Rates & Fees

Most people want to know what the fees are for agreeing to a personal loan. Instant Cash Loans can provide you with the information you need regarding the costs of a payday loan. The fee for a personal loan is based on the annual percentage rate or (APR).

APR Range

A loan’s APR is based on two things:

  • Information consumers supply in their loan application
  • Lender that approves the loan

Consumers will get their loan terms, fees and APR when the lender provides them with the loan agreement during the request process.

A short-term loan’s APR can run anywhere from 200% to 2,290% - based on the amount of the loan, the length of the loan, fees incurred, non-payment fees, late payment fees and various other factors. Bear in mind that the APR isn’t the finance charge, which is revealed in the future.

4InstantCashLoans isn’t a lender itself, which means it cannot provide you with a precise APR for your loan.

Consequences For Partial Payment, Late Payment and Non-Payment

When you agree to the loan offer’s terms and conditions, you agree to pay the principal and finance charges back in the timeframe stipulated in the documents. The lender may tack on additional charges or fees if you do not pay the loan back in full or in the event a late payment is made.

4InstantCashLoans is not able to provide you with details on how much you will be charged when your payment is late, you do not make a payment, or you make half a payment than the stated amount. Any information about the loan is between you and the lender. Therefore, consumers are advised to review their loan documents regarding their policies surrounding late payments, non-payments and partial payments.

4InstantCashLoans is not a lender and will not provide you with short-term loans. However, the website works with reputable lenders to recoup monies for any past due account in an appropriate manner.

The website doesn’t charge for its services, and each lender within its network will offer consumers a particular term and conditions before the loan is accepted. It’s imperative that consumers review the loan’s conditions before signing any documentation.

State Rate & Fee Regulations

Find your state to review the applicable laws and regulations governing cash advance loan rates and fees in your state:

State: Max Loan Amount Charges:

Alabama

$500

This should not exceed 17.5% of the amount. Also $10 fee for every loan request is permitted. If the loan period expires 3% extra is charged.

Alaska

$500

A lender is only allowed to charge what is known as a nonrefundable originating fee. This fee shouldn’t exceed around $15 for every $100. Also the fee shouldn’t exceed 15% of the borrowed amount. Also $20 additional free for the business’s financial operation can also be charged.

Arizona

N/A

Shouldn’t exceed the 36% of its annual fees. Repayment of past due fees is also allowed.

Arkansas

N/A

Around a 36% annual fee. This will depend on the Federal Reserve Discount Rate and an added 5%. Just one loan is allowed in order to avoid cases where one loan is taken to pay back the other. Also the fees cannot be over $400.

California

$300

A business cannot go beyond a 15% deferred deposit transaction fee of an amount over $45

Colorado

$500

The documentation fees is allowed a maximum of $75. $7.50 is the max maintenance fee of every $100 loaned, up to around $30 per month this is including the monthly maintenance fee charged every month. In the case of a renewal the lender can access additional financial charges which shouldn’t exceed a yearly 45% percent.  

Connecticut

N/A

The interest shouldn’t exceed 30.3%. Late fee is also applicable.

Delaware

$500

Cash advances of a total of $1000 is allowed at one time. The fee attached to this loan has no limit.

District of Columbia

Loans which are Prohibited

The law does not always change. However, keep checking back to www.4instantcashloans.com to stay posted.

Florida

$500

A deferred provider or even an affiliate is not allowed to charge fees over 10% of the amount. However, a verification fee is allowed. Loan operation may be subject to a 15% fee. The total fee every year can be around 390%

Georgia

Loans prohibited

The law does change. Please check back to www.4instantcashloans.com for up to date info on this.

Hawaii

$600

Fees shouldn’t be more than 15% of the amount. The lender is allowed 17.65% in charges every two weeks for its financial operation.

Idaho

$1000

None

Illinois

Either 22.5% or $1000 of a person’s monthly gross income, depending on which is less.

Lender is not allowed to charge over $15.50 for every $100 with a yearly fee limited to just 99%

Indiana

$500 / 20you’re your monthly gross income depending on which is less

The lender can charge 15% finance charge on $250. Loans over $250 but less than $400 have a 13% interest limit on the amount. On amounts ranging between $400 and $500 the financial charges are around 10%.

Iowa

$500

On the first $100 loan the lender cannot charge over $15 in fees. Then there is a $10 subsequent charge on every $100 increment. 14 day loans have to undergo a fee of up to around 16.67%.

Kansas

$500

Lenders can charge 15% on a cash loan. Another 15% can be charged in the way of finance fee. But not over 3% of the amount once it has matured.

Kentucky

$500 charge applied to all payday loans.

The total amount in proceeds received from a customer from all differed deposits cannot be over $500. Lenders are not allowed to charge over $15 as service fee for every $100. The additional finance fee cannot be over 17.65%.

Louisiana

$350

$5 is the originating fee. 16.75% or $45 depending on which is less is the annual charge on the loaned cash advance. There is a 36% annual interest limit. 25% is the finance fee which lenders cannot exceed.

Maine

N/A

For loans under $250 the interest fee is limited to just $15 but up to around max $25 for larger amounts. The max is 30%.

