Safe. Fast. Affordable.
You can get payday loans for up to $1500 in as little as 15 minutes! My Canada Payday is in the business of getting you your fast cash advance now!

My Canada Payday is rated 4.6 stars out of 5 by TrustPilot based on 764 reviews

Even with careful budgeting and scrupulous saving, you may still find yourself in a financial pinch. Sound like you? If emergency home, car or family expenses have arisen, you may be considering a payday loan.

More and more Canadians are looking to payday loans as a valuable financial resource to help them get some quick cash. Whatever the reason you need funds ASAP, if you’re considering a payday loan in Canada it’s important to feel confident in your lending options. At MyCanadaPay, we want you to feel secure and informed about the loan process. Although we have a whole section of articles on it, sometimes you just have to go that extra mile.


Which Payday Loan Location is right for you?

If you’re looking for quick funds, a payday loan may be right for you. Acting as an unofficial advance on your regular pay, a payday loan can get you cash up to $1500. It is a type of short-term, unsecured loan, meaning you don’t have to put up any collateral. Plus get the much needed cash required.

While getting a loan was once a tricky and complicated process, especially at banks, modern lenders have streamlined the process to help Canadians get the cash they need ASAP. While a payday loan is not directly linked to your place of employment, your chosen lender will check your employment and income status as a way of determining suitability for this type of loan (there are many others out there, too!)


These days, payday loans are so accessible and straightforward that you could have funds in your account within 30 to 60 minutes! If this sounds like the type of financial resource you’ve been looking for, at iCash we want to make sure you are informed and empowered in your lending decision.


There are many ways to get a payday loan in Canada, ranging from the more traditional brick-and-mortar stores, to the new age of online lenders.

Get A Payday Loan In Person

If you talk to your parents about getting a loan, their generation is likely more familiar with the traditional route of finding an in person loan agency that is local to you.


While the process is similar, it will be facilitated at a branch and you will need to schedule this into your day. You will fill out any paperwork and submit it in person, and likely have to wait to hear the outcome of your loan request. Similar to getting government grants.


While it may be the only way you’ve ever sought a loan before, there are some important things to note about applying for a loan at a branch that is local to you:

  • While it can be nice to have some face time with a real person, the outcome of your loan application won’t be any different than if you apply virtually. There’s no sweet talk here!
  • Applying at a branch means having to schedule the process around the loan agency’s opening hours. When you are likely already stressed because of the emergency financial situation you find yourself in, being bound by a shopfront’s schedule can be an extra point of panic.
  • While there may be a flashy window display and smiling attendants, it is important to read online reviews of any loan agency, no matter how good the storefront looks.


Online is Another Option

These days, Canadians are taking advantage of new technology and leaving the loan office behind. Online lenders have streamlined the process, and even have many perks compared to a traditional shopfront experience. While it may feel different to apply for a loan from your couch late at night, remember that the financial process is the exact same.

  • You can apply for a loan 24/7/365, making fast cash even more accessible when you need it most. Lenders now have ultra-speedy processes to get you approved and cashed-up (sometimes in minutes!)
  • With the power of the internet, searching for a loan online gives you the power to shop around. You are not bound by the store in your local town, rather can make sure your chosen lender is right for you. Make sure to read reviews!
  • It’s important to remember that, while much more convenient, an online loan is still a financial responsibility that should be taken seriously (even if it’s acquired in your pyjamas!) Online lenders should be sought for convenience, but treated with the same importance as an in-person application


How To Find A Payday Loan Location

While the world of loan agencies can seem overwhelming, remember that the range of choice is ultimately a great thing for you. Like any financial decision, it’s important to shop around to find a lender that you trust and that offers terms that suit you.

  • A quick search for “payday loan locations in Canada”, “payday loans near me”, or “Canadian loan agency” will be a great start to the process. Remember that different parts of Canada will likely have slightly different interest rates and repayment terms.
  • You will likely find both in-person and online options, so now is a great time to decide which you’re going for. If you have opted for online, the good news is that you can continue with the application right away!
  • Read the reviews of the lender that you decide just to confirm that they are reputable and have provided a positive experience to people in your local area. In this situation, gossip is good!
  • Lenders must be licensed to practice in Canada, and legally this information should be available to you as a loanee. They should also have a privacy policy making sure your sensitive financial information is kept safe. Luckily, online lenders have advanced security technology to keep you secure on the web
  • Become familiar with what information you will need to provide on your loan application. The more prepared you are, the swifter the process will be, and the sooner you’ll have your cash!

    So wether you go to a physical location or online, the choice is up to you.