Canadian Cash Advance - Fast and Easy Cash
Canadian Cash Advance
Canadian cash advance loans are available for qualified applicants who need fast cash between paychecks.
Cash advances in Canada for amounts as small as $100 or to high as $1,500 are provided by payday lenders or their affiliates. Payday lenders grant qualified Canadian workers personal or online approvals for payday loans in minutes!
A payday advance or cash advance application and its corresponding approval are made easy and fast by payday lenders to qualified applicants. To qualify, you only need to comply with the following:
1. Currently employed for at least three months (or receive regular income)
2. Make at least $1000 per month after taxes
3. 8 years of age or older and a Canadian citizen
4. An active checking account
Applicants satisfying these requirements are qualified even if they have no credit, poor credit or bankrupt. Payday loans application can be done online or by going to a payday loan store. Once approved, cash advances are usually deposited in your account the following working day.
The loan is payable after 4 to 18 days, coinciding with your payday. Most lenders charge a flat fee regardless of when you pay the loan. Some lenders vary the interest rate depending on the length of the payday loans.
Currently, fees charged on payday loans online range from $15 to $30 on each $100 advanced. Most payday loans lenders offer clients "rolling overs" or "extensions" to the next payday.
However, the subsequent fees are doubled and there is a limit of normally up to two extensions only. This of course varies per Canadian cash advance lender.
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