PayDay Loans
What are PayDay loans?
A payday loan is a short-term loan that can help you with immediate cash until you get your next paycheck. These high cost loan usually charge a high annual percentage rate, and are due within one or two weeks or your next payday.
Payday loan can be difficult to repay and can end up costing you more than your actually loan. Before you apply for one, it is important to know what you are getting into.
In the following provinces, you have up to 62 days to pay it back:
Payday loans are meant to cover a cash shortfall until your next pay cheque. A payday loan cost $15 per $100 that you borrow! Payday loans need to be avoid at all cost, or you may end up in financial trouble.
What do you need for a payday loan?
A payday loan is a short-term loan that can help you with immediate cash until you get your next paycheck. These high cost loan usually charge a high annual percentage rate, and are due within one or two weeks or your next payday.
Payday loan can be difficult to repay and can end up costing you more than your actually loan. Before you apply for one, it is important to know what you are getting into.
In the following provinces, you have up to 62 days to pay it back:
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Ontario
Payday loans are meant to cover a cash shortfall until your next pay cheque. A payday loan cost $15 per $100 that you borrow! Payday loans need to be avoid at all cost, or you may end up in financial trouble.
What do you need for a payday loan?
- Regular income
- Bank account
- and Permanent address
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Below are some payday loan services:
I recommend Pay2Day as they have the best promotion of all loan companies I have researched. Your first loan with Pay2Day could be $300 Cash advanced for Free. Also they have a great promotion where you can refer a friend and get a $20.00 discount every time your referred someone.
Click here for ways on how to eliminate you debt !
If you need more information on Payday loans, I recommend that you visit the Consumer Protection Ontario !
If you need more information on Payday loans, I recommend that you visit the Consumer Protection Ontario !