In comparison to other kinds of loans, the cash payday loan charges interest at a much higher rate. However, you need not worry much over this because for a period that is as short as just two or three weeks, the amount of interest charged even at that higher rate will not look much, keeping in view the other wonderful features of these cash advance payday loans. After all, no other type of loan can be applied for and approved within hours. : http://ezinearticles.com/?Cash-Payday-Loan-Take-Care-Of-The-Rate-Of-Interest&id=798872