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Payday Loans Alberta – What To Watch Out For 2017-10-03T13:54:41+00:00

Paydays loans in Alberta

Stop paying over 500% interest!





Debt consolidation is a proper way to solve your debt problems

If there’s one thing we can agree upon, it’s that life is unpredictable. And it’s with this unpredictability that payday loans in Alberta have managed to explode into one of the province’s most lucrative industries.

At the height of the Klein era, the idea that there would be such a desperate need for payday loans in Alberta would have seemed unheard of. Anyone coming to the province could secure work within days. Rent was high, but the pay was good.

And then we all saw what happened – in what felt like the blink of an eye, the oil industry imploded and Albertans suddenly found themselves under or unemployed, taking pay cuts and having to pay twice as much for the standard of living.

Payday loans in Alberta are aimed directly at anyone who gets hit with unexpected expenses they know they can’t afford. If every last dime of your pay cheque goes towards rent, groceries, car insurance and an occasional visit to the restaurant to make all that hard work worth it, there’s no surprise when a sudden $1500 bill from the vet or your mechanic puts you in financial jeopardy.

Should the worst come to pass and you find yourself going for payday loans, the interest rates and ultra-tight repayment schedules can easily see you falling into a cycle of debt you can’t climb back out of.

payday loans in albertaThe Alternative to Payday Loans in Alberta is here

At LoanAway, we understand just how hard the downturn has been on the province, especially since just a couple of years ago, the money was rife and the living was easy.

The difference between our private loan service and others offering payday loans in Alberta: actually there are several. From interest rates to repayment plans to application speed and loan amounts, LoanAway easily trumps payday loans.

Interest rates: Our rates start at a very standard 19.99% and this rate is very easily managed by our customers, many of which go on to become repeat customers.

Repayment plans: while payday loan companies want their money back as soon as two weeks from the initial loan, we can give you up to 36 months to repay what you borrow.

Application speed: we can process an application in minutes, which is far faster than payday loans and A LOT faster than conventional banks

Loan amounts: Typically payday loans in Alberta won’t lend more than $2000 at a time. With LoanAway you could find yourself with as much as $5000 as soon as 24 hours after applying.

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We are committed to provide best customer experience possible. Currently we offer personal term loans in Ontario, Alberta and Newfoundland, but do check back with us soon, as we are working on expanding our reach to other provinces and territories.

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