Payday Loans Newfoundland and Labrador - Compare Providers

ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
81683676800 Windmill Microlending$15,000 5.95% Up to 60 months
$15,000
1001666051200 Nyble$20 - $100 0% -
$20 - $100
1001643932800 FlexMoney$500 - $15,000 +18.9% APR 6 - 60
$500 - $15,000
111639094400 Loanz$1,000 - $15,000 29.9% - 46.9% APR   12 - 60
$1,000 - $15,000
71637280000 Symple Loans$5,000 - $50,000 5.75% - 22.99% Up to 84
$5,000 - $50,000
1001623369600 AfterpayVaries 0% 6 or 8 weeks
Varies
71620777600 Spring FinancialUp to $35,000 9.99% - 46.96% 6 - 60
Up to $35,000
171607558400 Helium Loans$500 - $50,000 6.99% - 46.99% 12 - 36
$500 - $50,000
1001600646400 Iceberg Finance$1,000-$7,500 12.99% - 29.99% 24 - 60
$1,000-$7,500
1001598918400 LM Financial$1,000 - $15,000 - -
$1,000 - $15,000
1001598832000 LM Credit$500 – $15,000 + 25.99% 9 - 60
$500 – $15,000
1001595980800 FlexiLoans$200 - $1,200 25% - 32% -
$200 - $1,200
1001593561600 PayBright- 0+ 2 - 60
-
1001582243200 LendCare- - Up to 60
-
1001580947200 ECN Capital- - -
-
91580860800 SimplyBorrowed$500 - $5,000 - 12 - 24
$500 - $5,000
1001580860800 Pebble Cash$350 - $1,000 - 2 - 12 weeks
$350 - $1,000
21580860800 Refresh Financial$1,600 - $25,000 19.99% APR 36 - 60
$1,600 - $25,000
101580774400 goPeer$1,000 - $25,000 7.5% - 31.5% APR 36 - 60
$1,000 - $25,000
1001579478400 North’n Loans$100 - $1,500 - -
$100 - $1,500
1001579478400 MDGUp to $3,200 - -
Up to $3,200
1001579219200 Loan or Credit$100 - $25,000 +4.9% -
$100 - $25,000
1001576713600 Flexiti Financial- Up to 35% -
-
181576713600 Financeit$500 - $100,000 6.99% - 14.99% 12 - 240
$500 - $100,000
1001575590400 Climb1800- 2900 15.99% 23 - 36
1800- 2900
1001562198400 Pylo Finance$500 - $15,000 15.99 - 39.99% 6 - 60
$500 - $15,000
1001560124800 Fresh Start FinanceUp to $15,000 29.99% - 46.96% 9 - 60
Up to $15,000
91545955200 MarbleUp to $20,000 18.99% - 24.99% 36 - 84
Up to $20,000
81552262400 Money Mart$1,000 - $15,000 19.90% - 46.90% 12 - 60
$1,000 - $15,000
1001551830400 Payday King$100 - $1,000 546% APR 14 days
$100 - $1,000
1001569974400 Private Loan Shop$500 - $50,000 15 - 30% -
$500 - $50,000
1001551830400 Progressa$1,000 - $15,000 19% - 46.95% 6 - 60
$1,000 - $15,000
1001551398400 Money Provider$500 - $1,000 28% - 32% -
$500 - $1,000
1001551398400 Loan Express- - 14 days
-
151546128000 Loan AwayUp to $5,000 19.9% - 45.9% APR 6 - 36
Up to $5,000
1001551139200 Lendful$5,000 - $35,000 9.9%+ 6 - 60
$5,000 - $35,000
101551139200 LendDirectUp to $15,000 19.99% APR Open-end
Up to $15,000
1001550534400 Health Smart Financial Services$300 - $25,000 7.95%+ 36 - 60
$300 - $25,000
1001550534400 Focus Financial Inc.Up to $1,500 Up to 59% APR 14 days
Up to $1,500
1001550534400 Eastern Loans$500 - $1,000 28% - 32% 3 -5
$500 - $1,000
1001550534400 DMO Credit$300 - $1,000 38% APR 3 - 4
$300 - $1,000
1001549411200 Capital Cash$100 - $1,000 546% APR 14 days
$100 - $1,000
1001549238400 Credit 700$500 - $1,000 28% - 32% 4 - 5
$500 - $1,000
1001549238400 Credit2Go$250 - $1,000 29% APR 3 - 4
$250 - $1,000
201548720000 Ledn$500 - $1,000,000 7.9% 12
$500 - $1,000,000
1001548720000 Amber Financial$1,000 - $50,000 4.6% – 49.96% 3 - 60
