Cash Cowboy

Cash Cowboy is a fully-certified and licensed payday loans company servicing the provinces of British Columbia, Alberta, Manitoba, Ontario, Canada. We specialize in equity and equality — with payday loans that give everyone a fair shake. We aren’t blown around in the wind by credit scores or histories, and make it possible to achieve your financial goals quickly and securely without making it hard. At Cash Cowboy, we know your request for a payday loan is just a lay-by on your journey to bigger things. Whether you really need it or simply want it, a short-term payday loan from Cash Cowboy is easy to get and can go a long way. And you won’t even need a lasso. # **Payday Loan Regulations in Canada: A Provincial Overview** ## **British Columbia (BC)** - **Minimum and Maximum Repayment Period:** The minimum repayment period for a payday loan in BC is typically 61 days, and the maximum repayment period is 62 days. - **Maximum Annual Percentage Rate (APR):** Payday loans in BC can have an APR of up to 109.50% for a typical loan. - **Interest Fees:** $15 per $100 borrowed. - **Non-Sufficient Funds Fees:** $45. - **Late Interest Fees:** 30%. ## **Alberta (AB)** - **Minimum and Maximum Repayment Period:** Alberta regulations require a minimum repayment period of 61 days and a maximum of 62 days for payday loans. - **Maximum Annual Percentage Rate (APR):** The maximum allowable APR in Alberta for payday loans is 109.50%. - **Interest Fees:** $15 per $100 borrowed. - **Non-Sufficient Funds Fees:** $45. - **Late Interest Fees:** 30%. ## **Ontario (ON)** - **Minimum and Maximum Repayment Period:** In Ontario, the repayment period for payday loans ranges from a minimum of 61 days to a maximum of 62 days. - **Maximum Annual Percentage Rate (APR):** The APR for payday loans in Ontario can reach up to 109.50%. - **Interest Fees:** $15 per $100 borrowed. - **Non-Sufficient Funds Fees:** $45. - **Late Interest Fees:** 30%. ## **Manitoba (MB)** - **Minimum and Maximum Repayment Period:** Manitoba's payday loan regulations set the repayment period between 61 and 62 days. - **Maximum Annual Percentage Rate (APR):** The maximum APR in Manitoba for payday loans is 109.50%. - **Interest Fees:** $17 per $100 borrowed. - **Non-Sufficient Funds Fees:** $45. - **Late Interest Fees:** 30%. For instance, in Ontario, a 62-day loan of $300 incurs an interest fee of $45. This brings the total repayment amount to $345, with an APR of 88.31%. No additional charges or fees will apply unless a payment is missed under the Loan Agreement. If a payment is missed, a non-sufficient funds (NSF) fee of $45 and a late interest fee of 12 cents per day will be charged until the remaining balance and missed payment fees are settled.