First of all, what is a cash advance? A cash advance is a short-term loan that is borrowed against your next paycheque. Typically cash advances range from $100 to $1,500† and are best used to cover emergency expenses when you’re short on cash between paydays.
Who to choose?
1. Choose a lender that is licensed to lend payday loans in your province of residence. DollarsDirect follows all provincial rules and regulations as well as the Canadian Payday Loan Association’s code of conduct.
2. Choose a payday loan provider that can provide you with the money you need, when you need. If you apply for a cash advance from DollarsDirect by 5 PM ET, and are approved, you can get cash deposited directly into your bank account as soon as the next business day.
3. Choose a lender that gives you options. DollarsDirect guarantees your satisfaction. This means that if you’re not completely satisfied with your experience, you can cancel your loan up to two business days after it’s been funded without any cost or fees. Simply return the principal.
If you have questions about payday loans, the Canadian Payday Loan Association can provide some helpful information on Consumer Protection. Or you can call, email or chat online with a DollarsDirect Customer Service representative.