$1,000 - $50,000
1001548633600 Affirm Financial$300 - $7,500 29.9% - 39.9% 6 - 60
$300 - $7,500
1001548633600 310 Loan$50 - $1,500 - 14 days
$50 - $1,500
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
161545264000 Ferratum$2,000 - $10,000 18.9% - 54.9% 12 - 60
$2,000 - $10,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
11543622400 Fairstone FinancialUp to $50,000 19.99% - 39.99% 6 - 120
Up to $50,000
1001545264000 Consumer Capital Canada$500 - $12,500 19.99%+ 12 - 60
$500 - $12,500
1001545350400 LaminaUp to $1000 30% 3 - 5
Up to $1000
1001545350400 Loans SOSUp to $5,000 60% 6 - 60
Up to $5,000
1001545350400 Cashco FinancialUp to $7,000 - 6 – 60
Up to $7,000
1001545350400 UrLoan$500 - $2,500 29% - 46.95% 6 - 36
$500 - $2,500
1001545350400 LoanMeNow$500 - $1000+ 28%-32% 3
$500 - $1000+
1001545350400 Captain Cash$500 – $750 28% – 34.4% 3
$500 – $750
1001545350400 BC Loans$500 – $750 23% - 34.4% 3 – 12
$500 – $750
1001545350400 Urgent Loans$300 - $1500 27% - 35% 3 - 4
$300 - $1500
61545264000 easyfinancial$500 - $100,000 Starting at 29.99% 9 - 84
$500 - $100,000
41545264000 Mogo Finance$300 – $35,000 9.9% - 47.72% 24 - 60
$300 – $35,000
51545177600 Borrowell$1,000 - $35,000 5.99% - 29.19% 36 - 60
$1,000 - $35,000
141545177600 Magical CreditUp to $20,000 19.99% - 46.8% 12 - 60
Up to $20,000
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
81669852800 Driven$500 - $300,000 - 2 - 24 months
$500 - $300,000
1001648512000 2M7 Financial Solutions$10,000 - $250,000 Varies 6-12
$10,000 - $250,000
1001620345600 TD Bank- - 12 - 60
-
1001611878400 Accord Financial$5,000 - $30,000,000 - Up to 18
$5,000 - $30,000,000
171607558400 Helium Loans$500 - $50,000 6.99% - 46.99% 6 - 36
$500 - $50,000
1001598918400 Loop- - -
-
1001585612800 BarterPay- 0.9% - 12% 6 months - 5 years
-
1001581984000 Clearbanc$10,000 - $10,000,000 6% - 12.5% -
$10,000 - $10,000,000
1001581033600 GE Capital- - -
-
1001581033600 We Can Financial- - -
-
1001580947200 Key Equipment Financing- - -
-
1001580947200 Corl$10,000 - $1,000,000 - -
$10,000 - $1,000,000
1001580860800 Yellowhead Equipment Finance Ltd- - -
-
1001580860800 Specialty Truck Financing- - -
-
1001580860800 Travelers Financial- - -
-
1001580860800 Peel Financial- - -
-
1001580860800 Pioneer Financial Services$5,000 - $1,000,000 - -
$5,000 - $1,000,000
1001580860800 Polaris Leasing- - -
-
1001580860800 Patron West- - -
-
1001580860800 Payabilityup to $250,000 - -
up to $250,000
1001580860800 Planet Financial- - -
-
1001580688000 RiseUp to $10,000 - -
Up to $10,000
1001580256000 Merchant Growth$5,000 - $500,000 - 6 - 18 months
$5,000 - $500,000
1001579478400 Onesta- - -
-
1001579478400 Lionhart Capital$10,000- $30,000,000 Min 4.95% -
$10,000- $30,000,000
1001579478400 Lift Capital- - 12 - 120
-
1001579478400 Leaseline- - 24 to 60
-
1001579478400 Lease Direct- - -
-
1001579478400 John Deere- - -
-
1001579046400 Hitachi Capital Canada- - -
-
1001577059200 Export Development Canada- - -
-
1001577059200 Essex Lease Financial Corporation- - -
-
1001577059200 Equilease- - -
-
1001575849600 Alliance Financing Group LTD$5,000 - $150,000 15% + 6 - 24
$5,000 - $150,000
