GET CASH 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.

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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.

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

Excellent customer service
Excellent customer service
Customer
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Excellent customer service! Easy application and approval. Highly recommend.
Excellent service
Excellent service
Customer
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Excellent service. Pretty easy and quick!!
Fast
Fast
Kris D
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Fast, easy and no nonsense. Best loan experience of mine to date. Thanks for helping out Mr. PAYDAY.
Quick and easy service
Quick and easy service
Customer
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Quick and easy service! Would definitely recommend!
Customer service was quick and awesome…
Customer service was quick and awesome…
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
Very accommodating and fast!!
Very accommodating and fast!!
Customer
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Very accommodating and fast!!! and super easy!
The agent I spoke to was patient and…
The agent I spoke to was patient and…
Customer
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The agent I spoke to was patient and made the whole process very easy.
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
Excellent service
Excellent service
Customer
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Excellent service. Fast and helpful. Easy to fill application. It was fast and easy
Very fast approval
Very fast approval
Andrew S.
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Very fast approval and very easy to deal with staff.
Easy to deal with super simple proccess
Easy to deal with super simple proccess
Levon James
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Easy to deal with super simple proccess
Super fast and friendly
Super fast and friendly
Cory Thompson
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Super fast and friendly. Exceeded my expectations.
Friendly and fast
Friendly and fast
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.
Was easy to fill in the application and…
Was easy to fill in the application and…
Marg
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Was easy to fill in the application and was quick to receive the funds.
Happy Customer!
Happy Customer!
Mark
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Been dealing with Mr. Payday for a couple years now. Always friendly service, quick, and well worth my time!
Easy
Easy
Customer
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Easy, fast and user friendly application process. Thank you Mr. Payday
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Faxless Payday Loans in Canada

Picture of Faxless Payday Loans in Canada in Article

In these tough economic times, it is no secret that the majority of those in employment do not make it from payday to payday. The payday loans are meant to aid people in times when they are in between salaries. The ease at which a person can get the faxless payday loans Canada is the main reason why the payday loans have gained a lot of popularity with the Canadians. People can count on the payday loan lenders to give them the funds they need in order to resolve an emergency. They help the borrower for the short duration before the salary checks in.

In order to be approved for the faxless payday loans in Canada, a borrower must be a Canadian citizen or alternatively the person must be a permanent resident of Canada. The person must have attained 19 years of age and must be in employment. In addition to this, the person must have held the job for at least two months and must have a working checking account. For contact purposes, the person must leave phone details. As long as a borrower satisfies these requirements, the person can easily be approved for a payday loan. After the person has submitted the application form, the payday loan lenders will review it and let the borrower know if the loan has been approved in a matter of minutes. Shortly afterwards, the money will be dispatched to the borrower’s checking account.

The amount of interest that the payday loan lenders can charge on the principle amount varies from province to province. However, most faxless payday loans in Canada normally charge anywhere from $10 to $30 per every $100 that is lent out. It is owing to this fact that it is normally recommended that a borrower be a resident of the province or city that the payday loan company is situated. This ensures that the borrower is fully aware of the governing usury laws of that area.

Facts and Myths About The Faxless Payday Loans in Canada

There are many misconceptions when it comes to the faxless payday loans in Canada. One very common misconception is that the payday loans are meant for people who do not have bank accounts and that the payday lenders prey on the low income earners so as to entrap them in a debt circle. However, this could not be further from the truth because for starters, it is compulsory for the borrower to have a checking bank account. The checking account will facilitate the transfer of funds between the payday loan lenders and the borrower. If a borrower does not have a checking account, then it will not be possible for the person to get a payday loan.

Secondly, most people who go for the faxless payday loans in Canada normally are people who have annual household incomes that are more than $25000. In addition to this most of these borrowers are highly educated with around 60% having attended college and about 20% of them having bachelor’s degrees and more. This only goes to show that payday loans are not given to people of a certain class. They are meant to help anyone regardless of societal class, provided the borrowers meet the requirements for getting a payday loan.

The faxless payday loans in Canada, have a very clear repayment policy which guarantees that the borrower will not be indebted to the payday lenders for too long. The borrower’s loan will be repaid as soon as the borrower‘s salary is deposited into the checking account. Since the borrower normally writes a post dated check upon taking the payday loan, the payday lender’s only have to present this check to the bank and recover their money. This policy helps to let the borrower know just how much money is owed to the payday loan lending company.