Rates and Fees

Loans Mate is a one stop destination to find a suitable loan plan that meets your requirements perfectly. This website does not charge any fees for its loan comparison services. Our online registration is totally free from all charges and puts no obligation on you. Our services are basically designed to process your information and helping you find the most efficient lender based on your requirements and credentials. It is really very important for lenders to display rates and fees, interest charges, APR and other additional cost of the loan on their website. Borrowers are recommended to review all these details carefully on lender's website before signing any loan agreement with the lender. You should be aware of implications of non-payment and terms of the loan before you agree to them. Rates and fees of the loan will be directly decided by the lenders only and we have no role and are not responsible for any actions and inactions of the lenders on its network.

If you have any queries or questions regarding your loan, repayment term and interest rates then you should contact you lender directly as we not constitute to lend. Generally payday loans are charged with high interest rate, because of its short term financial nature. The loan amount may vary from lender to lender, depending on your income and needs. APR on these loans also depends on the amount you borrow according to your credentials and repayment term. The APR period of loan is different in different states of Canada and a lender can charge in the range from 200% and 1386%. Please check APR information carefully before signing the loan agreement with the lender.

Late payment, no payments and extending repayment schedule may result in additional interest rates and penalties. This will make your loan even more expensive. So, you must go for these loans only when you are sure about you can afford to pay them back within agreed time.

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