Getting Your Instant Wire Payday Loans

Posted on Monday 20 July 2020

There are a number of reasons you may find yourself in need of a small loan. It can be that you need some extra cash to cover your monthly bills, or to pay for an unexpected fix on your car. You may even be consolidating a few outstanding bills, building your credit history, or looking for funding for your small business. Worst case scenario, you didn't manage your budget and now are in somewhat of a hole.

Whatever the reason is, what's important is that you get the funds you need to keep your monthly finances running strong. This will help you immensely in achieving your goals.

When in a bind and can’t afford to wait weeks for the approval process of a traditional loan, you should consider taking an online payday loan. Not only are instant wire payday loans much easier to qualify for, but they also have a streamlined application process and quick delivery. In some cases, funds will be available within hours!

Payday loans have a ton of advantages over traditional loans from banks and credit unions. However, if you’ve never applied for an online loan, it can be difficult to know where to start. In this article, we’ll go over how to apply for a payday loan.

Step-By-Step Breakdown of Getting Instant Wire Payday Loans

All payday lenders are unique. One lender might give you 30 days to pay back the loan, while another might offer 60-day terms. Despite these small differences, there are plenty of common threads when it comes to getting instant wire payday loans.

If you’ve never gotten a payday loan before, you probably have a ton of questions. In the sections below, we’ll answer these questions as we break down the instant wire payday loan process so you know what to expect from start to finish.

Step 1: Fill Out An Online Application

Applying online is one of the benefits of instant wire payday loans. It’s simple, straightforward, and fast. Best of all, filling out an online application means that you don’t have to worry about travelling to a storefront, waiting in line, or sitting down with a loan officer. Who wouldn’t rather do everything from the comfort of their living room couch?

The great thing about applying for online loans is that there are no business hours. Whether it’s 4 a.m. or 4 p.m., you can submit an application whenever it’s convenient for you.

The application process includes filling in information about employment status, proof of income, and proof of banking history. In some cases, you may be asked to submit a recent pay stub, a utility bill, or an authorization of deposit from your bank.

Step 2: Get Approved for A Instant Wire Payday Loan

Instant wire payday loan approvals are much, much quicker than banks and credit unions. You’ll know if you’re approved within minutes of submitting your application, so you can say goodbye to the stress and anxiety of waiting on a decision.

Once you get an email confirmation of your approval, you’ll be able to look over the repayment details and sign the loan agreement. Instant wire payday loans are typically awarded in amounts between $100 and $1,500, but this may vary depending on the payday lender that you choose.

Step 3: Instant Bank Transfer

Once you sign your loan agreement, your funds will be sent to your bank account via a secure EMT deposit. Some instant wire payday loans are deposited in as little as 30 minutes. Of course, the speed of the deposit will depend on whether you’re a first-time borrower or a returning borrower, as well as how quickly your bank can process the transfer.

Step 4: Make Payments

Instant wire payday loans are meant to supplement your income between paychecks. Payment will typically be due within 30 days, but some lenders allow for payment within 60 days. Make sure you read your loan agreement terms carefully so that you know when your payment is due, and reach out to customer service as soon as possible if you need an adjustment.

The good news is that most payday lenders make it easy to pay off your instant wire payday loans, especially if you’re worried that you’ll forget to make a payment. Rather than logging onto an account and processing individual payments, you can use automatic withdrawals to ensure that your loan is paid off in full and on time, all with minimal effort on your part.

Getting Instant Wire Payday Loans with My Canada Payday

MyCanadaPayday believes that instant wire payday loans should be available and accessible to everyone.

You don’t have to have a 750 credit score or thousands of dollars in the bank. The only qualifications you’ll need are:

  • Be a Canadian resident and at least 19 years old
  • Hold a job locally and show proof of steady income
  • Have at least 180 days of banking history

Instant wire payday loans are a great choice if you can’t afford to wait for a bank to review your paperwork, credit score, borrowing history, and income. Instant wire payday loans from My Canada Payday provide quick approval and speedy delivery.

You can complete the application in as little as fifteen minutes, and funds are ready within one business day- or half an hour for returning borrowers.

You can apply online at any time, from anywhere. All you need is a stable internet connection and 15-20 minutes of spare time.

My Canada Payday is here to help with all of your instant wire payday loans. Our expert customer service team is 100% Canadian, and we never outsource calls or emails. Stop waiting on banks and credit unions, and reach out by phone (604-630-4783) or email ( to get the funds you need today.