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At Same Day Short Term Loans, we do make it a point to offer quick financial assistance to those who are going through a difficult time. By applying for the loans through us, the applicants at any point of time can consider availing monetary relief in between C$100-C$1500, so as to tackle various short term financial needs. However, to be in a position to attain the desired funds, it becomes quite essential to have proper information about the varied terms and rates, pertaining to the loans that you want to avail with our assistance. There are certain fees which might be charged from you on a one time basis and it does not include the admin or other charges.

If you are deriving loans, then it is a must to pay the interest rate. The lenders base the charges on the loans by evaluating your monetary background and credit history. Needless to say, if you are someone with a negative credit history, then you will of course have a slightly higher rate of interest. But if you do make the payments on time and clear the dues, before applying for the loans, then you can indeed expect lower tariffs, as your credit score tends to improve.

The Annual Percentage Rate or APR tends to vary from lender to lender and it is calculated entirely on the basis of the loan amount borrowed along with that of the repayment tenure. Although applying for the loans will never cost you a dime, but in the case of extending the tenure, you are then required to pay additional charges as well.

Moreover, it is suggested to go through the loan agreement beforehand, so as to know more about the rates and terms on the loans that you want to attain through us.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

Do not pay any lender or broker an upfront fee to process your loan application.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

Representative Example
C$125 borrowed for 28 days.
Annual rate of interest: 360% (fixed).
Total amount payable by one repayment: C$162.50
2964% APR representative.