Free calculators and unit converters for general and everyday use.

Calculators » Finance » Payday Loan

Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate the annual percentage rate (APR) or the interest rate applicable on payday loan advances.

Advertisement

The calculation is arrived at by rearranging the formula for *simple interest* calculation. We do not endorse taking payday advances, since the interest rates on those are typically very high. However, like all debts, they can be put to good use or bad.

© everydaycalculation.com