Licensed Lender: Simple Financial is fully licensed under the Ontario Payday Loans Act. Ontario License #4741528.
Maximum Cost: We charge no more than $14 per $100 borrowed, in accordance with Ontario’s regulated limits.
Short-Term Use Only: Payday loans are intended for short-term, occasional use. They are not a long-term financial solution.
High Costs: Payday loans can carry higher costs than traditional credit. Always consider the total repayment amount.
Repayment Responsibility: Only borrow what you can afford to repay on time. Late payments may lead to additional fees.
Explore Alternatives: Consider other options like credit cards, personal loans, or community support programs before applying.
Financial Advice: If you’re experiencing ongoing financial hardship, speak with a financial advisor or credit counselor.
Use Responsibly: Borrow responsibly to avoid creating or worsening financial difficulties.
This information is provided for general guidance and is not financial advice. Always assess your own financial situation carefully before borrowing.
