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.
$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:
Ontario Resident Agreement
How much will your loan cost you?
The Maximum Allowable Cost per $100.00 Borrowed:
$18.00.
Our Cost per $100.00 Borrowed:
$18.00.
Example:
Your $300.00 loan for 14 days.
Amount Advanced: $300.00
Total Cost for Borrowing: $54.00
Total To Repay: $354.00
For helpful educational materials approved by the Registrar, Payday Loans Act, 2008,
please click here.
This information is required under the Payday Loans Act, 2008
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 Resident Agreement
Maximum charges in Newfoundland for a payday loan:
21% of the principal
We charge: 21% of the principal
For a $300 loan for 14 days:
Total Cost of Borrowing = $63
The Annual Percentage rate = 547.50%
Yukon Resident Agreement
Maximum charges in Yukon for a payday loan:
25% of the principal
We charge: 25% of the principal
For a $300 loan for 14 days:
Total Cost of Borrowing = $75
The Annual Percentage rate = 651.79%
Northwest Territories Resident Agreement
Maximum charges in Northwest Territories for a payday loan:
25% of the principal
We charge: 25% of the principal
For a $300 loan for 14 days:
Total Cost of Borrowing = $75
The Annual Percentage rate = 651.79%
Nunavut Resident Agreement
Maximum charges in Nunavut for a payday loan:
25% of the principal
We charge: 25% of the principal
For a $300 loan for 14 days:
Total Cost of Borrowing = $75
The Annual Percentage rate = 651.79%