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

Fast Cash Payday Loans

Picture of Fast Cash Payday Loan in Article

There is no person who is immune to hard times. Such times are bound to be there. However, it does not pay to focus on the problems. What matters is how a person can make these problems go away. Certainly, there are many ways to resolve the problems .One can resort to getting a loan from the mainstream financial institutions such as banks and cash advances from the workplace. However, out of all these options, the fastest and most discreet loaning plan would be that offered by the payday loan lenders. Using these companies a borrower can manage to take out a fast cash payday loan to get instant cash.

The process of getting a fast cash payday loan is significantly simpler than getting the payday loan from any of the traditional loaning facilities. The payday loan lenders make it very easy and hassle free for the borrowers to apply for a payday loan. They borrower will not be required to fax any documents, or be subjected to credit checks. In addition to this the borrower is guaranteed of getting the money within minutes of submitting the application papers. All these, is on condition that the borrower’s application is approved. Still, this is not a factor that the payday loan borrowers should worry about, because the conditions are very easy to meet. Besides, statistically, out of every ten people who apply for a payday loan, nine get approved. Therefore, the borrowers should not be worried about being approved for the loan especially if they satisfy all the set requirements.

What is required of the borrower in order to get the fast cash payday loan is for the person to have surpassed the legal age. Consequently, it is required that the person must have attained 19 years of age. To add onto this, the borrower must either be a Canadian citizen or a permanent resident in the country. The payday loan is not accessible to people who are not employed. The payday loan lenders give loans to those who have jobs and have had them for at least two months. It is also required that the borrowers have checking accounts and phone contacts.

The Requirements of The Fast Cash Payday Loan Explained

Most fast cash payday loan lenders have these rules and all who are approved for payday loans must meet them. The reason behind the loan being accessible only to those who are past 19 years of age is so that the payday loan lenders can be certain that the borrower is an adult who is fully aware of the responsibilities involved with the payday loan. Secondly, the loan is given to Canadian citizens and permanent residents solely because they are subject to the Canadian usury laws. It is normally recommended that the borrower gets a payday loan from a lender who is in the same province and city of residence as the borrower. This ensures that the borrowers and lenders are subject to the same usury laws.

It is requisite, that all those who apply for a fast cash payday loan are employed. It is important to adhere to this condition because unlike the bank loans, the payday loans are given against the borrower’s upcoming salary. Therefore, when the borrower’s salary is deposited into the checking account, the payday loan lenders will be able to claim what is owed them.

The checking account facilitates the transfer of funds between the borrower and the payday loan lenders. The fast cash payday loan lenders like ensuring an air of transparency at all times. They will inform the borrower when the loan is approved and they will also inform the borrower when the loan is due for repayment. Therefore in order to facilitate this, the borrower will be required to leave his or her phone contacts.