Cash Loan Calculator | Refresh Financial

How much can you save on a cash loan?

Try our calculator below to see the difference yourself. Watch your payments grow and shrink, based on your credit score.

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Better credit will save you

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Like a loan. But backwards.

We do things differently.


Boost your credit

Every payment you make gets reported to the credit bureaus, giving you that all important positive payment history.


Build your savings

By the end of your program, you'll have a stash of cash to use however you like*.


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Say goodbye to no

Hearing no when it comes to your finances will become a thing of the past with good credit, financial fitness, and savings up your sleeve.

How Much do Payday Loans Cost?

If you've ever been up watching tv at 3am, you've heard their commercials. It's quick. It's easy. No credit checks. It's money when you most need it. When you're struggling, these can be exactly the words you want to hear. This isn't an accident. Payday loan companies know just how to catch you when you're down.

But what they don't say, is just how expensive those quick and easy loans really are. Some predatory lenders will make quick high-interest loans the easy way out in the short term. While it may be easy to get a payday loan, it is never a recommended strategy. The predatory nature of lenders working in the payday loan industry tend to make customers with poor credit their targets. At Refresh, we believe the path to building good credit can be difficult - but never impossible.


Can't Stop Spending? You're Not Alone

Before you head out with your wallets this weekend, I want you to think about what impulse buying is. I want you to recognize the factors that lead to impulse buying. I want you to learn how to protect your money from your own impulse.

Find ways to tie up your cash so you can't spend it, or at least make it harder to spend. Don't bring your credit cards with you when you're in high-risk impulse buying situations. Use cash, and limit how much you have on you.

The key here is not to feel guilt for having weaknesses. The key is to recognize that we all have them, and identifying which are yours. Recognize the traps you fall into and take preemptive measures to avoid them.


Who Gets Payday Loans?

We've talked a lot here at Refresh Financial about the struggles millennials face with credit and borrowing. Millennials tend to have poorer credit than the generations that have come before them, with only 2% of millennials having excellent credit scores, according to some sources. We've talked about the fact that this generation doesn't seem all that interested in obtaining credit, with the amount of credit card debt held by 35-year-olds or younger at it's lowest since the eighties. There are side effects to this phenomenon though, and not the least of these is the increased usage of payday loans by millennials.

*Savings begin to be built after paying off initial commitment fee.

Six months ago I came with a credit score of ZERO. I was assured Refresh would help my credit and was asked to come back in six months to check again. I was blown away when I found out I had good credit. It was beyond my expectations and I qualified for a loan. I was very impressed with the professional and genuine helpful service I received. I've since and will continue to recommend Refresh to friends, family, and people at work with confidence that they too will be satisfied. Thanks everyone! "

Lucas, Niagara Falls, ON