I went to Check Into Cash in Phenix City, Alabama, for a payday loan. I was asked to pay a $75 fee for a $300 loan, which I did. I’ve repaid the loan, but I think they overcharged me. Is there any way to get my $75 back?
The maximum APR permitted for a 14-day loan in Alabama is 456.25%. If they charged you more than this, you could ask for a refund. The APR on a $300 14-day loan that carried a fee of $75 is about 652%. You can use this calculator to check the APR.