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Lenders serving Yukon charge $14 per $100 borrowed. On a $500 loan repaid in 14 days, that is $70 in fees and $570 repaid in total. The full cost is disclosed in your agreement before you sign.
Online lenders serving Yukon fund by direct deposit or Interac e-Transfer, typically the same day or within 24 hours of approval. There are no storefront payday branches in the territory, so the online application is the practical route for most Yukon borrowers.
Instalment loans and lines of credit from lenders serving the territory. Repayment is scheduled over months rather than due in full on your next payday, which for larger amounts usually costs less overall.
