Cash Corner $100 for $1 offer is valid for an Ontario resident customer’s first pay day loan advance or first loan after 12 months. Offer is available at all Cash Corner locations. Offer is non-transferrable. The offer may be discontinued by Cash Corner at any time. Limit of one promotional offer/coupon per customer during the promotional period. The coupon or offer has no cash value or substitutions. To receive this offer, customer must repay their loan in cash or with debt on or before the due date. To qualify for a payday loan, a minimum net pay requirement is mandatory. Loan amounts are subject to net pay and other qualification requirements. Other conditions may also apply to qualify for a loan.
The maximum allowable cost of borrowing under payday loan agreements is $15 per each $100 advanced.
The cost of borrowing at Cash Corner is $15 per each $100 advanced. On a $500 loan for 14 days, the cost of borrowing is $75, with a total pay back amount of $575. As an example: A $100 for $1 with the promotion rate – This offer, the cost of borrowing would be $15 per $100 on a $100 loan for 14 days, the total cost of borrowing is $15.00 - $14.00 with the promotion coupon amount applied on the due date and the time the loan is paid in full, with the total payback amount of $101.00. Check with a customer service representative upon applying for a loan for full information and terms and conditions.
The Prizm® Visa® Pre-paid card is issued by All Trans Financial Services Credit Union Ltd. Pursuant to a license from Visa Int. Use of the card is governed by the agreement under which it is issued. For more information on card fees or limits please refer to the cardholder agreement or go to http://www.canacash.ca/web/guest/prepaid. The Visa Brand Mark is a registered trademark of Visa International Incorporated.