ONTARIO RATES AND TERMS
This loan agreement is governed by the applicable law of Ontario, Canada.
EXAMPLE OF BORROWING COSTS ON A PAYDAY LOAN:
Your payday loan is $500 for 14 days.
Amount advanced: $500
Cost of borrowing is $75
Total you repay is $575 (391.07% APR)
Our cost for borrowing $100 is $15.00.
Maximum allowable cost per $100 borrowed is $15.00.
MAXIMUM PAYDAY LOAN AMOUNT
Residents of Ontario may receive up to $1,500.
PAYDAY LOAN TERMS
Generally, your loan payments will be scheduled on your next payday that falls between 5 and 40 days away.
EXTENSIONS ROLLOVERS REFINANCE
In accordance with Ontario, Canada law your loan must be paid in full by the due date.
| Advance Amount Amount Finance | Finance Charge Cost of Loan | Payment Amount Total of Payments | Loan Term (7 days) | Loan Term (14 days) | Loan Term (30 days) |
|---|---|---|---|---|---|
| $100 | $15 | $115 | 782.14% | 391.07% | 182.50% |
| $200 | $30 | $230 | 782.14% | 391.07% | 182.50% |
| $300 | $45 | $345 | 782.14% | 391.07% | 182.50% |
| $400 | $60 | $460 | 782.14% | 391.07% | 182.50% |
| $500 | $75 | $575 | 782.14% | 391.07% | 182.50% |