FAQ

Find answers to your questions

FAQ

1Where can you find a fax?
Bookstore Drugstore Convenience store Staples Post office Copy center
2Do you accept customers whose income is from employment insurance, social welfare, CSST, SAAQ, pension board, etc.?
Yes, if you meet certain criteria
3Do you accept self-employed workers?
Yes, if you meet certain criteria
4Cases of refusal?
Unsatisfied consumer proposal; Undischarged bankruptcy; Unstable work; Incomplete form or incorrect information; Too many non sufficient funds payments in your bank account; Work outside of the province of Quebec.
5Eligibility criteria?
Be 18 years old and over; Have a steady job with a 4 month experience. Be paid by direct deposit; Work in the province of Quebec; Not being under an undischarged bankruptcy or a unsatisfied consumer proposal or about to be; Have a stable net salary of: Minimum of $270 per week ($540 biweekly) for a $500 loan. Minimum of $324 per week ($648 biweekly) for a $600 loan. Minimum of $378 per week ($756 biweekly) for a $700 loan.
6How can I apply?
You can apply online by visiting our Loan Application page, by calling us at 1-877-534-1999, or by e-mail: info@credityamaska.com
7How long does it take to receive the funds?
If we receive your signed contract before 10:00 am, you may receive the funds in your bank account by the end of the day. However, if we receive your signed contract after 10:00 am, it may take up to 24 business hours to receive the funds.
8Why the cost (or interest) are they so high?
You are quite right to ask this question. At first glance, the total costs of $250 for a $500 loan seem enormous. You can read all over the internet that this amounts to disproportionate interest, depending on the different calculations. What to know in this case is that for a $500 loan, Survey costs, employees salaries, processing of the file and after acceptance of payments are almost the same as for a loan of $10,000 or any other amount. And of course the percentage of loss is higher. This is also why traditional financial institutions do not. It would not be profitable for them to do so at these rates called «normal». On the other side, be careful because in this area, many have rates from 28% to 32%. though it is practically impossible to achieve profit under 50%. These companies will often charge you additional fees, such as brokerage fees, fees for automatic withdrawals, etc... At Credit Yamaska, there are no hidden costs. Be careful!!!

Annual interest rate (APR)

Crédit Yamaska offers personal loans at rates ranging from 15.47% to 32% annually. A lump sum, varying according to the client's file, may add to the borrowed capital. This amount may be transferred, in whole or in part, to an agent, agent or independent broker used by the client

Loans can be repaid over a period of 3 months

Sample repayment for a $ 500 loan: 12 payments of $ 62.50, for a total of $ 750.

This example is for illustrative purposes only and may vary depending on the agreement signed.

SMS Agents Dealers
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