Responsible collection

Our company uses responsible collection practices that comply with the legal provisions established in Canada. If a problem arises during the repayment of your personal loan, our collection department will set up an agreement with you, respecting your capacity to repay. Payments that are not made will accrue interest on the outstanding balance. The borrower is responsible for all legal costs incurred in collecting the balance owing. Borrow responsibly.

Missed payments and credit score

In the event of a payment rejection, your initial payment is returned at the very end of your term and a $40 fee is automatically charged on your next payment; for a cancellation or payment modification, we ask that the request be made no later than the Friday before your payment and a $25 fee will be charged.

Responsible lending policy

All applications are screened to ensure that the borrower has sufficient income to repay the loan. This includes but is not limited to: verifying that your monthly salary is sufficient to repay the loan and qualifies for such a loan.

Borrow prudently and responsibly

Borrow prudently and responsibly. Option Credit Inc. offers a solution to help you if you have no other options. Our interest rate is higher than that of conventional financial institutions and this type of loan should only be taken out when all other financing options have been considered. A calculated loan can be the right solution for you although if you take out several short-term loans, this could lead to serious financial problems.


24-hour deposit cycle


Open Tuesday to Fridays between 9AM and 3PM


Maximum amount of $1,250


I was impressed by the speed of my renewal request, as well as by the availability of staff at Option Credit.



It’s amazing how much time you save using the loan application service.


Thanks to Option Credit, I was able to benefit from a cash loan quickly and securely.