Pricing & Terms

This loan agreement is governed by the Payday Loans Act, 2008, Ontario, Canada.

Sample Borrowing Costs

Maximum allowable cost per $100 borrowed: $15.00
Cost per $100 borrowed: $15

Example: Your $300 loan for 14 days
Amount advanced: $300
Total cost of borrowing: $45
Total you repay: $345
This poster is required under the Payday Loans Act, 2008.

Maximum Loan Amount

Residents of Ontario may receive up to $1,500.

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.

Rate and Term Chart (14 Day Loan Example)

Advance Amount

Amount Financed
  • $100
  • $200
  • $300
  • $400
  • $500

Finance Charge

Cost of Loan
  • $15
  • $30
  • $45
  • $60
  • $75

Payment Amount

Total of Payments
  • $115
  • $230
  • $345
  • $460
  • $575

These information are required under the Payday Loans Act, 2008.


Payday Loan Acts 2008, Educational Materials

Ontario Payday Loans Act

Ontario Payday Loans Act Regulations 98/09