Nigerian Canadian Newspaper Canada
For advert, please contact
publisher@nigeriancanadiannews.ca
1 (416) 318-3506
  • Home
  • World News
    • Africa
      • Nigeria
        • #EndSARS
        • #NigeriaDecides2019
        • Nigerian News
      • Ghana
    • North America
      • USA
      • Canadian News
    • Europe
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
    • Canada Health
  • Lifestyle
    • Relationships
    • Technology
    • Religion
    • Sports
    • Beauty/Fashion
    • Family
    • Entertainment
    • Career
    • Food/Drinks
    • Home & Property
    • Social Phychology
  • Community
    • Churches
    • Events
    • Obituaries
    • Contact us
    • Archives
No Result
View All Result
  • Home
  • World News
    • Africa
      • Nigeria
        • #EndSARS
        • #NigeriaDecides2019
        • Nigerian News
      • Ghana
    • North America
      • USA
      • Canadian News
    • Europe
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
    • Canada Health
  • Lifestyle
    • Relationships
    • Technology
    • Religion
    • Sports
    • Beauty/Fashion
    • Family
    • Entertainment
    • Career
    • Food/Drinks
    • Home & Property
    • Social Phychology
  • Community
    • Churches
    • Events
    • Obituaries
    • Contact us
    • Archives
No Result
View All Result
Nigerian Canadian Newspaper Canada
No Result
View All Result
Home Business

Is a payday loan right for you?

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
April 5, 2017
in Business
0 0
0

(NC) Is a payday loan the best way for you to borrow money? While tempting, a payday loan can have unexpected fees and cost more than you think. Reach your own conclusions with these key facts you should know before turning to a payday loan lender.

  1. Payday loans are extremely expensive. Know the government rules that are in place to protect consumers. For example, under Ontario regulations a payday lender cannot charge a fee of more than $18 for every $100 borrowed.
  2. If you get a payday loan of $100 in Ontario for two weeks, that two-week fee of $18 equals 468 per cent when calculated as an annual interest rate.
  3. A late fee is just one of the charges you’ll face if you fail to pay back your loan in full and on time with funds the payday lender draws directly from your bank account. Your bank, credit union or other financial institution might charge you other penalty fees, such as an amount for having ‘non-sufficient funds’ in your account. A typical NSF charge at a bank is around $50.

Find more information, including other ways to borrow money, online at itpaystoknow.gc.ca.

Post Views: 156
ShareSendShareSend
Nigerian Canadian Newspaper Canada

Nigerian Canadian Newspaper Canada

Related Posts

Africa

Report reveals how 39% of African businesses have been affected by flooding in 2022, by Stanley Ugagbe

November 8, 2022
Business

Elon Musk reveals Twitter workers demand $15,000 to verify users

November 6, 2022
Nigerian government lifts Twitter ban
Business

Sacked Twitter staff storm the platform to announce they have been fired

November 5, 2022
Next Post

3 things to consider before renovating

Inspect before you accept your new home

March 2017

March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    

Health

Lifestyle

Community

Sports

Worldwide

Contact Us

Quick Link

  • Home
  • Advertise
  • Careers
  • Monthly Edition
  • Home & Property
  • World News

Recent News

  • The Vindication of Mazi Nnamdi Kanu and the Biafra Question March 22, 2023
  • Share a problem – What is expected of a woman in marriage? March 22, 2023
  • Earthquake hits Afghanistan, kills three and injures dozens March 22, 2023

© 2023 Nigerian Canadian Newspaper Canada. Powered by NASCI.

No Result
View All Result
  • World
    • Africa
      • Nigeria
    • North America
      • Canadian News
      • USA
  • Monthly Edition
  • Business
    • Business & Investment
    • Business News
    • Personal Finance
  • Government & Politics
  • Law
  • Opinion
    • Columnist
    • Editorial
  • Health
  • Lifestyle
    • Religion
    • Technology
    • Sports
    • Beauty/Fashion
    • Relationships
    • Food/Drinks
    • Home & Property
  • Community
    • Events
    • Churches
    • Obituaries

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Cleantalk Pixel
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT