Mr. Payday Easy Loans Inc. is a fully licensed direct lender providing secure online payday loans in BC. We operate from our head office in Burnaby, BC (3989 Henning Dr #214), serving residents across the province since 2002. Our regulated fee is $14 per $100 borrowed, with funds sent via Interac e-Transfer in as little as 30 minutes.
The Trusted Choice for Online Payday Loans in BC
When you are facing an unexpected financial shortfall, speed and security are paramount. Whether you need to cover an emergency car repair in Prince George, handle urgent utility bills in Surrey, or bridge the gap until your next paycheque in Victoria, Mr. Payday is here to help.
We are not a faceless app or an offshore call center. We are a Canadian-owned and operated business with a physical head office in Burnaby, British Columbia. As a responsible lender, we operate strictly under the regulations of Consumer Protection BC (Licence #50031). This ensures that when you search for online payday loans in BC, you are dealing with a company that is legally accountable to provincial laws designed to protect you.
Our digital-first platform allows us to serve every community in the province 24/7. We have removed the need for faxing documents or standing in line at a storefront. With our secure system, you can complete the entire process from your smartphone—from application to instant funding—in just a few minutes.
The Licensed Direct Lender Advantage
In the crowded market of online payday loans in BC, it is crucial to distinguish between a Direct Lender (like Mr. Payday) and a Broker (lead generator).
The Risks of Using a Broker:
Many websites that appear in search results are not actual lenders. They are marketing agencies known as brokers. They collect your sensitive personal and banking data and sell it to the highest bidder, often leading to:
- Your information being shared with dozens of unregulated or offshore lenders.
- An overwhelming volume of spam calls, text messages, and emails.
- Hidden “brokerage fees” or setup charges that you did not agree to.
- A lack of accountability if something goes wrong.
Why Mr. Payday is Different:
Mr. Payday processes every loan in-house at our Burnaby office.
- Data Privacy: Your application stays with us. We never sell your data to third parties.
- No Hidden Fees: As a direct lender, we charge only the regulated rate of $14 per $100. There are no application fees or “fast funding” surcharges.
- Local Support: When you contact us, you are speaking to a team based here in British Columbia, not an outsourced support center halfway across the world.
Serving Every Community in British Columbia
Our mission is to provide accessible credit to all British Columbians, regardless of their location. Our online platform brings the “storefront” to your living room. Below is a directory of the communities we proudly serve with fast, faxless e-transfer loans.
Metro Vancouver & Lower Mainland
Residents in the Greater Vancouver area rely on us for fast solutions to the high cost of urban living.
- Vancouver
- Surrey
- Burnaby
- Richmond
- Coquitlam
- Langley
- Delta
- Maple Ridge
- New Westminster
- Port Coquitlam
- North Vancouver
- West Vancouver
- Port Moody
- White Rock
- Pitt Meadows
Fraser Valley
We support the hardworking families and agricultural communities of the Valley.
- Abbotsford
- Chilliwack
- Mission
Vancouver Island
From the capital city to the northern tip of the island, we provide reliable financial access.
- Victoria
- Nanaimo
- Saanich
- Langford
- Campbell River
- Courtenay
- Duncan
- North Cowichan
- Parksville
- Port Alberni
- Colwood
- Sooke
- Comox
Interior & Okanagan
Whether facing seasonal shifts or unexpected expenses, the Interior relies on our fast approvals.
- Kelowna
- Kamloops
- Vernon
- West Kelowna
- Penticton
- Salmon Arm
Northern BC & Cariboo
We bridge the gap for communities where physical banking options may be limited.
- Prince George
- Fort St. John
- Cranbrook
- Terrace
- Prince Rupert
- Dawson Creek
- Williams Lake
- Quesnel
Clear Costs & Terms: Regulated by Consumer Protection BC
Transparency is not optional; it is our promise. When you apply for online payday loans in BC through Mr. Payday, you will see the exact cost of borrowing before you sign anything. We strictly adhere to the provincial maximum fee.
| Fee per $100 | Total Cost for $300 Loan | Funding Speed | Licence Verified? | Location |
|---|---|---|---|---|
| $14.00 | $342.00 | 30 Mins | Yes (#50031) | Burnaby, BC |
- No Hidden Fees: We do not charge “administration” or “application” fees.
- NSF Policy: If a pre-authorized debit is returned due to Non-Sufficient Funds (NSF), a single $20 fee applies. We strictly follow the “no multiple attempts” rule to protect your bank account from stacking fees.
- APR Disclosure: For a standard 14-day loan with a fee of $14 per $100, the Annual Percentage Rate (APR) is 391.07%. Payday loans are intended for short-term financial needs, not long-term debt solutions.
How to Qualify: Income-Based Approvals
We believe that your credit score does not tell your whole financial story. Banks often reject hardworking Canadians based on past mistakes or lack of credit history. At Mr. Payday, we use income-based approval, focusing on your current ability to repay rather than a number on a credit report.
