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

Payday Loan Ontario, Canada

Picture of Ontario Payday Loan in Article

Even the people who have stable jobs and have good salaries will still find themselves tangled in those awkward and financially compromising emergencies that need them to consider looking for an Ontario payday loan. When there are sources of money which can help but they are not immediate, they become useless in the interim. Immediate money, albeit at a small interest fee is handier than money that is uncertain. It makes more financial sense to borrow immediately, sort out emergencies and continue with life, letting the future income net off the debt. For Canadian citizens, a simple navigation to a website and keying in certain details does the magic.

People who have a known date when a certain check comes in can just use that as a basis for borrowing the money from payday loan lenders. These lenders will agree to give some money to be spent at the moment in contract to getting the money refunded once an employer deposits the employee’s pay after a certain period, usually the end of the month. Processing of an Ontario payday loan is lightning fast if all requirements are known and met. It is a loan processing which is not that difficult compared to traditional forms of loans.

Regardless of all the hype surrounding emergency loans, someone should still consider it as a short loan. By virtue that they are paid back by netting off a certain paycheck just implies that someone will be missing part or whole of his next paycheck. That is not a good sign for people who think they can use it to finance those shopping sprees. An Ontario payday loan is best intended for the people who have emergencies that cannot wait and those that would worsen if they were ignored or kept pending. Sickness for example can not wait. People ignore health emergencies, checkups and operations at their own peril.

The Ontario payday Loan is Sufficient For Emergency Needs

Previously, if someone needed to get emergency funds he would be thinking about getting it from a friend or he would need to negotiate with the payroll department at the office to sneak in an advance sum of money in his account. The level of uncertainty that surrounded these forms of finances was too unbearable.

Furthermore, nobody was going to give the full amount that someone had asked for. An Ontario payday loan application involves someone having to enter in the exact amount of money he needs. There are no apologies in the line of unavailable funds from the lenders.

The ideal length of time to keep the Ontario payday loan is about 2 weeks to one month. Usually, the interest is higher than a long term loan. That is if the percentage figure is considered. However, by virtue of the loan being one of a short span, the total figure paid as interest is not fleecing. The initial period is set at a flexible level so that the person who borrowed can always have it tailored to fit the period between borrowing and when the loan is finally repaid. Who knows? Someone often ends up in advantageous positions that allow the repayment to be done the next day.

Registration details for the Ontario payday loan have to be entered with all honesty. Cheating and using fake names is a definite no. Cheating about age, for example someone saying that he is over 19 (a key requirement) yet he is a minor can lead to the application bouncing. Minors will not be granted the loan, even if they have a paying job. The requirements are kept at a minimal number so that deserving people are not locked out.