What are you charging for interest. I am sure it varies but on average what would be a common A. P. R.? Just want to make sure you aren't charging 20 to 30%

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What are you charging for interest. I am sure it varies but on average what would be a common A. P. R.? Just want to make sure you aren't charging 20 to 30%

asked by Sandra Q. on 4/12/16

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Cameron M. · Answer 1 · 2020-03-20T05:03Z

Cameron M.

on 3/20/20

Monstrous interest. Loan sharks would be intimidated. 40%-100% APR. If you get them to quote a rate it is not an APR.

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Michael S. · Answer 2 · 2016-06-13T06:55Z

Michael S.

on 6/13/16

It is more. You will have a high monthly payment. This typically means you will need to reborrow all or a portion of that back. They will charge you a fee for that loan and another fee monthly for the loan.

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Karen M. · Answer 3 · 2016-04-28T10:12Z

Karen M.

on 4/28/16

They are charging 20% for 6 months which is 40% apr I believe.

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Bethany H. · Answer 4 · 2016-04-12T12:43Z

Bethany H.

on 4/12/16

They are charging AT LEAST THIS AMOUNT. YOU WILL HAVE TO PAY OFF 100% OF THE BALANCE TO FREE YOURSELF FROM THE HEAVY INTEREST... I MEAN FEES... THEY WILL CHARGE. I speak from experience.

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What are you charging for interest. I am sure it varies but on average what would be a common A. P. R.? Just want to make sure you aren't charging 20 to 30%

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