Because of this approach, we offer a high approval rate to applicants who might otherwise be denied.
Basic Requirements
- Age: You must be 19 years or older.
- Residency: You must be a resident of British Columbia.
- Banking: You must have an active chequing account with online banking enabled (essential for our faxless verification and instant funding).
- Income: You must have a net monthly income of at least $1,200.
We Accept Diverse Income Sources
Unlike traditional lenders who only look at standard employment, we recognize that reliable income comes from many sources. We are one of the few providers of online payday loans in BC that explicitly accept:
- Employment Income: Full-time, part-time, and contract work.
- CPP (Canada Pension Plan): We proudly support seniors and retirees.
- EI (Employment Insurance): We can help bridge the gap while you search for work.
- Child Tax Credit (CTC): We consider government benefits as valid income for families.
- Private Disability & WCB: Long-term disability benefits are accepted.
- OAS (Old Age Security): Accepted when combined with other income sources.
Note: While we strive to be inclusive, we currently cannot lend on social assistance (welfare) alone due to affordability regulations.
Your Legal Rights in British Columbia
Borrowing money is a serious commitment, and the Province of British Columbia has established strict laws to protect you. As a licensed lender, Mr. Payday complies with the Business Practices and Consumer Protection Act. When searching for online payday loans in BC, ensure your lender respects these rights:
1. The 2-Day Cooling-Off Period
You have the absolute right to cancel a payday loan within two business days of receiving the funds. You can return the principal amount without paying any interest or fees. This “buyer's remorse” clause ensures you never feel trapped in a loan you immediately regret.
2. No Rollovers Permitted
In British Columbia, “rolling over” a loan (extending the due date for a fee or issuing a new loan to pay off an old one) is illegal. You must repay your current loan in full before accessing new credit. While this may seem strict, it is a vital consumer protection designed to prevent the debt cycle.
3. The 50% Net Pay Rule
A lender cannot issue a loan that exceeds 50% of your net paycheque. For example, if your take-home pay is $2,400 per month, your loan cannot exceed $1,200. This regulation ensures that you have enough money left over for rent, food, and other essentials after repayment.
4. Fair Collection Practices
Licensed lenders are prohibited from contacting your employer, friends, or family to collect a debt (except for a one-time employment confirmation). We treat all our clients with dignity and respect their privacy.
Our National Presence
While Mr. Payday is a BC-based company, our reputation for trust and transparency has allowed us to expand across Canada. We maintain physical offices in three provinces to ensure compliance and accessibility for our customers.
British Columbia Head Office (Serving All BC Communities):
3989 Henning Dr #214, Burnaby, BC V5C 6P8
Licence #50031
Alberta Office:
3300 TD Canada Trust Tower, 421-7th Avenue SW, Calgary, AB T2P 4K9
Licence #326997
Ontario Office:
180 Northfield Drive, West Waterloo, ON N2L 0C7
Licence #4716300
This national footprint distinguishes us from “fly-by-night” websites. We are a stable, verified financial institution committed to serving Canadians for the long term.
Frequently Asked Questions
Can I get a loan on the weekend?
Yes, you can start the process immediately. We understand that financial emergencies do not stop on Friday at 5 PM. Our online application system is open 24/7, allowing you to submit your request anytime, including Saturdays, Sundays, and holidays. We review applications during our business hours, and once approved, the funds are sent via Interac e-transfer within 30 minutes.
Is Mr. Payday licensed in BC?
Yes, we are fully licensed by Consumer Protection BC. Our licence number is 50031. We display this number on all our advertisements and agreements because we believe in total transparency. You can verify our good standing on the Consumer Protection BC website at any time.
Do you accept EI or CPP?
Absolutely. We understand that many British Columbians rely on EI (Employment Insurance) and CPP (Canada Pension Plan) for their livelihood. As long as your total monthly income is $1,200 or more and is directly deposited into your bank account, you are eligible to apply.
What if I have bad credit?
We specialize in loans for people with less-than-perfect credit. We do not perform “hard” credit checks that lower your score. Instead, we use our secure faxless verification system to view your banking history. If we see steady income and responsible banking behavior, we can usually approve your application, even with a history of bad credit or bankruptcy.
How do I repay the loan?
Repayment is simple and automatic. On your due date (usually your next payday), the total amount is automatically withdrawn from your bank account via Pre-Authorized Debit. You do not need to mail cheques or visit a store. This ensures you never miss a payment deadline.
The Secure Choice for Online Payday Loans BC
In an industry filled with uncertainty, Mr. Payday stands as a pillar of reliability. We combine the speed of modern technology with the safety of provincial regulation. Whether you are in Vancouver, Prince George, or anywhere in between, we provide the emergency funds you need with the respect you deserve.
Don't risk your data with unlicensed brokers. Choose the local, licensed direct lender that has been helping British Columbians since 2002.
Apply now for trusted online payday loans in BC and receive your e-transfer in as little as 30 minutes.