Alberta, British Columbia (license# 59868), Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick and Newfoundland residents: The maximum charges permitted for a Payday Loan is 14% of the principal. We charge $14 per $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $42, with a total payback amount of $342 and an APR of 365.00%.
Payday Loans are High-Cost Loans.