Maximum total cost of borrowing permitted in Alberta
for a payday loan: 15.00 per $100 lent
We charge: 15.00 per $100 lent
Payday loans are a form of high-cost credit
This information meets the requirements of the Payday Loans Regulation under the Fair Trading Act
Maximum charges permitted in British Columbia for a payday loan: 15% of the principal
We charge: 15% of the principal
For a $300 loan for 14 days:
Total cost of credit = $45.00
Annual Percentage Rate = 391%
This information meets the requirements of the
Business Practices and Consumer Protections Act
British Columbia License Number: 50103
Payday Loans are High Cost Loans
In Manitoba, the maximum allowable charge for a payday loan is 17% of the principal amount of the loan.
Sample $300 loan for 12 days:
Total cost of credit = $51.00
The Annual Percentage Rate (APR) 517%
The total that must be repaid is $351.00
This information meets the requirements of the Manitoba Consumer Protection Act
Manitoba License Number: 39193
Maximum Allowable Cost per $100 Borrowed $15.00
Example: $300 loan for 14 days
Principal: $300.00
Total Cost of Credit: $45.00
Total to Repay: $345.00
Annual Percentage Rate (APR) 391%
If you have any questions or concerns about payday loans, cancellation rights or collection practices, contact the Financial and Consumer Services Commission (FCNB) toll free at 1-866-933-2222.
This information meets the requirements under the Cost of Credit Disclosure and Payday Loans Act. For educational tool please click here
Maximum fees and charges permitted in Newfoundland and Labrador for a payday loan: $21 per $100 lent.
We charge $21 in fees and charges.
For a $300 loan for 14 days, the total cost of borrowing is $63. We charge $63 in fees and charges for a $300 loan for 14 days.
This information meets the requirements of the Consumer Protection and Business Practices Act.
Cost of Borrowing
Our cost per $100 borrowed:
$25.00
Example: Your $300.00 loan for 14 days
Amount Advanced: $300.00
Total Cost of Borrowing: $75.00
Total You Repay: $375.00
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Annual Percentage Rate = 652%
We only lend to residents of Canada
Payday Loans are High-Cost Loans
Example: $300 loan for 14 days
Principal Amount: $300.00
Total Cost of Borrowing: $57.00
Total to Repay: $357.00
Annual Percentage Rate - APR = 495.36%
Cost of Borrowing
Our cost per $100 borrowed:
$25.00
Example: Your $300.00 loan for 14 days
Amount Advanced: $300.00
Total Cost of Borrowing: $75.00
Total You Repay: $375.00
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Annual Percentage Rate = 652%
We only lend to residents of Canada
MAXIMUM ALLOWABLE COST PER $100 BORROWED:
$15
Our cost per $100 borrowed:
$15
Example: Your $500 loan for 14 days
Amount Advanced: $500
Total Cost of Borrowing: $75.00
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Total You Repay: $575.00
The Annual Percentage Rate (APR): 391%
This poster is required under the Payday Loans Act, 2008
For educational material approved by the registrar,
please click here.
Cost of Borrowing
Our cost per $100 borrowed:
$15.00
Example: Your $300.00 loan for 14 days
Amount Advanced: $300.00
Total Cost of Borrowing: $45.00
Total You Repay: $345.00
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Annual Percentage Rate = 391%
We only lend to residents of Canada
DUE TO PROVINCE REGULATIONS, WE UNFORTUNATELY ARE UNABLE TO OFFER LOANS IN QUEBEC.
Payday Loans are high cost loans.
Admin fee: $17.00 per $100 borrowed
Example: $300 loan for 14 days
Principal Amount: $300.00
Total Cost of Borrowing: $51.00
Total to Pay: $351.00
This information conforms to the requirements of
The Payday Loans Act
Saskatchewan License Number: 100065
You have the right to cancel your loan without reason or cost any time before end of business day following the date the funds arrive in your account.
In the event that the Borrower does not repay the entire loan on or before the Loan Due Date, the loan will be subject to a one-time fee of $25 for a dishonoured cheque or dishonoured pre-authorized debit (PAD) and interest will accrue on any unpaid principal at a rate of 30% per annum.
Credit Counselling Information
Cost of Borrowing
Our cost per $100 borrowed:
$25.00
Example: Your $300.00 loan for 14 days
Amount Advanced: $300.00
Total Cost of Borrowing: $75.00
Total You Repay: $375.00
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Annual Percentage Rate = 652%
We only lend to residents of Canada