GET UP TO

$1,500

IN AS LITTLE AS

30 MINUTES*

When you are in need of quick cash, Mr. Payday has got you covered! We have been helping canadians with their short term loan needs since 2002.

What Our Customers Have To Say

Customer
Customer
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Excellent customer service! Easy application and approval. Highly recommend.
Customer
Customer
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Excellent service. Pretty easy and quick!!
Kris D
Kris D
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Fast, easy and no nonsense. Best loan experience of mine to date. Thanks for helping out Mr. PAYDAY.
Customer
Customer
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Quick and easy service! Would definitely recommend!
Customer
Customer
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Customer service was quick and awesome to deal with. There wasn’t the back and forth hassle, and everything was handled in a timely matter. Great job on efficiency, well done all. Thanks
Customer
Customer
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Very accommodating and fast!!! and super easy!
Customer
Customer
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The agent I spoke to was patient and made the whole process very easy.
Customer
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
Customer
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
Customer
Customer
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Excellent service. Fast and helpful. Easy to fill application. It was fast and easy
Andrew S.
Andrew S.
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Very fast approval and very easy to deal with staff.
Levon James
Levon James
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Easy to deal with super simple proccess
Cory Thompson
Cory Thompson
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Super fast and friendly. Exceeded my expectations.
Customer
Customer
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Mr. Payday was there for me when everyone else said no. From their pov I may be considered a risk. I'm grateful they reached out with an offer.
Marg
Marg
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Was easy to fill in the application and was quick to receive the funds.
Mark
Mark
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Been dealing with Mr. Payday for a couple years now. Always friendly service, quick, and well worth my time!
Customer
Customer
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Easy, fast and user friendly application process. Thank you Mr. Payday
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How Our Loan Process Works

Apply Online

Applying for a loan with Mr. Payday is easy and fast. Fill out our simple and secure application form.

Get Approved

It usually takes about 30 minutes to get approved for a payday loan during our business hours.

Get Your Money

Once your loan application is approved, you will receive an e-mail money transfer withing 30 minutes.

All Types of Income Accepted

At Mr. Payday, we offer fast and convenient loan services and accept various types of income, such as employment income, benefits, and pensions. Apply now and get the financial assistance you need!

Employment Income

Child Tax Credit Benefits

Unemployment Insurance

Private Disability Insurance

CPP & Private Pension

Workers Compensation

Why Get A Loan From Mr. Payday?

Trusted Lender

Mr. Payday has been in business since 2002

Same Day Funding

Do not wait. Get money the same day you get approved for a loan

Superb Service

We are here to help. Give us a call or send us an email

No Faxing Required

We use instant online validation. No faxing required

High Approval Rate

We have personalized approach to every loan application

Easy Application

Our online application only takes 5 minutes to complete

Online Payday Loans

Nothing compares to quick, short term credit that one can obtain for filling that financial gap, at a moment’s notice. Online payday loans are the ones that are known as cash advance in some quarters. They have revolutionized the idea of short term loans in that they are almost instantly available on application on the internet. The use of Internet Technology has extremely expanded this industry. Online pay stores are springing up everywhere, in Canada, but this trend portends well for the industry because of the benefits it brings with it.

How Online Payday Loans Work

A person can go online to browse and identify the best rates possible and he can find the company that is offering best package of loans. Most lending companies have put their details and application forms on their websites. The forms can be filled by the borrower without any need to visit the bank or the lending house physically. The loan will be processed in an hour even though the longest duration of waiting for the loan approval can be 24 hours.

The borrower applies for online payday loans, then sits and waits a few minutes for the outcome. After about one hour, he is notified online about the fate of the application. Once the application is satisfactory, the next step is to see the money being wired into the current account of the borrower. Usually the repayment of the loan is carried out through the account of the borrower. It is debited with specific or agreed sums of money using a check out system.

An online account is created which enables the person to go for a second loan if needed.

How online payday loans have made life easy for the people is no longer a matter of debate. It is obvious that when one is able to obtain whatever amount he needs to bridge a financial gap at short notice is of a huge help. It is no longer the trend for people to go pawning their jewelry or household properties for small credit facilities. The process is done with great speed or in an extremely short time. It is easy and devoid of hurdles, as the credit companies do not ask for proof of creditworthiness nor do they need to see a bank statement before issuing the loan.

In Canada, there are regulations that the government can use to guide the issues of short term loans such as these. This is why the person applying for online payday loans must know that different sets of regulations apply in different parts of Canada. The requirements will depend on the location of the financing company. Most websites will show or indicate the area they can cover with their services. That is not all the individual seeking a loan will have to consider.

There are many online payday loans companies which have advertised their packages on the Internet. The consumer is free to compare them in order to go for the perfect package. This is the biggest advantage the borrower has because there is increased competition out there since the playing field has been opened wider for different companies to put their best rates to the customers. There is already a big competition to acquire a large customer base existing out there in this line of business. It is very important that a person takes time to browse the internet at specific websites dealing with payday loans. Compare their rates, read reviews, also check if the terms and conditions are attractive and suitable. The age requirement is 19 years, and a person must have a current bank account as well as a steady employment that earns him or her some income.