Pickering has about 99,000 residents (2021 Census) on the Lake Ontario shore at the western edge of Durham Region, home to a large nuclear generating station and the fast-growing Seaton community. Pickering residents apply online with Ontario-licensed lenders, with funds sent by e-Transfer.
A Pickering exampleDevon borrows $500 on a Monday to fix his car. On Tuesday his mechanic finds the problem is covered by warranty. Because he’s inside Ontario’s two-business-day cooling-off period, he tells the lender in writing that he’s cancelling and sends back the $500. He pays nothing else: no fee, no interest, no reason needed.
Pickering borrowers are covered by Ontario’s payday loan rules: at most $14 per $100, half your net pay, and two business days to cancel.
Pickering-specific things to know
- Count business days. The two days don’t include weekends or holidays. A loan signed on Friday can be cancelled until the end of Tuesday.
- Cancel in writing, return the money. Keep a copy of your cancellation notice and proof you returned the funds.
Free help in Pickering before you borrow
Ontario Works
Delivered by Durham Region for Pickering, Ajax, Whitby and Oshawa residents.
Electricity bills
Elexicon Energy customers: ask about LEAP emergency help. The OESP credit is open to every Ontario household.
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Food banks, rent help and other Durham services, by phone, text or 211ontario.ca.
Neighbourhoods we serve in Pickering
- Pickering City Centre
- Bay Ridges
- Rosebank
- West Shore
- Amberlea
- Liverpool
- Dunbarton
- Rougemount
- Highbush
- Brock Ridge
- Duffin Heights
- Seaton