challenges with quick pay day style loans but also provide many other products and services such as: 1  Short Term Loans up to $1,500 Online. 2  Western Union International Money Transfer.