Calculate Payday Loan APR based on Loan Amount, Fee and Number of Days
| Loan Amount: | |
| Total Fee: | |
| Number of Days: | |
| APR: | % |
APR (Annual Percentage Rate) is a standardized expression of the effective interest on a loan.
APR was created to make it easier for borrowers to compare lenders and loan options.
In the US, lenders are required to disclose APR before a loan application is finalized.