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 Loans Toronto, Ontario

Picture of Payday Loans Toronto in Article

When times get rough financially, and money is needed at short notice, the easiest way to obtain instant cash is to apply for payday loans Toronto. These fast loans are what everyone would need to solve impromptu financial issues that can come up when one least expects.

The amendment that was in place concerning The Criminal Code of Canada, 2006, has allowed Provinces to fix their own payday loan regulations. When it comes to Payday Loans Toronto, the regulations are specific. Those who want to take quick loans are able to do so provided they are adults, of age 19 years and above. If one needs to get the easy money for paying bills or for unforeseen circumstances that lead to high expenditure, the logical thing is to borrow money online. The instant loans are instant, because one can get them ready in less than a day. Sometimes they are known as advance payments or emergency loans.

The ideal thing about this is that a person does not need a credit check of other existing financial encumbrance. The loans are available with online applications on a 24 hour basis and 7 days each week. All that is required is for the person to check and see if all the requirements are in order. The next thing is to go to the online companies that deal with Payday Loans Toronto, to apply. It is quite easy and there is no need for faxes. If one has met the prerequisite, that pertain to the loan application, the person qualifies get a loan. There are many reasons why most people have found this method to be convenient. For example, the loan is hassle free. This is because the money is paid or deposited right into an individual’s account. After that, the borrower sits, and waits for a phone call telling him or her to go collect the cash. That is correct. There are no interviews and appointments to be set with the bank’s credit manager.

Most people apply for credit with confidence. This is because with Payday Loans Toronto the financiers do not bother to check the borrower’s creditworthiness. There are never any fears that the financier would turn down the application, because it rarely happens. It is no wonder that anyone that finds him or herself in a financial quandary knows exactly where to turn for a financial quick-fix. All these are the reasons why the common choice for everyone who needs to repair a vehicle at short notice or has to come up with funds at an eye’s notice must know that the only hope available is to apply for an advance payment.

In Canada the regulations that govern the issuing of Payday Loans Toronto are as follows:

The borrower must be somebody who can command an income that makes a direct deposit to the bank. This is because most of such loan arrangements can be recovered directly from a person’s pay or salary.

It is mandatory for the one seeking the loan to be a resident of the place or province where the bank or financiers are paying the money. In this case, the Payday Loans Toronto must be applicable to residents of Toronto and nowhere else.

As mentioned before, the age requirement is 19 years with an active bank account. The APR percentage is already fixed such that there is no usury to be practiced by the lender. Loan duration usually ranges from one week to six weeks. They fall under the category of unsecured loans.

The entire method of getting the loan is coordinated online in such a smooth manner that the borrower does not have to go out to the offices of the financiers. Use a computer mouse to transact the whole process in a matter of hours. After that, the money is deposited at the authorized bank account of the borrower without further ado.

Mr Payday provides Payday Loans in other Ontario cities: Scarborough, Ajax, Newmarket, Oakville, Kitchener, Peterborough, Thunder Bay, Kingston, Etobicoke, Windsor, Guelph, Brampton, Sudbury, Richmond Hill, Mississauga, London, Hamilton, Toronto, Ottawa.