1001575849600 CanaCapUp to $250,000 - -
Up to $250,000
1001575590400 CLE Capital- - -
-
1001575590400 Canada Equipment Loan- - -
-
11545955200 SharpShooter Funding$5,000 - $150,000 Fee-Based: Starting at 9% 12 - 60
$5,000 - $150,000
1001552262400 Laurentian Bank of CanadaUp to $250,000 - Up to 10 years
Up to $250,000
1001552262400 HSBC Bank Canada- - -
-
1001552262400 National BankUp to $1,000,000 - -
Up to $1,000,000
1001551830400 Canadian Imperial Bank of Commerce (CIBC)$10,000+ - Up to 15 years
$10,000+
1001551830400 ScotiabankUp to $1,000,000 -   Up to 15 years
Up to $1,000,000
1001551830400 Bank of Montreal (BMO)Up to $500,000 - Up to 10 years
Up to $500,000
1001551830400 Royal Bank of Canada (RBC)$5,000 - $10,000 - Up to 7 years
$5,000 - $10,000
1001551398400 CWB National Leasing$3,500+ - -
$3,500+
1001551398400 Money in Motion$10,000 - $1,000,000 4% - 14% 12 - 84
$10,000 - $1,000,000
1001551139200 Lease LinkUp to $75,000 - Up to 18
Up to $75,000
1001550534400 FundThrough$500-$50,000 0.5% weekly 12 week cycles
$500-$50,000
1001550534400 Econolease Financial Services Inc.$1,000 - $1,000,000 6% - 20% -
$1,000 - $1,000,000
1001550534400 Easylease CorpUp to $5,000,000 4.5% 24 - 72
Up to $5,000,000
1001550534400 Capify$5,000 - $200,000 - -
$5,000 - $200,000
1001549411200 Canadian Equipment Finance$50,000 - $12,000,000 - 24 - 96
$50,000 - $12,000,000
1001549411200 Capital Key$5,000 - $1,000,000+ - 1 - 60
$5,000 - $1,000,000+
1001549238400 Cashbloom$5,000 - $1,000,000 - 3 - 24
$5,000 - $1,000,000
1001548720000 BFS Capital$5,000 - $5,000,000 - 4 - 18
$5,000 - $5,000,000
1001548720000 BDCUp to $100,000 6.05% + 60
Up to $100,000
1001548720000 Baron Finance$10,000+ 18% - 22% -
$10,000+
1001548720000 B2B Bank$10,000 - $300,000 4.70% - 5.45% -
$10,000 - $300,000
51545177600 Borrowell$1,000 - $35,000 5.6% – 25.5% 36 – 60
$1,000 - $35,000
1001545264000 iCapital$5,000 - $250,000 - 3-18
$5,000 - $250,000
1001545264000 Lendified$5,000 - $150,000 - 3 - 24
$5,000 - $150,000
1001545350400 IOU Financial$5,000 – $100,000 15% + 12 – 18
$5,000 – $100,000
1001545264000 Company Capital$5,000 – $100,000 Starting at 6.87% 3 – 18
$5,000 – $100,000
1001545177600 OnDeck$5,000-$250,000 8% - 29% APR 6 - 18
$5,000-$250,000
1001545177600 Lending Loop$5,000 – $500,000 Starting at 5.9% 3 – 60
$5,000 – $500,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
1001561507200 Thinking CapitalUp to $300,000 - -
Up to $300,000
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
41632960000 SafeLendUp to $50,000 14.9% + 12 -72
Up to $50,000
61624233600 Auto Credit DealsUp to $50,000 29.99% – 46.96% 12 - 96
Up to $50,000
171607558400 Helium Loans$500 - $50,000 - 24 - 60
$500 - $50,000
1001600646400 Iceberg Finance$1,000-$7,500 12.99% - 29.99% 12 - 84
$1,000-$7,500
1001594339200 Alphera Financial Services- - -
-
1001581033600 WeFinanceCars- + 4.9% -
-
1001581033600 Walker Financial Services- - -
-
1001580688000 Rifco- - -
-
1001579478400 National Powersports Financing- - -
-
1001579478400 LMG Finance- - -
-
1001578873600 iA Auto Finance- +8.99% -
-
1001578873600 Gamache Group- - -
-
1001551830400 Royal Bank of Canada (RBC)$5,000 - $10,000 - up to 84
