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Start Over TODAY! |
Linda, Etobicoke
I would like to give a special thanks to Zeev, he is an outstanding person with a lot of patience. Every time I call him he’s right on top of my business and he’s always willing to lend a friendly ear, which makes me feel I have a second chance and a real friend I can count on. I give him upmost respect. Job well done! |
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Receive a FREE Consultation
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DEBT LEARNING CENTER |
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Understanding the real interest cost of pay day loans |
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WE CAN HELP YOU
with unsecured Debts including:
Credit Card Debt
Most Credit Line
Department Store Cards
Retail Store Cards
Unsecured Personal Loans
Auto Loans
Unsecured Business Debts and more
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1110 Finch Avenue West
Suite 407A, Toronto, Ontario
M3J 2T2
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Pay Day Loans
- Loans that must be repaid by the time you receive your next paycheck are known as pay day loans. This type of loan is short-lasting.
- Unfortunately, in many cases, people are unable to repay the amount borrowed within the set deadline so the amount interest on the load accumulates. The amount of interest on a $1000 loan will be from $100 to $300 depending on the company and interest rate. If a small loan requires twelve months or more the final figure is $4,500 to well over a whopping $10,000.
- This type of loan will not benefit those who wish to improve their credit. Pay day loans do not submit information to credit reporting bureaus unless the loan is in default.
Call us today and ask any questions that might be on your mind at (416) 663-5444
Alternatively you can write to us here and one of our Counsellors will be happy to assist you.
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