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 Cash Loans

Image of Payday Cash Loans in Article

In life, not everything always goes according to plan. Things can always go wrong when a person least expects it. Most of these surprise problems normally have a financial angle to them. Therefore, if the person does not have any funds to spare then it results in a potentially embarrassing situation. It is especially inconvenient to have such emergencies during times that a person has already spent the previous pay check and is relying on luck to get by the days until the next paycheck comes in. However, if a person is knowledgeable about how payday cash loans work, then emergencies can easily be handled.

Payday cash loans are basically a service that enables employed people to get the funds they need in times of emergencies, without going through a lengthy and rigorous process. These loans are meant to help the borrower solve their problems without having to go through any additional hassles. In order to meet this objective, the payday lenders make it conspicuously easy for a borrower to get the funds. They have set requirements that can easily be met by most working class people. As long as the borrower is able to satisfy the set requirements, then the person will have no problems getting approved for the payday loan.

The said requirements dictate that the borrower must be at least nineteen years of age. The person also must be a Canadian citizen or at least have a permanent residence in Canada. Additionally, the person must be employed and have held that particular job for a minimum of two months. For purposes of getting the funds from the payday lenders, one is also required to have a working checking account. Apart from these requirements, there are no other conditions that would bar a borrower from getting payday cash loans. The borrower will not have to worry about having collateral since the payday lenders do not require it.

Canadian borrowers can apply for payday cash loans via the internet. All they have to do is to go online and find a payday lender’s website. From there the borrower can set about applying for a payday cash loan. A borrower can also get top a reliable payday website through referral information. It is always best to compare the different pay rates of these sites and select one that is best suited to help you meet your needs at an affordable interest rate. Generally the rates for payday cash advance loans are reasonable and the borrowers can pay it up when their next paycheck comes in.

The whole process of getting a payday loan is designed to afford the borrowers maximum convenience and fast service. Therefore, at no time will the borrower be expected to fax identification documents as proof of identity nor will the person be required to fax bank statements to show that they are credit worthy. In order to get payday cash loans one only needs to meet the above mentioned requirements and the cash will be sent directly to the borrower’s checking account within minutes of their application being approved.

How much is a borrower expected to pay back and can the payday cash loan be extended?

The interest rates for the payday cash loans are reasonable such that the borrower can afford to repay. However it is important to note that the interest rates vary depending on the payday lender in question. Therefore, it is natural that some will be more affordable than others but the borrower should always exercise due diligence and select a payday lender that has the best rates. If the borrower is unable to pay back the loan once it entered its repayment period, then the person can apply for an extension. The borrower and the payday lender will then go through the previous agreement and come up with new reasonable terms for the extension.