Please select your province to continue.
British Columbia Resident Agreement
Maximum charges permitted in British Columbia for a payday loan:
15% of the principal
We charge: 15% of the principal
Example:
For a $300 loan for 14 days:
Total cost for borrowing = $45
The Annual Percentage Rate = 391.07% per year.
This information meets the requirements of the Business Practices and Consumer Protection Act.
License Number 59868.
Amaranth Financial Services Inc dba Speedy Cash
Manitoba License Number: 39193 Expiry Date: October 18, 2023
In Manitoba, the maximum allowable charge for a payday loan is 17% of the principal amount of the loan.
Sample $300.00 loan for 12 days:
Total cost of credit is $51.00
The Annual Percentage Rate (APR) is 517%
The total that must be repaid is $351.00
This information meets the requirements of The Consumer Protection Act
Example: $300.00 loan for 14 days
Principal: $300.00
Total Cost of Credit: $45.00
Total to Repay: $345.00
Annual Percentage Rate (APR): 391%
If you have any questions or concerns about payday loans, cancellation rights or collection practices, contact the Financial and Consumer Services Commission (FCNB) toll free at 1-866-933-2222.
This information meets the requirements under the Cost of Credit Disclosure and Payday Loans Act.
For education material, please click here
British Columbia Resident Agreement
Maximum charges permitted in British Columbia for a payday loan:
15% of the principal
We charge: 15% of the principal
Example:
For a $300 loan for 14 days:
Total cost for borrowing = $45
The Annual Percentage Rate = 391.07% per year.
This information meets the requirements of the Business Practices and Consumer Protection Act.
License Number 59868.
$17
Per $100 borrowed
Example: $300 loan for 14 days
Principle Amount $300
Total Cost of Borrowing $51
Total to Pay $351
This Information conforms to the requirements of the Payday Loans Act.
Fees and Charges:
Finance Charge of 17% of the loan principal, payable on the loan repayment date.
NSF Charge of $25, for a dishonoured pre-authorized debit. This charge is payable only once per loan, regardless of the number of cheques or pre-authorized debits dishonoured.
Default Interest of 30% per annum will be charged on the outstanding principal balance of the loan until paid in full, if you fail to pay the loan in full on the repayment date.
Notice: A Payday Loan is a high cost loan.
Payday Loan Disclosure:
Speedy Loans hereby discloses:
MAXIMUM ALLOWABLE COST PER $100 BORROWED: $15.00
Our cost per $100 borrowed: $15.00
Example:
Your $500.00 loan for 14 days
Amount advanced: $500.00
Total Cost of Borrowing: $75.00
-------------------------------------------------
Total you repay: $575.00
The Annual Percentage Rate (APR): 391%
This poster is required under the Payday Loans Act, 2008. For educational material approved by the registrar,please click here..
Cost of Borrowing
Nova Scotia Resident Agreement
Payday Loans are High-Cost Loans
$300.00 loan for 14 days:
Principal Amount $300.00
Total Cost of Borrowing $57.00
Total To Repay $357.00
Annual Percentage Rate - APR 495.35%
Speedy Ca$h is licensed as a payday lender by the Province of Nova Scotia. Nova Scotia Payday Lender License #162015969..
Newfoundland and Labrador Resident Agreement
Maximum fees and charges permitted in Newfoundland and Labrador for a payday loan:
$14.00 per $100.00 lent
We charge $14.00 in fees and charges.
For a $300.00 loan for 14 days:
Total Cost of Borrowing is $42.00
The Annual Percentage Rate is $365.00%
This information meets the requirements of the Consumer Protection and Business Practices Act.
We are now offering Installment Loans instead of Payday Loans.
Borrow from $500 – $4,000. Take up to 12 months to pay it back with equal payments over time.
You’ll love the simple online application and lower interest rate.
A $1000 loan over a 12-month period (or 26 bi-weekly payments)
Payment is estimated to be $51.28 bi-weekly at 60% APR.
We are now offering Installment Loans instead of Payday Loans.
Borrow from $500 – $4,000. Take up to 12 months to pay it back with equal payments over time.
You’ll love the simple online application and lower interest rate.
A $1000 loan over a 12-month period (or 26 bi-weekly payments)
Payment is estimated to be $51.28 bi-weekly at 60% APR.
We are now offering Installment Loans instead of Payday Loans.
Borrow from $500 – $4,000. Take up to 12 months to pay it back with equal payments over time.
You’ll love the simple online application and lower interest rate.
A $1000 loan over a 12-month period (or 26 bi-weekly payments)
Payment is estimated to be $51.28 bi-weekly at 60% APR.
We are now offering Installment Loans instead of Payday Loans.
Borrow from $500 – $4,000. Take up to 12 months to pay it back with equal payments over time.
You’ll love the simple online application and lower interest rate.
A $1000 loan over a 12-month period (or 26 bi-weekly payments)
Payment is estimated to be $51.28 bi-weekly at 60% APR.