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The Maximum Allowable Cost per $100.00 Borrowed:
$15.00
Our Cost per $100.00 Borrowed:
$15.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $45.00



Total To Repay: $345.00
Annual Percentage Rate: 391%

 

Payday loans are a form of high-cost credit

 

This information is required under the Payday Loans Act, 2008

The Maximum Allowable Cost per $100.00 Borrowed:
$17.00
Our Cost per $100.00 Borrowed:
$17.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $51.00



Total To Repay: $351.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$17.00
Our Cost per $100.00 Borrowed:
$17.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $51.00



Total To Repay: $351.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$15.00
Our Cost per $100.00 Borrowed:
$15.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $45.00



Total To Repay: $345.00

 

This information is required under the Payday Loans Act, 2008

Educational materials about the payday lending industry, financial planning, the Payday Loans Act and the regulations that the Registrar approves are available upon your request and we will immediately provide such information to you upon your request

 

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

The Maximum Allowable Cost per $100.00 Borrowed:
$21.00
Our Cost per $100.00 Borrowed:
$21.00

 

Example:

Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost of Borrowing: $63.00



Total To Repay: $363.00

 

Payday loans are a form of high-cost credit

This poster is required under the Payday Loans Act, 2008.

 

Please send email to our address: CustomerService@CashBoat.ca, let us see what may help you.

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