BE INFORMED

Make the best choice for your financial situation.

What loan amount would you like?

800

Want to know how many repayments?

Two payments loans are only available for customers who get paid weekly, bi-weekly or twice a month.

Three payments loans are only available for customers who get paid weekly, bi-weekly or twice a month.

Tell us what province you live in.

Ontario

WHAT'S THE BEST LOAN FOR YOU?

Everyone’s financial challenges are a little unique to them. Including yours!.

CONSIDER YOUR OPTIONS

There are a lot of borrowing options out there. Don’t hesitate to ask important questions. You have to find out how reliable a lender is going to be. Choose a company with which you feel comfortable and confident.

WHAT CAN YOU REALLY AFFORD?

A loan can be a big help in times of trouble. But overextending yourself can actually make things worse. Don’t bite off more than you can chew. Make sure your loan is an amount you’ll be able to repay.

UNDERSTAND YOUR FEE OBLIGATIONS

Not every lender out there is as transparent as Tidewater Financial. Some have hidden fees. Some will even apply a surcharge for early repayment! Make sure you understand your fee obligations before you sign on the dotted line.

OPT FOR FLEXIBILITY

The arrangement that best suits you is the one closest tailored to your specific situation. That requires flexibility in the borrowing agreement. Can you repay in multiple installments? Are there additional charges hidden in the agreement? Will you get dinged for an early repayment?

OPT FOR TRANSPARENCY

Conscientious and responsible lenders are transparent about their agreements, conditions, limits and fees. Before you take a loan with any company, makes sure they provide all the relevant information in a clear and easy to understand way.

WATCH OUT FOR FRAUD

Not all online lenders are completely ethical or even honest. In this it is buyer beware. Don’t fall victim to the scammer’s trap.

Tidewater Financial is rocketing to the top
in the PayDay loan industry.
Here are 5 reasons why we’re Be Informed’s choice:

Credit Score Not Great?

Don’t be discouraged by a poor credit score. What we’re interested in is your ability to repay. Just because things went badly for you in the past doesn’t mean you’re not able to repay today. We use are advanced algorithm to take in the whole financial picture of your situation. But of course, we don’t want to contribute to making your situation worse, so our Code of Conduct directs us to never loan you any money we don’t think you’ll be able to repay.

Money that’s minutes away

Residents of Ontario will be amazed at how efficiently we have the short-term loan process setup. In the great majority of cases, your loan will be available in just minutes. We have a leading-edge approvals system that you can use from the comfort of your armchair.

No document fatigue

We know other companies require you to document your whole life. No need to worry about that with us. We won’t ask for faxes or letters, nor will we require to come into our office to sign any documents. It’s all streamlined, online, for your convenience.

Completely transparent

Our Code of Conduct assures you’ll experience the most ethical, responsible and transparent loan experience possible. Everything is clearly explained, and your questions are answered when you ask them. Everything you need to pay is explained up front and transparently. Our job is to make your life easier.

Safe and secure

Of course, we require some personal information to assess your application, but you can rest assured, that your information is safe with our top of the line industry encryption technology. Wherever you live in the Canada area, from Toronto to Mississauga, Ottawa to Markam, and beyond, this is the safest, easiest, most transparent loan process you’ve seen.

We appreciate the encouraging response to our innovative loan business model from our clients in Be Informed. Look forward to more great short-term loan opportunities as we work to make your financial life easier and happier.

Interest fees & transparency

Managing your loan

Interest fees & transparency

Interest Fees and Transparency

The cost of borrowing for payday loans in Canada is set at $14 per $100 borrowed. We charge 14% of the principal:

Province	Interest Fees & Transparency	Late fee
Alberta	$14 per $100	$20
British-Columbia	$14 per $100	$20
Manitoba	$14 per $100	$20
New Brunswick	$14 per $100	$20
Nova-Scotia	$14 per $100	$20
Ontario	$14 per $100	$20
Saskatchewan	$14 per $100	$20
Newfoundland and Labrador	$14 per $100	$20

When you take a cash advance loan with Tidewater Financial, you are always in complete control of how much money you will owe and there are no surprises nor hidden fees. Before signing your loan agreement, we will give you a breakdown of all the costs involved in your loan so you will be able to make an informed decision.

Getting your money

Repaying your loan

Repeat Borrowing

Late Fees

You can avoid any non-sufficient fund fees by making payments on time and ensuring that money is available for pre-authorized debits in your account on the due dates. NSF fees are broken down as follows, depending on each of the following Canadian provinces: British Columbia, Alberta, New Brunswick, Saskatchewan, Ontario, Nova Scotia and Manitoba.

