Cash Stop Loans Blog

Borrow Smarter in BC

Borrow Smarter with Short-Term Loans: Avoid Costly NSF Fees Managing unexpected expenses or bridging the gap between paydays can be challenging, especially when your bank

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Cost of Borrowing

British Columbia Resident Agreement

Maximum charges permitted in British Columbia for a payday loan: 14% of the principal

We charge: 14% of the principal

Maximum charges permitted in British Columbia for a payday loan: 14% of the principal
We charge: 14% of the principal

For a $300.00 loan for 14 days:

Total cost of borrowing = $42.00
Annual Percentage Rate =365% per year.

This information meets the requirements of the Business Practices and Consumer Protection Act.
License Number: 49756

Cost of Borrowing

British Columbia Resident Agreement

Maximum charges permitted in British Columbia for a payday loan: 14% of the principal

We charge: 14% of the principal

Maximum charges permitted in British Columbia for a payday loan: 14% of the principal
We charge: 14% of the principal

For a $300.00 loan for 14 days:

Total cost of borrowing = $42.00
Annual Percentage Rate =365% per year.

This information meets the requirements of the Business Practices and Consumer Protection Act.
License Number: 49756

BC Consumer Protection License