The answers to these questions apply only to loans made online and are not applicable to loans made at store locations.A payday loan is a advance of money to help you meet your short term financial needs.
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The agreement must also clearly describe the payment obligations and the process a customer may take to file a complaint against the payday lender.
A payday lender can only have one outstanding payday loan per customer for a loan amount of up to $600.
Typically, the loan is repaid on your next pay day.
When a payday loan is obtained through Money Mart.ca, funds are available either for in-store pickup or deposited electronically into your bank account.
Money Key aims to remove the complexity that borrowers often experience when trying to borrow money.