Canada Payday Cash Loan Rates
You need to understand that a Payday Loan is NOT a long term solution to fix financial problems. You will need to get Payday Loans only to address short-term financial requirements. Canadian Payday Loans are regulated by the Payday Loan Act of 2008.
Example :
- Borrowed Amount : $300
- Duration : For 14 Days
- Interest Charged : 23% on Principle
- Borrowing Total Cost : $69
- Annual % rate : 599.64%