Browse topics like loop Skip to Videos All | predatory debt | APR | credit concepts | credit scores | determining loan costs | how loans work | payday loans | flex loans | tribal loans | @betterfi | @spikeatbetterfi | How can a PAYDAY LOAN have 460% APR but "NO INTEREST??" Payday lenders might claim "NO INTEREST" but the APR is still more than 400% – how does that work??