$5,000 - $10,000
1001552262400 Laurentian Bank of CanadaUp to $250,000 - 12 - 60
Up to $250,000
1001552262400 National BankUp to $1,000,000 - up to 96
Up to $1,000,000
1001551830400 DesjardinsUp to $100,000 - 6 - 96
Up to $100,000
1001551830400 Canadian Imperial Bank of Commerce (CIBC)$10,000+ - 12 - 96
$10,000+
1001551830400 ScotiabankUp to $1,000,000 - up to 96
Up to $1,000,000
1001577059200 Daimler Truck Financial- - up to 72
-
1001577059200 DealerPlan Financial- - -
-
1001575849600 Coast Capital Savings- Starting at 4% Up to 84
-
1001575849600 Canada Auto Finance$5000 - $45,000 4.90 % - 29.95% APR 36 - 72
$5000 - $45,000
1001575849600 Credit River Capital Inc- - -
-
1001575590400 Capital Trust Financial- - -
-
1001575590400 Canadian Truck Loan- - -
-
1001575504000 Canada Car Loans- - -
-
21569974400 Car Loans Canada$7500 - $59,995 3.95% + 12 - 96
$7500 - $59,995
1001562112000 Car Creditex- Up to 49.9% -
-
1001561507200 Auto Capital Canada- - -
-
1001561507200 Carfinco- - Up to 84
-
11560124800 Canada DrivesUp to $100,000 3.99% - 19.9% 24 -96
Up to $100,000
1001548720000 Approve Canada- - -
-
1001548633600 2nd Chance Automotive- 4.2%+ -
-
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
1001545177600 Splash Auto Finance by RifcoUp to $50,000 - -
Up to $50,000
1001545177600 Carloans411$5,000 – $40,000 - 12 – 72
$5,000 – $40,000
1001545177600 AutoArriba- - Maximum 84
-
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
1001578873600 Instant Loans Canada$1,000 - $35,000 - 24 - 60
$1,000 - $35,000
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
1001545264000 BHM FinancialUp to $25,000 - 12 - 60
Up to $25,000
ProviderLoan AmountRateTerm (Months)Rating
00 N/AN/AN/A
N/A
1001627344000 Peoples Bank- 1.94% - 2.45% 12 - 60
-
41545264000 Mogo Finance$300 – $35,000 2.20% - 2.54% 36 - 60
$300 – $35,000
1001581033600 Mortgage Alliance- 2.74% - 6.30% 12 - 120
-
1001580947200 Paradigm- - -
-
1001580860800 Verico- - -
-
1001580860800 True North Mortgage- 2.64% - 4.45% 12 - 120
-
1001580860800 Tangerine$50,000+ 2.74% - 3.49% 12- 120
$50,000+
1001580860800 Turnedaway- - -
-
1001580860800 REICO- - -
-
1001580688000 Motusbank- 2.79% - 6.00% 6 - 60
-
1001579478400 Mortgage Architects- 2.74% - 3.70% 6 - 120
-
1001578873600 IntelliMortgage- - -
-
1001578873600 Invis- 2.69% - 3.95% 6 - 120
-
1001577059200 Dominion Lending Center- - -
-
1001577059200 First National Financial LP- 2.84% - 7.30% -
-
1001574899200 CHIP Reverse Mortgagemin 25,000 3.89.% - 4.84% 12 - 60
min 25,000
1001560124800 Centum- 2.89% - 3.79% -
-
1001548720000 Broker Financial Group Inc.- 2.41% - 3.84% -
-
11517097600 Alpine Credits$10,000+ Based on equity -
$10,000+
ProviderServicesRating
00 Debt Consolidation Program, Debt Settlement Program, Consumer Proposal, Bankruptcy Consultation
N/A (Referrer)
1001576540800 BDO Credit Counselling, Bankruptcy, Consumer Proposal
1001576540800 Full Circle Debt Solutions Inc Credit Counselling, Debt Management Program
1001576368000 Consolidated Credit Credit Counselling, Debt Management Program
1001576454400 4Pillars Debt Restructuring, After Care - Credit Rebuilding Program, Corporate Debt Restructuring

