Lenders take all these aspects into consideration before granting the loan amount. The maximum sum one can fetch through cash loans today is up to CAD 1500. This amount can remain with the borrower only for the time duration for one month. If one fails in making timely repayments of the loan, he might be charged with a fine by the concerned lender. On the other hand, making timely repayments can beneficial too. It helps a borrower in getting a good credit score. Apart from this, interest rates are higher as no assets are involved with cash loans. Cash loans today are a user friendly monetary alternative for people who are in search of fast cash to get over their random expenses within the given time frame. For more info @ http://www.cashloantoday.ca