Payday Tree Points About Payday Loans Canada
Getting Payday Loans Canada is no hassle for you. All you need to do is apply for these loans and you can rest assured that the cash will be in your account in no time. Here the points you need to know before apply for a payday loan Canada.
Payday Tree How Do I Apply?
To apply for a Payday Loan Canada you need not go anywhere and submit any documents. You need to fill up the online application form with your personal and contact details, your employment details and your bank account details.
Payday Tree What About My Credit Rating?
The providers of Payday Loans Canada don't worry about your credit rating. You can get these loans even if you have declared bankruptcy. Once your application is submitted you will get the approval.
Payday Tree How Much Loan Amount Can I Get?
The loan amount for Payday Loans Canada ranges from $1000 to $1,500. There are different criteria that a provider of these loans will judge before they let you know the approved amount.
Payday Tree What Is The Interest Amount?
Payday Loans Canada has an interest rate that is higher than conventional bank interest rates. Normally, for every $100 borrowed as these loans, you will need to pay an interest of $23.
Payday Tree When And How Do I Pay Off The Loan?
Your Payday Loan Canada needs to be paid off on your next payday and you need not write any check to pay the loan off. Providers of these loans typically debit your bank account for the collective principal and interest amount.
Payday Tree How Many Loans Can I Take At The Same Time?
Usually, providers of Payday Loans Canada favor that you take one loan at a time. This makes sure that you don't fall into a debt trap where you take a successive loan to pay off two or three loans that are due soon.