Repayment of your loan
The repayment of your $ 1,500 loan is determined during our evaluation of your file. We set the frequency of your reimbursement according to your employer's pay period. For example, we will choose between :
- - 21 weekly payments of 108.10$. Your loan is repaid in 21 weeks.
- - 10 bi-weekly payments of 206.36$. Your loan is repaid in 20 weeks.
The amounts presented are provided only as an example for a loan of $ 1,500, as the calculations vary according to the brokerage fees for each file. Note that they indicate the minimum amounts to pay, you can increase the amount of the payments to repay your loan faster. That way, you pay less interest without any penalty. It is important to read all the terms and conditions relating to the repayment of your loan in the contract before affixing your electronic signature.