Quick answer
Yes. Spruce Grove residents can borrow up to $1,500 online from an Alberta-licensed lender, at no more than $14 per $100, repaid over 42 to 62 days. A lender can’t give you a new payday loan while one is outstanding with them.
Spruce Grove has about 38,000 residents (2021 Census) west of Edmonton along Highway 16, with many commuters and young families. Spruce Grove residents apply online with Alberta-licensed lenders and receive funds by Interac e-Transfer.
A Spruce Grove exampleMark has two instalments left on a $600 loan when his furnace needs a part. His lender can’t give him another payday loan until the first is repaid. He’s tempted to apply with a second lender, but two sets of instalments would take more than half his pay. He calls the furnace company and arranges to pay the $250 part over two paydays instead.
Full rules: payday loans in Alberta.
Spruce Grove-specific things to know
- One at a time, per lender. The rule stops loans stacking with the same lender. It can’t stop you going to another, so that part is up to you.
- Two loans, double the debits. With instalments, overlapping loans mean several withdrawals each payday. Add them up before you borrow again.
Free help in Spruce Grove
Income Support
Alberta Supports serves Spruce Grove: 1-877-644-9992. Emergencies, 24/7: 1-866-644-5135.
Utility bills
Utilities Consumer Advocate: 310-4822.
211 Alberta
Tri-Region food banks and rent help: dial 211 or visit ab.211.ca.
Spruce Grove neighbourhoods
- City Centre
- Greenbury
- Harvest Ridge
- Hilldowns
- Spruce Ridge
- Westwind
- Stoneshire
- Linkside
- Woodhaven
- Brookwood
Nearby: Edmonton, St. Albert