We bring quality, integrity and unparalleled flexibility to the table and nothing less.
WHY CHOOSE COOLCASH?
We bring integrity, quality and unparalleled flexibility to the table, and nothing less.
Applying for a loan of $500 or less should be simpler than applying for a major loan and we recognize that. Interest rates are applied early, which means it costs you less if you pay off your loan early, plus we have real people available by phone if you have any questions.
Needing a small loan is really not a big deal, which is why we have made the process so simple.
Ontario Rates and Terms
This loan agreement is governed by the applicable laws of Ontario, Canada. For Educational Material about Payday Loans approved by the Registrar please click here.
Maximum Loan Amount
Residents of Ontario may receive up to $500.00
Loan Terms
Generally, your loan payments will be scheduled on your next payday that falls between 5 and 30 days away.
Extensions/Rollovers/Refinance
In accordance with Ontario, Canada laws, your loan must be paid in full by the due date.
| Advanced Amount | Finance Charge | Payment Amount |
|---|---|---|
| Amount Financed | Cost of Loan | Total of Payments |
| $100 | $15 | $115 |
| $200 | $30 | $230 |
| $300 | $45 | $345 |
| $400 | $60 | $460 |
| $500 | $75 | $575 |
| Loan Term | Loan Term | Loan Term |
|---|---|---|
| (7 Days) | (14 Days) | (30 Days) |
| 782.14% | 391.07% | 182.50% |
| 782.14% | 391.07% | 182.50% |
| 782.14% | 391.07% | 182.50% |
| 782.14% | 391.07% | 182.50% |
| 782.14% | 391.07% | 182.50% |
This information is required under the Payday Loans Act, 2008.
Sample Borrowing Costs:
Below is an example of how Cool Cash works for a $300 loan with a 30 day term.
15
Maximum allowable cost (Per $100 borrowed)
300
Amount Advanced
45
Total cost of borrowing
345
Total you repay (391.07% APR)