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But whether your qualify for a 1,000 dollar personal loan, a 1,500 dollar loan or a 2,000 dollar loanâĄ (fees apply, see Rates and Terms ), make sure you use the money to help you overcome emergency expenses only â using an installment loan for something other than your unexpected costs can leave your with more debt than you started with. [link widoczny dla zalogowanych] Drawbacks? Payday loans typically charge service fees that are greater than traditional loans. These service fees can range from $10 to $30 per $100 loaned, and sometimes even more. Many states have regulations stipulating the amount of service fees that can be charged. Obviously, the best payday loans are meant to address quick cash needs, and should not be used as a long-term solution.
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