Important information before starting:

You will be under no obligation before you receive funds. All of the questions are required. Please don't scroll to go to the next question. All of the information regarding the loan, including the cost to borrow is contained in the application process. Thank you!

Policy concerning responsible loaning

Applications go through a fast approval process to ensure the applicant has the means to fully reimburse their loan. This process may include, among others, verifying that your salary will cover loan expenses, that you haven’t missed too many payments in the past, and that you don’t have a large amount of short term loans already under way. Because of this obligation, we reserve the right to refuse applicants.

Missed payments

If any payments are refused from your banking institution, for insufficient funds or any other reason, You will be charged an administrative fee of $45

Credit scores

This situation will not affect your credit score with any credit agencies.

Responsible collection

Our collection department uses work methods you can rely on. If you miss a payment, our collection officers will reach out to you to advise you of missed payments and, if necessary, make additional payment arrangements at their sole discretion. When you miss a payment, interest on the capital borrowed continues to accumulate.

APR

Lending companies partnering with us offer an approximate annual interest rate of 28% to 32%. If unpaid, the applicable interest rate is 2,66% per month (32% per year).


Amount

Our minimum loan amount is $300 up to $1000 maximum.

Renewal

NO loan is automatically renewed, the customer needs to ask for a new loan.

Repayment term

Repayment term of our loans is from between 12 weeks to 18 weeks

Repayment example

If you request a $500 loan reimbursed over 6 installments, each payment will be $127.67 for a total amount of $760.00.
This information is given as an example only and includes the brokerage fees that are added to the borrowed capital.

Be responsible !

Used responsibly, short term loans may be the right solution for you. However, short term loans have higher rates of interest and fees than loans obtained through a local chartered financial institution. This type of service should be used as infrequently as possible or in the case where no other alternative solution, at lower rates of interest, are available to you. Taking out several loans of this nature will burden you with debt and lead to serious financial trouble.