Payday loans have not yet been banned in Newfoundland & Labrador, but maybe they should. As convenient and appealing as they may sound, the reality is that payday loans can lead you down a risky financial path, due mainly to the debt cycles they often cause.

Why Avoid Payday Loans?

Typically, payday loans come in amounts of $1,500 or less and are accompanied by a payment date of 14-days (or a common paycheck term) following approval.

Newfoundland & Labrador consumers may find them tempting because:

  • No credit check will be performed
  • Only a chequing account, proof of residency and at least 3-months steady income/employment needs to be verified
  • Same-day approval and funds deposit (from on-site store locations), which can be beneficial for emergency financial situations

However, the reasons you should avoid payday loans are:

  • Newfoundland & Labrador is one of the only Canadian provinces that has not capped their maximum interest rate at 25% or $25 per $100 borrowed (it currently remains at 60% or $60 per $100 borrowed)
  • The Newfoundland & Labrador provincial government has also yet to impose any of the same, stricter payday loan regulations as most other provinces
  • Newfoundland & Labrador payday loans come with other high fees (administration, defaulting, cheque cashing, etc.)
  • Newfoundland & Labrador is also one of the only provinces where “rolling over” your loan is still legal (getting an additional loan, even if your previous balance isn’t paid yet)
  • These high rates, fees, and penalties, coupled with the roll-over option can cause an extreme cycle of debt under the wrong circumstances, one that can take months, even years to recover from

How to Break The Payday Loan CycleCheck out this infographic to learn more about the payday loan cycle.

Why Are Payday Loans Considered “Predatory”?

Generally speaking, Newfoundland & Labrador borrowers apply for payday loans when they have a serious financial emergency, poor credit or a low income which stops them from qualifying at their bank, or they simply don’t know any better. Payday loan lenders then use their desperation for cash as a way to justify their unreasonably high fees.

Want to know how you can qualify for a personal loan instead? Read this.

Because the Newfoundland & Labrador government hasn’t imposed the same payday loan rules as the majority of Canada (although they supposedly will within the next year or two), it’s also become easier for scam artists to create fake online payday loan websites. While not all online payday loan sources are fake, scammers use the idea to take advantage of desperate borrowers, stealing their money, as well as their personal and banking information.

Here’s how you can avoid predatory lending and scamming in Newfoundland & Labrador:

  • Look out for the “rollover” option. Avoid taking out more loans just to pay off your others. This is the easiest way to land yourself in debt.
  • Beware of false or vague advertising. You should always be aware of exactly how much your loan will cost you in payments, fees, and interest by the end of your term. If your lender in Newfoundland & Labrador doesn’t answer your questions properly or specify exactly what they charge within their contracts or through some form of clear advertising, walk away.
  • Watch the way the lender or salesperson behaves. While it’s common for any salesperson to sweet-talk you into buying their products, be very careful when it comes to payday loans. If it seems like they’re trying to coax you into giving them your information, they’re being too pushy, forceful or downright rude, it’s another sign that they’re trying to take advantage of you. Even if they want you to pay your loan, they have no right to threaten, bully or manipulate you.

To learn how you can identify a loan scam, watch this video.

Alternative Choices in Newfoundland & Labrador

Depending on how bad your current debt, credit, and finances look, there are still many other loan and credit products in Newfoundland & Labrador that will save you far more money and offer you more benefits than any payday loan ever will.

Some of these products include (but aren’t limited to):

  • Credit Cards: While you should be aware of the fact that credit cards can also lead to unmanageable debt when you use them too much, they are a far less dangerous way of financing most common expenses.
  • Installment Loans: These are loans of varying amounts and are meant to be paid off in scheduled “installments”, rather than all at once (common with a payday loan). Your approval will be based on your overall financial health. If you have poor credit, you may have to apply at a bad credit lender, instead of your bank. However, they will likely come with a much lower interest rate and a negotiable payment period.
  • Vehicle Title Loans: Here, you must fully own a vehicle to be approved. You’ll then be granted a loan amount based on the vehicle’s current market value. Be careful here, because if you miss too many payments, your lender could confiscate and sell your vehicle as collateral.
  • Home Equity: When you’re mortgaging or you own a home completely, you can leverage your equity (the amount you’ve paid toward the mortgage) as collateral for a loan. Again, be careful, because certain circumstances allow your lender to foreclose on your home and sell it if you default for too long.
  • Debt Consolidation Loans: If approved, you’ll be given a loan that’s large enough to pay off most of your smaller debts, leaving you with a single payment schedule and lower interest rate. However, these loans aren’t always easy to qualify for, so ask your lender about their process before you apply.
  • Debt Management Programs or Debt Settlements: If your current debt level is more severe, you can hire a credit counsellor in Newfoundland & Labrador to contact your lenders for you. Together, they may discuss a plan for you to pay back your debt through a more reasonable payment plan, possibly even reducing your bill in the process. Your lenders might not accept your program or settlement, however, so be prepared to consider the next options.
  • Consumer Proposals: When your debt is so bad that your lenders won’t accept any of the payment methods above, you can try hiring a licensed insolvency trustee in Newfoundland & Labrador to discuss a legally binding contract with your lenders. If accepted, your contract could reduce your outstanding balance and offer you a more affordable payment plan. Just be aware of the fact that a consumer proposal may affect your credit for up to 3 years.
  • Bankruptcies: As your last line of defense, declaring personal bankruptcy can save you from a lifetime of debt. If approved, your debts will be cleared and all debt collection efforts against you will cease. However, this is meant to be a last resort! Your credit will be damaged for up to 7 years and you’ll likely have to make surplus income payments toward the court during that time.