Province	NSF
Alberta	$20
British-Columbia	$20
Manitoba	$20
New Brunswick	$20
Nova-Scotia	$20
Ontario	$20
Saskatchewan	$20
Newfoundland and Labrador	$20

Collections

Tidewater Financial's lending process is fully transparent so you can clearly understand your repayment responsibilities. Depending on your pay period this daily fee may change. Your total amount to be repaid is the loan amount plus the interest fee, no additional fees will be charged to you.

The only way that your repayment amount would increase is if you do not comply with your loan repayment agreement. You must make sure that your bank account has enough funds to cover the preauthorized debit on the date you agreed to make a loan payment. If your bank account has insufficient funds at the time of the preauthorized debit, you will be charged a missed payment fee, and your bank may also charge you a non-sufficient funds fee. From there on, collection interests will be applied to the remaining balance of your loan until it is fully repaid.

From that point on, your file will be passed on to our professional collections team who will do their best to come to an agreement with you. Unfortunately, if you do not work with us to repay your loan in the agreed-upon time frame, Tidewater Financial will have no other choice but to pass on your file to an external collection agency.

The transfer of your file to an external collection agency may also generate additional fees for you, it can lead your credit file to a negative note and could damage your file for six years. Your credit file information can be passed on to other organizations by credit agencies and fraud protection agencies for verification purposes or to track your whereabouts in order to recover the sums owed.

This is why we reiterate that it is extremely important to respect your commitments with us. Tidewater Financial is a company with a human side and we understand that difficult situations may happen. If this is the case, please contact us as soon as you can so we can find an arrangement that can reduce costs for you and that will allow you to meet your commitments. However, Tidewater Financial strongly recommends that you think seriously before applying for a loan. If you have any doubts about your capacity to reimburse this loan according to the established terms, we recommend you to find another source of financing.

We do things differently

Tidewater Financial is a provider of short-term loans to help Canadians get on with their lives, when financial uncertainty arises. We provide safe and quick access to the funds that really make a difference in people’s lives.

Our fast, easy, transparent and secure lending practices allow you to get your life back on track, when unexpected expenses arise. When you need some help getting over a current financial challenge, we’re there to help.

Bad credit isn’t a deal breaker

If you’re worried about having bad credit, don’t let that stop you. It’s not the only criteria. We’re much more interested in your ability to make your repayments.

Don’t worry about documents

It’s an easy, real-time, streamlined process. We’ve already got the necessary evaluation tools. We don’t need all those pieces of paper.

Your pre-approval is minutes away

Any time of day, any day of the year, our fully automated decision system is ready to help you identify the best loan option to meet your needs. There’s no stressful waiting for an answer. Every application is reviewed and answered in just minutes.

Transparent costs

We want you to make the best informed judgment for your situation. All our fees are fully transparent and explained. Plus, we’ll answer your questions and provide you the financial planning tools that you need to make the smart choice.

Short-term loans are high-cost loans. Loan amounts depend on net pay and other qualifying requirements. Repayment terms: 62-180 days.

Example: A $500 loan over 90 days at 32% APR would cost $39.45 in interest, with total repayment of $539.45.

British Columbia Residents: The maximum fee allowed for a short-term loan in BC is 14% of the principal. We charge $14 per $100 borrowed. For example, a $300 loan over 62 days has a total borrowing cost of $42, requiring repayment of $342, with an APR of 82.45%

Manitoba Residents: The maximum allowable charge is 14% of the principal. We charge $14 per $100 loaned. Example: A $300 loan for 62 days costs $42 to borrow, with total repayment of $342 and an APR of 82.45%. Contact Manitoba Consumer Protection Office at 1-204-945-3800 or visit gov.mb.ca/cp/cpo.

Nova Scotia Residents: Cost of borrowing is $14.00 per $100 on a $300 loan for 62 days (82.45% APR).

Ontario Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per $100. A $500 loan for 90 days costs $70 to borrow, with total repayment of $570 and an APR of 56.89%.

Saskatchewan Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per $100. A $300 loan for 62 days costs $42 to borrow, with total repayment of $342 and an APR of 82.45%.

Representative Examples:

Borrowed Amount	Period	Monthly Interest	Total Interest	Total Payback Amount	APR
$10,000	3 months	$291.67	$875.00	$10,873.00	35%
$20,000	3 months	$500.00	$1,500.00	$21,500.00	30%
$50,000	6 months	$1,041.67	$6,250.00	$56,246.00	25%
$100,000	6 months	$1,666.67	$10,000.00	$110,000.00	20%

BE INFORMED