| Bi-Weekly Payback Period
- 14 days or 26.07 times Per Year |
|
Bi-Monthly Pay Period - 15
days or 24.33 times Per Year |
| Advance
Amount |
(APR)
Annual Percentage Rate |
Advance
Fees |
14 Day Cycle/Yr* |
Total
Payback |
$500.00 |
521.43% |
$100.00 |
26.07 |
$600.00 |
$400.00 |
521.43%
|
$80.00 |
26.07 |
$480.00 |
| $300.00
|
521.43%
|
$60.00
|
26.07 |
$360.00
|
$250.00 |
521.43%
|
$50.00 |
26.07 |
$300.00 |
| $200.00
|
521.43%
|
$40.00
|
26.07 |
$240.00
|
| $150.00
|
521.43%
|
$30.00
|
26.07 |
$180.00
|
| $100.00
|
521.43%
|
$20.00
|
26.07 |
$120.00
|
| $50.00
|
521.43%
|
$10.00
|
26.07 |
$60.00
|
|
|
| Advance
Amount |
(APR)
Annual Percentage Rate |
Advance
Fees |
15 Day Cycle/Yr* |
Total
Payback |
$500.00 |
486.60% |
$100.00 |
24.33 |
$600.00 |
$400.00 |
486.60%
|
$80.00 |
24.33 |
$480.00 |
| $300.00
|
486.60%
|
$60.00
|
24.33 |
$360.00
|
$250.00 |
486.60%
|
$50.00 |
24.33 |
$300.00 |
| $200.00
|
486.60%
|
$40.00
|
24.33 |
$240.00
|
| $150.00
|
486.60%
|
$30.00
|
24.33 |
$180.00
|
| $100.00
|
486.60%
|
$20.00
|
24.33 |
$120.00
|
| $50.00
|
486.60%
|
$10.00
|
24.33 |
$60.00
|
|
| Special One Time Pay Period
- 18 days or 20.28 times Per Year |
|
Special One Time Pay Period
- 21 days or 17.38 times Per Year |
| Advance
Amount |
(APR)
Annual Percentage Rate |
Advance
Fees |
18 Day Cycle/Yr* |
Total
Payback |
$500.00 |
405.60% |
$100.00 |
20.28 |
$600.00 |
$400.00 |
405.60%
|
$80.00 |
20.28 |
$480.00 |
| $300.00
|
405.60%
|
$60.00
|
20.28 |
$360.00
|
$250.00 |
405.60%
|
$50.00 |
20.28 |
$300.00 |
| $200.00
|
405.60%
|
$40.00
|
20.28 |
$240.00
|
| $150.00
|
405.60%
|
$30.00
|
20.28 |
$180.00
|
| $100.00
|
405.60%
|
$20.00
|
20.28 |
$120.00
|
| $50.00
|
405.60%
|
$10.00
|
20.28 |
$60.00
|
|
|
| Advance
Amount |
(APR)
Annual Percentage Rate |
Advance
Fees |
21 Day Cycle/Yr* |
Total
Payback |
$500.00 |
347.62% |
$100.00 |
17.38 |
$600.00 |
$400.00 |
347.62%
|
$80.00 |
17.38 |
$480.00 |
| $300.00
|
347.62%
|
$60.00
|
17.38 |
$360.00
|
$250.00 |
347.62%
|
$50.00 |
17.38 |
$300.00 |
| $200.00
|
347.62%
|
$40.00
|
17.38 |
$240.00
|
| $150.00
|
347.62%
|
$30.00
|
17.38 |
$180.00
|
| $100.00
|
347.62%
|
$20.00
|
17.38 |
$120.00
|
| $50.00
|
347.62%
|
$10.00
|
17.38 |
$60.00
|
|
*Typical cycles are 14 or 15 days following your payday.
In some cases, based on requests from customers, AeroAdvance
allows an 18 to 21 day payback the first time. However,
renewal fees fall under the bi-weekly or bi-monthly
categories.
Extension of Payment Requirements: Under South Dakota
state law, a borrower may renew the payday loan no
more than four consecutive times, after which the
payday loan shall be repaid in full. A borrower may
enter into a new loan transaction with AeroAdvance
at any time after a prior loan to the borrower is
completed.
A borrower may cancel the loan without costs by returning
the full principal balance to AeroAdvance by the close
of the next full business day.
A payday loan is intended to address short-term,
not long-term, financial needs.
|
Fees
| Description |
Amount |
| NSF
|
$25.00
|
| Wire Fee |
n/a |
| Closed Account Fee |
$25.00 |
| Late Fee |
$25.00 |
|
|
