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

Cash Loan Payday

Picture of Cash Loan Payday in Article

The times when one is really low on funds are the times that one is normally hit with one financial crises or another. Being that they are emergencies, they require immediate monetary solutions. With this point in mind the person knows that bank loans are not an option because procuring a bank loan takes more than 24 hours. However, if the person decided to take out a cash loan payday, the person can have a chance at resolving the problems in a matter of minutes. The payday loans have a very simple loan process that will get the borrower the needed monies in a matter of minutes.

In order to get a cash loan payday, a person does not need to jump the usual hurdles that the mainstream loaning facilities normally subject their clients to. The payday loan application process is exempt of faxing of documents, credit checks, presentation of bank statements and collateral. All that a borrower needs to do is to fill an online form and submit it. If the borrower qualifies for the payday loan then the money will be wired directly to the borrower’s checking account. The entire application process is designed such that the borrower will not be inconvenienced in any way. The borrower can apply from the comfort of their home or from the workplace because the application is done via the payday loan lender’s website.

The conditions that a borrower is expected to meet are very simple and straight forward. First and foremost the borrower must be above the legal age. This means that the borrower must be at least 19 years old. Secondly, the person must be a Canadian citizen. If the person is not a Canadian citizen but has permanent residency in Canada, then the person can also qualify for a cash loan payday. It is also required that the borrower be in employment and must have held that job for a minimum of two months. This requirement is important because, the payday loans are given to people against their end month salaries. For this reason, any person who does not have monthly income cannot qualify for a payday loan.

As long as a borrower satisfies these demands from the payday loan lenders, then getting the cash loan payday will be as easy as passing a hot knife through butter. Admittedly, it is significantly easier to adhere to these steps than to go through the rigorous loan application process that the mainstream loaning facilities have in place.

Differences Between a Mainstream Loan Application And a Cash Loan Payday

  1. The payday loan lender does not care about the borrower’s credit ratings because the cash loan payday is given against the borrower’s upcoming salary. A bank loan is given to the borrower on grounds of their previous spending habits, thus it is imperative that before the borrower is given the loan, the bank has to establish that the person is not a credit risk.
  2. The bank loan will require the borrower to go through a lot of paperwork and fax previous bank statements to the bank. However, with the payday loan, the borrower is only required to fill a single online application form and submit it.

It is factors such as these that make the payday loans the more ideal in times of emergencies.