Responsible Lending Policy | Apple Tree Cash

Cash-X Inc., operating as AppleTree Cash ("AppleTree Cash", "we", "us"), is a licensed payday lender serving residents of Ontario and Saskatchewan. This Responsible Lending Policy explains the commitments we make to every borrower and the cost-of-borrowing disclosures required by the Payday Loans Act, 2008 (Ontario) and The Payday Loans Act (Saskatchewan).

If anything on this page is unclear, contact us at service@appletreecash.com or 1-888-674-1147 before signing a loan agreement.

Section 01

Our Lending Commitments

We lend based on your income and banking history, not a credit score, and we cap what we lend at a level we believe you can reasonably repay from your next pay period.

        → No rollovers, refinancing, or loan extensions
→ Only one active loan per borrower at any time
→ No additional products sold alongside your loan
→ Maximum loan amount capped at 50% of your net pay

      

Section 02

Cost of Borrowing Disclosure

The following disclosure applies to loans issued to residents of Ontario and Saskatchewan, as required by law.

        1. Minimum and Maximum Repayment Period
Loan repayment terms are a minimum of 7 days up to a maximum of 62 days.
      

        2. Maximum Annual Percentage Rate (APR)

        The maximum Annual Percentage Rate (APR) is 364%, which includes interest and all applicable fees.

        Maximum cost per $100 borrowed: $14.00.

        3. Representative Example of Total Loan Cost

        Borrow $500 for 62 days. Total cost of borrowing: $70. Total repayment: $570. APR for this example: 82.42%.

Section 03

Your Right to Cancel

You have the right to cancel your loan agreement, without reason or cost, at any time before the end of the second business day following the date the agreement was entered into. To cancel, contact us at service@appletreecash.com or 1-888-674-1147 and return the full principal amount advanced to you.

Section 04

Default and Late Payment

If a payment is dishonoured, a single NSF fee of $20 applies per dishonoured instrument. Interest on any outstanding balance after default accrues at 30% per annum, non-compounding, until paid in full. If you anticipate difficulty repaying, contact us before your due date — we may be able to work out a payment arrangement.

If you are experiencing financial hardship, independent, non-profit credit counselling is available through Credit Counselling Canada.

Section 05

Provincial Licensing

AppleTree Cash is licensed to offer payday loans in the following provinces:

        Ontario — Licensed under the Payday Loans Act, 2008, regulated by the Financial Services Regulatory Authority of Ontario (FSRA).

        Licensee: Cash-X Inc., operating as AppletreeCash.com

        Licence Number: 4724330

        Issued: April 6, 2026  ·  Expires: April 6, 2027

        Saskatchewan — Licensed under The Payday Loans Act, regulated by the Financial and Consumer Affairs Authority of Saskatchewan (FCAA).

        Licensee: Cash-X Inc., operating as AppletreeCash.com

        Licence Number: 511394

        Issued: November 17, 2025  ·  Expires: November 17, 2026