Maryland

N/A

No licensed check cashing company is allowed to indirectly or directly charge or even collect fees for a check cashing service on the basis of: 33% each year or just 2.75% depending on which is less.

Michigan

$600

A lender is allowed to charge a service fee for every deferred presentment service. This fee is not a part of the interest and lenders can charge both. The amount shouldn’t exceed 15% of the initial $100, 14% of a third $100 or around 12% on the forth, on the fifth 11%. A database verification fee is also allowed under the section 34(5)

Minnesota

$350

For a sum of up to and also including $50 there is a $5.50 charge added. Between $50 and $100 there is a 10% charge plus a $5 admin fee. Of amounts $100 to $250 there is a 7% charge and a $5 fee. Amounts of around $250 to $350 is charged 6% of the loan proceeds with a min admin fee of $5. The overall contract shouldn’t exceed 2.75% after its maturity.

Mississippi

$400

Lenders are not allowed to charge indirectly or direct a fee or some other consideration or their act of cashing deposit checks in excess of around 18%. Also 22% additional finance fee may be levied.

Missouri

$500

The borrower could be charged an interest fee on an amount which is not paid at the rate which was previously agreed by both parties. A customer is not required to pay an amount of accumulated interest and also fees in excess of 75%.

Montana

The minimum loan amount is $50 but the loan cannot exceed $300

A lender is not allowed to charge a fee for making a deferred deposit loan which exceeds 36% annually, which is inclusive of its insufficient funds fee.

Nebraska

$500 for every payday loan at any time.

The lender is allowed to charge an amount of $15 for every $100 and $17.65 per $100 for various services provided by the lender.

Nevada

monthly gross income of 25%

Lender is not permitted to make a loan of deferred deposit over 25% of the expected gross of the customer’s monthly salary at the time of taking the loan.

New Hampshire

$500

A cash loan can only incur interest, charges or fees which are levied on the cash loans. The interest should not be in excess of 36% a year.

New Jersey

Prohibited Loans

The law does change every now and then. Keep checking back to stay up to date.

New Mexico

A charge of 25% of the gross monthly income which includes fees.

$0.50 is charged as verification fee, the total amount charge is 15.5%. Lenders are not allowed to issue a payday loan if the total principal sum of the loan and its fees, when added with the principle is over 25% of the person’s gross income. Just one fee can be collected unless a customer willfully agrees to the arrangement in writing.

New York

N/A

Leders are not allowed to charge over $16 for every $100 on the first principal balance.

North Carolina

N/A

A check cashing company is not allowed to indirectly or directly charge and or collect fees for cashing check services on the basis of: 36% per year.

North Dakota

$500

A lender needs to charge a service fee but not over 20% of the total amount paid. An additional 20% can be charged as interest on the amount.

Ohio

$500

The interest is calculated according to the USC 1606 guidelines and will not exceed a 28% annual rate which is exclusive of its 1.08% fee.

Oklahoma

$500

Lenders can charge an interest fee but it shouldn’t exceed $15 for each $100 which is loaded which is equal or less than $300 and not be over $10 for each $100 for amounts over $300. An additional finance charge of $15 can also be charged for each $100.

Oregon

A 30% rate from gross monthly income.

Lenders are not allowed to renew or issue a loan over the rate of 36% annually. This also excludes the registration fee required for new loans.

Pennsylvania

N/A

Getting a payday cash loan in Pennsylvania can be difficult. Right now laws are geared towards destroying cash advance lenders.

Rhode Island


For all payday loans $500 at any time.


Lenders are not permitted to charge a check cashing fee over 15% of the loaned amount. Also additional interest cannot be over 15% of the amount.

South Carolina

For all payday loans $500 at any time.

Lenders are allowed to charge more fees in addition to their originating fees. The interest is also limited to 15% of the amount.

South Dakota

$500

There are no limits on the type and fee amount.

Tennessee

$500 usually for a maximum of 3 payday loans at the same time.

Lenders are allowed to charge $15 as interest for every $100 and the finance charge shouldn’t be over $17.65 for every $100.

Texas

N/A

$10 is the originating fee, $48 is the interest fee for every $100 plus there is $12 finance charges for every $100.

Utah

N/A

N/A

Vermont

$500

It shouldn’t be over 18% of the total year fees.

Virginia

$500

$5 is the verification fee, $36 is the interest fee for every $100, and an additional $20 finance charges for $100.

Washington

$700 and It should be under 30% of the borrower’s gross income.

Lenders are allowed to charge fees as the total amount over $15 for every $100 of the first $500, subsequently $10 for every $100 for amounts over $500. Plus $15 for services.

West Virginia

N/A

The law does change every now and then. Log back in to get the latest updates.

Wisconsin

35% or $1500 of gross income every month depending on which is less.


There are no fees amount limits.

Wyoming

N/A

Finance charges should not be over $30 or even 20% of the monthly principal balance depending on which is larger.

There are some states that do not have any specific lending statutory provisions pertaining to payday loans. And they do not require that lenders comply with the interest rates offered by: Maryland, New Jersey, Connecticut, Massachusetts, West Virginia, Vermont and Pennsylvania. North Carolina and Arizona are allowed preexisting cash loans statues and laws to sunset.

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Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

Calculate APR Rules in Your State Alternatives to Payday Loan For Military Consumers