As shown in Figure 5, three-quarters reported loans of $1,000 or less, while over fifty percent (55 per cent) reported loans of $500 or less. Twenty per cent reported loans of $500-$1,000, while just four per cent reported loans of $1,001-$1,500. Figure 5: Could you calculate that total value of this payday that is last you took? In Canada, a regulated pay day loan cannot exceed $1,500, yet seven per cent stated the.. Read More