A pay day loan is a short-term loan with a high costs making it a tremendously costly option to borrow cash.

A pay day loan is a short-term loan with a high costs making it a tremendously costly option to borrow cash.

What exactly is a pay day loan

you’ll borrow as much as $1,500. You need to spend the mortgage straight back from your own next paycheque.

When you look at the provinces that are following you have actually as much as 62 days to cover it right straight back:

  • Alberta
  • British Columbia
  • Manitoba
  • Brand Brand Brand New Brunswick
  • Ontario

Continue reading A pay day loan is a short-term loan with a high costs making it a tremendously costly option to borrow cash.