Terms and conditions

Important clarification

Any transaction made on this site is deemed to have taken place at our offices, regardless of where the site was accessed from.

Warning before taking out a short-term loan

A micro loan is a short-term financial solution to a short-term problem. The first loan must be fully repaid before a new loan can be made.

Essential information

Unpaid Repayment

If you need to defer a payment, please contact us at least 48 hours in advance.Each missed payment will result in a $40 fee, and the outstanding balance will be carried forward to the end of your loan agreement. This incident will have no effect on your credit score, as we will not report it to the credit bureaus. Loans that are paid on time are more likely to be renewed in the future.

Loan Repayment

We want to make it clear that our collection practices are in accordance with Canadian laws and regulations. If you are unable to repay your loan, we will try to establish a new payment schedule that takes into account your ability to repay. Remember that late payments will incur interest charges, which will increase the amount owing. If legal fees are incurred during the collection process, you must pay them.

Terms and Conditions

In this agreement (“Agreement”), the words “you or your” refer to the customer identified on the front. The words “We”, “Us” and “Our” refer to getpaydayloans.ca.

Acceptance

As set forth in this Agreement, you agree to the terms of use described in this Agreement by authorizing us to debit your bank account when your loan matures. This Agreement constitutes confirmation of our agreement, including the terms and conditions, which have been communicated to you in writing by our office, on our website accessible at www.getpaydayloans.ca and verbally by one of our operators prior to the completion of the transaction.

Digital Submission of Funds

 

You agree to the electronic submission by us of all funds due and the representation of all submissions returned to us for any reason. This electronic representation may be for less than the original amount owed to us or in increments totaling the amount owed, including the maximum allowable insufficient funds fee that we charge.

Class Actions

You agree, to the extent permitted by law, not to commence, join or participate in any class action or multi-plaintiff action regarding any claim, dispute or controversy you may have against getpaydayloans.ca. You agree to the entry of injunctive relief to terminate any such lawsuit or to opt out as a participant in the lawsuit. This Agreement does not constitute a waiver of your rights and remedies to pursue any claim individually as set forth herein.

Documentation

You agree that emails, electronic forms, records, photocopies and/or faxes of documents you submit are valid and binding as the original. In addition, you agree that giving your verbal consent in person or by telephone, entering your name as an electronic signature, or in any other manner or method of acceptance as described herein constitutes acceptance of all of the terms and conditions of the Agreement, for which it shall be deemed valid and binding on all parties to this Agreement.

Electronic Signature / Verbal Consent

By accepting this application, you understand and agree to all of the terms and conditions of this agreement and by submitting the application online via the Internet or by phone, you are requesting a cash advance and certify that the information you provide is true and correct under penalty of perjury. You acknowledge that by submitting your electronic signature or verbal consent over the phone, you are not currently involved in a bankruptcy or contemplating one in the future. You authorize us to verify the information contained in this application and hereby give getpaydayloans.ca consent to obtain information about you from a consumer reporting agency or by any other available means.

Right to Refuse

You understand that getpaydayloans.ca, reserves the right to deny an applicant at any time, with cause determined by risk judgment, after completion of the applicant’s due diligence. In order to process this application, you understand that verification of the information you have provided is necessary, including but not limited to employment and bank account verification. You accept personal responsibility for protecting any PIN or customer number that may be assigned to you.