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.


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.

Instant Funding

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

What Our Customers Have To Say

Bad Credit Payday Loans

Picture of Bad Credit Payday Loan in Article

When faced with hard financial times and there is an emergency or two that need immediate fixing, one may be cornered to apply for a loan from one of the many financial institutions that are in most major towns. However, if the person has bad credit, then the person can kiss the chances of getting this loan goodbye. But all is not lost as long as the payday lenders exist. The payday lenders will typically give loans to people who have bad credit scores. In order to get bad credit payday loan, the person only needs to get in touch with a reputable payday lending company.

It does not matter what kind of emergency that a person is facing, be it an unexpected bill, any vehicle repairs or even urgent family matters, person can always rely on the bad credit payday loan to help in resolving the matter at hand. The payday loans are intended for immediate use and as such they are quickly expedited as soon as the borrower’s payday loan application has been submitted and approved. The easiest way to apply for a payday loan is by doing so online. The borrower only has to fill an application form at the payday loan lender’s website and submit it. Once it has been submitted the staff at the payday loan company will respond to the application as though the applicant had dropped it to the offices by person.

Other benefits of applying for the bad credit payday loan online are that the borrower can apply for the loan regardless of where they are. They could be in their offices, at home, in a train or in an open field. As long as the person has an internet connection and a computer or even a mobile phone the person can successfully apply for the payday loan. Applying for a payday loan is only this flexible because there is no faxing of documents, no queueing and it is instant. Therefore the borrower does not have to wait for days, before finding out whether the loan application was approved or not.

What are the requirements of getting a bad credit payday loan?

Still, in as much as getting the bad credit payday loan is quick and easy, the borrower has to meet certain requirements before the person can be approved to get the loan. For starters, the person has to be a Canadian citizen or at least be a permanent resident of Canada. The borrower must also be above the 19 years of age and must have been in employment for at least two months. In addition to this, the person must have a personal checking bank account and a phone number through which the person can be contacted.

When it comes to the security of the payday loan lender’s website, the borrower can rest assured that any information that they divulged at the payday lenders site is safe from any external interference. Payday lenders’ sites normally invest in data encryption software that will render any information that is contained in the website concerning the borrowers useless to any unauthorized party. In light of this information, the borrower can be confident that the information that is given when applying for a bad credit payday loan is in safe hands away from those with malicious intent.

The repayment process of the bad credit payday loan is as uncomplicated as the application process. Once the loan has entered its repayment circle, the borrower will get a call from the payday loan lenders, letting the person know that the loan repayment is due. Therefore the borrower should expect that once he or she is paid and the salary is deposited into the checking account, the payday loan lenders will withdraw the cash that is owed them.