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Our loans are renewable
Prêt Cash 2000 allows you to renew your loans at the end, or even before the end of your current loan. Your first loan is limited to $ 300 and you can then be eligible to borrow up to amounts of up to $ 1,000 once your initial balance is less than $ 150.
Repayment period (from the next day to 1-year max)
Any repayment can be made the day after the loan and not later than 1 year after.
Annual Percentage Rate of Charge (APRC)
Our maximum annual percentage rate of charge is 24%. It covers both the interest rate and all other costs incurred during the year.
Here are some examples of loans and repayment:
1- You borrow $300 and wish to repay monthly: you could have 3 payments of $172.76.
2- You borrow $500 and wish to repay every two weeks: you could have 6 payments of $125.26.
3- You borrow $750 and wish to repay each week: you could have 14 payments of $80.96.
4- You borrow $1,000 and wish to repay monthly: you could have 4 payments of $379.76.