How long before I know if I am approved?
If I am approved, how do I get my money?
How do I pay you back?
How long can I have to pay it back?
Can I borrow more than once in a pay period?
How much can an existing client borrow?
When should I use a payday loan?
What are the administration fees for?
What are the eligibility requirements?
How do I apply?
How fast can I get my money?
What if I have more questions?
What exactly is a payday loan?
I've heard of payday loans described as numerous different terms. What are the differences?
What are the fees?
I want to apply for Payday Loan but I'm embarrassed.
Does your company do credit checks?
What if I have a poor credit history?
What if I am in bankruptcy?
What happens if I don't follow through and repay?
I am concerned about sending my personal information over the Internet. Is your site safe?

1. How long before I know if I am approved?

We work as quickly and accurately as possible on all our applications.  If you apply using the online form, you can be approved and have the cash within as little as 30 minutes.  Phone applications may take longer. * During our business hours.

2. If I am approved, how do I get my money?

If you have online banking we will send you an Email Money Transfer, or we can deposit the funds directly to your bank account.

3. How do I pay you back?

We can debit your bank account on your next scheduled pay day or you can pay by Email Money Transfer, You can pay directly at an RBC Branch or Western Union .

4. How long can I have to pay it back?

All loans are due on your next pay date.

5. Can I borrow more than once in a pay period?

All clients have a limit applied to their individual account. So long as you do not exceed your limit you can have as many loans as you wish.

6. How much can an existing client borrow?

From $50 up to $1000 (Subject to approval)

7. When should I use a payday loan?

Due to the higher fees involved, a payday loan is intended to be a small short-term loan that is not intended as a solution for longer term financial needs. You borrow as much money as you can afford to fully repay when the payment is due. If you need to borrow money and feel it will take longer to repay, you should explore other lending options such as asking a friend, an employer, a family member, obtaining a bank overdraft, a line of credit cash advance on a credit card, or consolidating your debt at your bank or financial institution. We recommend you see a credit counselor if you are having financial problems. We recommend that you make extra payments to pay down your loan faster.

8. What are the administration fees for?

Administrative fees cover banking fees, transactional costs, staffing costs and other day to day operating costs. Due to the short term of the loan (maximum of 31 days) and the small size of the loan, these costs may be higher than other lending institutions.

9. What are the eligibility requirements?

To qualify for a Payday Loan you must meet the following criteria:

•  You must be nineteen (19) years of age or older.

•  You must be actively working.

•  You must have been with your employer for a minimum of (3) months.

•  You must have an active bank account with at least (15) transactions and no more than (2) NSF charges on your bank statement in the last thirty days.

•  You must not have filed for bankruptcy in the past year.

•  You must have an active phone that we can reach you at.

Unfortunately we do not lend to applicants who are self-employed, seasonally or otherwise temporarily employed, paid by commission, on social assistance, or on worker's compensation.
Regardless of the above requirements, the final decision on all applications is subject to the discretion of APL Financial.

10. How do I apply?

You can submit your application online ( click here to apply online) or over the phone at 1-888-222- 0175

11. How fast can I get my money?

New* E-Mail Money Transfer
You can now have your payday loan in your bank account within 30 minutes of being approved.

To qualify for E-Mail Money Transfer you will need an e-mail address and be set up with online banking, from one of the following banks:

TD Canada Trust
Bank of Montreal
CIBC
RBC Royal Bank
Scotiabank

 

Direct Deposit
If you don't meet the requirements for E-Mail Money Transfer then we will issue your funds directly into your bank account via Direct Deposit on the following business day.

12. What if I have more questions?

If you have more questions you can e-mail them to us at APLCALLCENTER@ON.AIBN.COM or reach us by phone at 1-800-222-0175.

13. What exactly is a payday loan?

A payday loan is a small unsecured loan, usually for $100 to $1,000, which is designated to meet your financial needs until your next payday.

14. I've heard of payday loans described as numerous different terms. What are the differences?

Payday loans are also known as cash advance, short term loans, payday advances, cash loans, fast cash, bad credit loans, deferred deposit, and a number of other things. No matter what you call them, payday loans can get you through your financial crisis.

15. What are the fees?

Our rate is $26.00 per hundred borrowed. This is one of the lowest rates on the market.

16. I want to apply for Payday Loan but I'm embarrassed.

Everyone gets in a jam now and then. We understand. APL provides its clients a discreet way to apply using our online application. We provide 100% confidentiality to our clients.

17. Does your company do credit checks?

We don't do credit checks; applicants are approved based on the fact that they are employed and are paid by direct deposit.

18. What if I have a poor credit history?

Bad Credit? No Credit? No Problem. APL does not care about your credit history. If you meet the requirements you are qualified for a payday loan.

19. What if I am in bankruptcy?

We cannot lend to customers who are currently in bankruptcy, but any discharged bankruptcies are of no concern.

20. What happens if I don't follow through and repay?

We would not stay in business if our customers did not honor their agreements. We do reserve the right to collect delinquent loans using all legal remedies available, including legal dept collections and civil court action.

21. I am concerned about sending my personal information over the Internet. Is your site safe?

Our site is protected using a secure server used only for this purpose.