Alberta Loan Fees: $23 per $100
Alberta APR: Annual Percentage Rate = 599.64% (based on a loan term of 14 days)
Can I renew my loan?
No. A payday loan is meant for short term borrowing needs only. As such, we require your loan to be paid-off in full on the due date. You may not use the proceeds of another loan to do so.
Implications of non-payment or late payment
We understand that people's circumstances can change. If this is the case, you must let us know as soon as possible and we will do our best to help. Please be aware that unless payment is received, we will consider all options permitted by applicable law to pursue collection of the debt, including the right to pass your details onto a third party collections agency. If you are having problems making a payment please contact us 1-877-819-5857, and we can discuss your payment options.
The most important things to note are:
Policy on responsible lending
Money Mart operates in adherence with all federal, provincial and local regulation and those set forth by the Canadian Payday Loan Association. For more information visit the CPLA Website.
*Loan amounts are subject to minimum net pay and other qualification requirements. Ask a Money Mart Customer Service Representative for details. Alberta residents: The APR on a $300 loan originated online for 14 days is 599.64% on a rate of $23 per $100 borrowed.
401 Garbally Road Victoria, BC V8T5M3 Canada