More in Predatory Traps
What this calculator does
Cash advance apps frame fees as tips. This calculator converts that tip into an annual percentage rate so you can compare it to real borrowing costs.
The math
Fee rate = fee ÷ advance amount. APR = fee rate × (365 ÷ days until repayment) × 100.
Worked example
A $9 fee on a $100 advance repaid in 10 days equals a fee rate of 9%. Annualized, that is roughly 328% APR.
Why this matters
High-fee products are designed to look small per week and huge in total. This calculator exposes the full cost so you can compare it to real alternatives.
Methodology and transparency
This page publishes the exact formula used to compute the result, so you can verify it in a spreadsheet or check the assumptions against your own situation. The worked example uses the tool default inputs; change any number and the result updates live in your browser. No data is sent or stored.
Common questions
Are tips the same as fees?
For the math, yes. Any money you pay to borrow is part of the cost.
How does this compare to a credit card cash advance?
Credit card cash advances usually have lower APRs but also charge upfront fees and immediate interest.
Are these apps predatory?
They can be if used repeatedly. The fees look small but add up when annualized.