Extending payday loans usually comes with additional charges, and debtors end up paying considerably extra money than what they initially anticipated.

Once you've been connected with a lender, you'll want to complete a full utility to see if you're eligible for a .

Rates of interest are very high for these types of loans and begin at 12.75 % which can further go up.

The rationale for such charges is because these loans aren't safe in nature.