Payday Loan Rollover and APR 


February 28 2020

We are in a time where finance companies, check cashers and other businesses are making high-rate, short term loans. 
Commonly, a borrower will write a payable check to a lender for the amount she or he wishes to borrow in addition to the fee.
The borrower then receives the mount of the check minus the fee. 
Usually the borrower will pay the fee for the amount borrowed or a percentage of the face value of the loan. 

If one decides to extend or “roll-over” the loan, say for an additional two weeks, the fee will be charged for each extension. […]

Friday Linkzookery – 20 Oct 2017

USS Wisconsin (BB-64) Fires a three-gun salvo from her forward 16/50 gun turret, during bombardment duty off Korea. 30 January 1952.

108 F-35s Will Not Be Combat Capable Concurrency at its finest. Influential congressman calls on Navy to extend lives of oldest cruisers “Instead of discussing the decommissioning of cruisers, we need to spend more time discussing the maintenance, modernization and service-life extension of all twenty-two cruisers,” said Virginia Republican Rep. Rob Wittman, the head of […]