Cash Hash » Cash Hash » Cash Advance/ Cash Advances » How much interest am I paying per day on a $2500 cash advance at 22.99%?

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  #1 (permalink)
: The 22.99% is calculated daily because it is a cash advance. I want to pay it off as soon as possible. But how much am I paying per day to have this loan out?

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  #2 (permalink)
: $1.57
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  #3 (permalink)
: Approximately 2% per month (slightly less). 2% / month = $50 / month. $50 month / 30 days = $1.67 per day. So, the first poster of $1.57 appears exactly correct.
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  #4 (permalink)
: Sorry, I flunked algebra, too.

{was there a cash advance fee??}
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