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Kennebec Payday Cash Advance

Kennebec Payday Cash Advance loans are repaid in the same way they are received – by an electronic ACH transaction. On your next payday the loan amount and fees are automatically deducted from your account. If you require an extension or would like to rollover the loan for another pay period, simply contact the lender 48 hours before the loan amount is due.

Currently, fees charged on Kennebec Payday Cash Advance range from $15 to $30 on each $100 advanced. The cost of getting payday loans should be viewed as a service charge. According to market research, banks and merchants charge an average non-sufficient funds fee of $24 per check. Credit card companies impose an average late fee of $26, while auto finance companies charge $23. In contrast, the average finance charge on a Kennebec Payday Cash Advance is about $18 per $100 borrowed.

If you recently paid off your Kennebec Payday Cash Advance loan, please be advised that there is a often a waiting period of 3-5 business days before you can apply for a renewal. Lenders must verify that they have successfully received and processed your previous payments.

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