Loan Payday is a responsible short-term lender, fully licensed and regulated by provincial laws. We’re committed to transparency and 100% compliance to ensure a safe and trustworthy borrowing experience.

The cost of borrowing at LoanPayday.ca is $15.00 per $100.00 for each $100.00 advanced.

On a $500.00 loan for 14 days, the cost of borrowing is $75.00, with a total payback amount of $575.00 and an annual percentage rate of 391.07%.

The maximum allowable cost of borrowing under payday loan agreements is $15.00 for each $100.00 advanced.