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

Instant Approval Payday Loans

Picture of Instant Approval Payday Loan in Article

Things always seem to take a turn for the worse when one is low on cash. It is during such broke times that one is often faced with more and more problems. The fact that these problems arise in times when the payday is still at least two weeks away, makes the person very desperate and in need of a solution to getting instant cash. The solution to such problems can be found in an instant approval payday loan. All that the person has to do is apply for the payday loan from a payday loan lender. The staff of the payday loan lending company will immediately respond to the loan request and inform the borrower whether the loan has been approved immediately. The funds will then be wired directly to the borrower’s bank account.

The main benefit of instant approval payday loan is that it equips the borrower to handle any kind of financial problem without having to jump through any of the usual hoops that the banks and other financial institutions make borrowers go through. The borrower need not worry about long queues, cumbersome application processes and lengthy waiting periods before the loan is approved. Thanks to the payday loan, lending companies people can access the funds that they need in the shortest time possible and by following the simplest and most basic steps.

In contrast to the bank loans, all that a person has to do in order to get an instant approval payday loan is to meet the set requirements. The borrower must have attained 19 years of age. The person must also be a Canadian citizen or a permanent resident of Canada. It is also required that the person be employed and must have held the job for at least two months. A working checking account is fourth on the list of requirements and a phone number is the final condition that the person has to fulfill.

The Advantages of an Instant Approval Payday Loan

These are the only conditions that a borrower is required to meet in order to qualify for an instant approval payday loan. As long as the borrower bears these points in mind when applying for the payday loan then the entire process will be smooth and will prove to be fruitful to the borrower. 90% of those who apply for the payday loans are normally approved. This means that out of every ten people who apply for the payday loan, nine will be approved.

The entire process is made fast easy and understandable for all who are interested in getting an instant approval payday loan. The borrower does not have to disrupt the daily schedule to apply for the payday loan. As long as the person has a good internet connection, then the person can apply from any location be it in the office, at home or even in the park. Online applications are the fastest way of getting the payday loan request to the payday loan lenders and the staff on the other end will quickly respond to the request and give feedback in a matter of minutes.

The repayment process of an instant approval payday loan is just equally as easy as the application and approval process. The borrower will have written a post dated check for the payday loan lenders to use when claiming what is owed to them from the person’s checking account. The payday loan lenders will use this check only when the borrower’s paycheck has been deposited into the person’s checking account.  The best part about the payday, a loan is that the borrower gets to clear the debt in one-go. Therefore, the loan does not stretch over a long duration accumulating very high interest.