Payday Loan Calculator: How to Check the Math Yourself
See exactly how a payday loan fee turns into its APR, with a hand-worked example table for four states and the real cost of a rollover.
By Derrick Washington
HomeBorrow Smarter
Borrow Smarter - 3
Reporting, analysis, and plain-language explainers on payday loans, state rules, credit scores, and the lower-cost alternatives most borrowers never hear about.
Money Guides and Plain-Language Explainers
Payday Loans That Accept Chime: What Lenders Really Say
Which lenders really accept Chime, why some reject online banks, and why Chime's own SpotMe or MyPay is usually cheaper first.
By Lena Whitfield
Virginia Payday Loan Laws: The 36% Cap Explained
Virginia's Fairness in Lending Act caps short-term loans at 36% plus fees. See the real limits and what changed since 2021.
By Carmen Ortiz
I Didn't Get Paid on Payday: What to Do in the First 48 Hours
Direct deposit didn't hit on payday? Here's exactly what to check first, who to call, and how to cover bills without a payday loan.
By Aaron Kim
Installment Loan Calculator: 36%, 30%, and 90% APR Compared
See exactly what a $1,000 installment loan costs at 36%, 30%, and 90% APR, with the payment formula and a payday loan comparison.
By Derrick Washington
Check 'n Go Payday Loans Review: What the Record Shows
Check 'n Go payday loan review: products by state, real fees, past settlements, and when to look elsewhere instead.
By Lena Whitfield