If you have any questions or concerns, you can seek out credit counselling in Newfoundland & Labrador.

Frequently Asked Questions

Can I qualify for a loan even if I’m unemployed?

Yes. But even if you’re unemployed, some kind of income is required to be able to make the payments. There are providers that consider income from alternative sources. Usually, such an income would be government support or a private pension. Depending on the payday lender, they may consider the Canadian Pension Plan (CPP), Employment Insurance (EI), disability assistance, or private pensions, as income when processing your loan application.

What is the maximum allowable interest rate for payday loans in Newfoundland and Labrador?

The province of Newfoundland and Labrador holds one of the highest payday loan rates in the country. Payday lenders in the province are permitted to charge a maximum of $21 per $100 lent. On the other hand, many other provinces allow only up to $15. Newfoundland and Labrador’s rate is the equivalent of an almost 550% annual interest rate assuming a two-week loan. The reason that payday lenders, in general, can charge such astronomically high-interest rates is because of the quick turnaround of the loan, which is expected to be repaid within your next 1 or 2 paychecks.

Do payday loans affect your credit score?

Payday lenders do not typically check credit reports nor do they report to the credit bureaus either. Their primary way of determining approval is by verifying your employment or another income source, identity, address, and bank account. Applying or being approved for a payday loan should not directly affect your credit. However, if you fail to repay your loan, your debt could be sold to a debt collection agency who will most likely report it to a credit bureau. And having something in collections can greatly worsen your credit rating.

How Can Loans Canada Help?

Since payday loan lending is still fairly unregulated in Newfoundland & Labrador, it may be best for you to avoid these loans altogether. Unless, of course, you have no other choice. However, if you would like to try a loan or credit product that works better for your financial health, Loans Canada can help you find it. Contact us today for healthier alternatives tomorrow!

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Payday Loan Debt Relief: Stop The Payday Loan Debt Cycle
Payday Loan Debt Relief: Stop The Payday Loan Debt Cycle

Are you struggling to repay your payday loan debt? Check out these payday loan debt relief options in Canada.

Subprime Loans In Canada
Subprime Loans In Canada

Are you struggling to get a loan due to bad credit? Find out what are subprime loans and how you can get one.

Windmill Microlending Skilled Immigrant Loan Review – 95% Approval Rate
Windmill Microlending Skilled Immigrant Loan Review – 95% Approval Rate

Windmill Microlending offers skilled immigrants of any status a 5.95% interest loan to pay for books, certification and career enhancing

Loans For Immigrants In Canada
Loans For Immigrants In Canada

Have you recently made Canada your new home? Are you looking for loans to help cover important expenses? Find loans for immigrants in Canada.

Can You Get Government Funding For An AZ License In Ontario?
Can You Get Government Funding For An AZ License In Ontario?

An AZ license in Ontario is expensive. Find out if you can get government funding for an AZ license in Ontario.

The Real Cost Of A Buy Now Pay Later (BNPL) Service
The Real Cost Of A Buy Now Pay Later (BNPL) Service

While Buy Now Pay Later (BNPL) services may be convenient, it does come at a price. Here's what can make BNPL services more expensive than you think.

Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%
Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%

Did you know the criminal interest rate is dropping from 47% to 35% APR ? Find out how it will affect your ability to qualify for loans.

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