How It Works

Loan Terms and Borrowing Costs

Minimum and Maximum Repayment Period:
888Loans offers repayment terms ranging from 8 to 12 weeks, with most loans structured as 6 biweekly payments. Clients also have the option to repay early at any time without penalty.
 
Example of a Loan Payment
1. Amount of Loan: $500
2. Payment every 2 weeks
3. Payment amount : $120
4. Annual interest rate (APR): 28%

 

Final loan terms will be provided upon approval by our lending partners.

Non Payment Policy

To collect on a loan in default 888loans.ca will utilize all collection practices available to the issuers of consumer credit in Canada.