We charge $15 per $100 borrowed. On a $500 loan for 14 days, the cost of borrowing is $75, with a total repayment amount of $575 and an APR of 391.07%. $300 for $20 promotional rate - Under this offer, on a $500 loan for 14 days, we charge $6.67 per $100 on the first $300 borrowed and then $15 per $100 on the additional $200 borrowed, with a total cost of borrowing of $50, at total repayment amount of $550 and an APR of 260.71%.  InstantLoans encourages responsible borrowing. An Ontario Payday Loan of 14-days incurs an APR of 391.07%. Payments made after the loan maturity date may result in additional fees and interest at 30% per annum. If your account becomes severely delinquent, it may be turned over to our internal Legal Department to pursue a court judgment or external 3rd party collection agency which could impact your credit score. In accordance with government regulations your loan must be paid in full by the due date and may not be extend