APR Information

The Annual Percentage Rate (APR) on a 14 day loan is 546%.

Implications of Non Payment

If a pre-authorized withdrawal is returned to CapitalCash for any reason, including but not limited to "NSF" or "account frozen," it will be considered as a non-payment. In these cases you will be charged an NSF fee of $49.50 from Capital Cash. You may also incur an overdraft charge from your bank. In addition, an annualized interest of 59% will accrue from the loan repayment date up to and including the eventual repayment date.
CapitalCash has agreements with third party collections agencies, authorizing them to collect on delinquent accounts. Accounts may be settled for less than the amount actually owing, at the discretion of the collection agency. Our collection agencies recover monies owed to us in a professional manner and in keeping with all lawful collections practices.
If you do not repay your loan to CapitalCash, your credit score may be negatively affected.
CapitalCash does not offer automatic renewals on its payday loans. If you wish another loan from us, you must first repay any other existing loan you may have with us.

What is a Payday Loan?

A payday loan allows a person to get cash for a short time period against his or her next pay cheque. A customer with an active chequing account, direct deposit and a job can receive funds in his or her account in less than one hour.

Why do consumers choose to get loans from CapitalCash?

If you need to cover unexpected expenses like a car repair or household emergency, a payday loan can help solve a potentially serious financial problem. Some folks are looking to bridge a short-term cash need between pay cheques. Others want to avoid bounced cheque fees or late payment penalties. Some clients prefer the payday loan route over having to pawn personal possessions.