Aski Capital Inc. (Aski) is a unique financial services company that has developed a socially-responsible and financially-sustainable alternative to payday loans. Aski provides borrowers rapid access to short-term loans regardless of credit history at an APR that is a fraction of the cost of a typical payday loan.
One third of Canadians are unable to meet their financial obligations.
Nearly half of Canadians are within $200 of inability to pay bills.
47% of Canadian workers live paycheque to paycheque.
In response, there has been a proliferation of non-traditional lending solutions. Many are unregulated and create recurring use due to the extremely high cost of borrowing and onerous repayment terms. Payday Loans (PDLs) are the most common.
Myth: Only low-income Canadians use Payday Loans.
Fact: 27% of Payday Loan users have an annual household income of over $80,000, and 7% make over $120,000.
Myth: Payday Loans are used for unnecessary luxuries
Fact: 86% of PaydayLoans are used to pay for necessary expenses.
Through our Employer Benefit Lending Program, Aski provides a low‐cost and responsible alternative to high‐cost lenders.Learn More
As an employer you can make a real difference by providing access to the resources your employees need to build their futures and get where they want to be.Learn More
If your employer is currently partnered with Aski, you can access an application for an Employee Benefit Loan or learn more here.Learn More
I really like [the Aski Program] because it gives me the opportunity to get funds when there is an emergency.ASKI CUSTOMER / 2017 Third Party Survey, Terrapin Social Finance