How the rules compare
| Province | Rules for high-cost installment loans | Payday loan maximum | Time to cancel a payday loan |
|---|---|---|---|
| British Columbia | Licence required above 32% APR | $14 per $100 | 2 business days |
| Saskatchewan | No separate rules; disclosure and early repayment rights | $14 per $100 | End of the next business day |
| Manitoba | Licence required above 32%, or at 32% or less with fees | $14 per $100 | 48 hours |
| Ontario | No separate rules; cost disclosure required | $14 per $100 | 2 business days |
| Quebec | Permit for every lender; extra rules above the Bank Rate plus 22 points | No payday regime; permits refused above 35% | 2 days for any money loan |
| New Brunswick | New licensing law passed in 2024, not yet in force | $14 per $100 | 48 hours, excluding Sundays and holidays |
| Nova Scotia | Permit for every lender; cost disclosure required | $14 per $100 | End of the next business day, or 48 hours online |
| Prince Edward Island | No separate rules; APR disclosure and no prepayment penalty | $14 per $100 | 2 business days |
Summaries only; each province page has the details and sources. Across Canada, the Criminal Code limits the cost of most loans to 35% a year, including fees.
What lenders in our network typically offer
In every province we serve, most lenders in our network offer $300 to $3,000, repaid over 90 to 120 days at 22% to 32% APR, with payments that follow your pay schedule. Some lenders charge membership fees, which must be included in the total cost they show you before you sign. The terms were last reviewed November 2026.
You apply once, and the only check is an online bank verification. CashGo matches applications from the eight provinces above.
City guides
- Bad credit loans in Toronto, including how the City of Toronto licenses payday lenders
Apply for an installment loan
One application, matched with lenders in our network.
CashGo is not a lender. Each lender sets its own rate and fees and shows you the full cost before you sign.