The worst of them all for interest charges: Pay Day Loans (Money Marts, 24cash, Loadridge)
- Google “Ontario pay day loans” and you will get a list of companies that offer this service
- - use the table below and find the missing information for four of these companies
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Name of company |
Money Mart |
Cash Money |
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How much can you borrow?
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$1500 max |
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How long is the online application process? (mins)
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A few minutes |
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Can you apply if you don’t have a job?
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Yes |
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Can you apply if you have bad credit history?
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Yes |
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How much interest do they charge? (%) |
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792% |
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