Responsible borrowing
Borrow with a clear repayment plan.
Short-term loans can be expensive. Review alternatives and provider terms before accepting.
Before accepting an offer
- Confirm the total amount repayable.
- Check repayment timing and payment method.
- Review late-payment and NSF fees.
- Confirm provider licensing where required.
- Keep copies of your loan documents.
Alternatives to consider
Payment plans, overdraft protection, credit union products, employer advances, community assistance or credit counselling may be lower-cost options.