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It only takes a few minutes to get a payday loan with us. First off, fill out the application form. We'll need your basic details, including name, birthdate, address, and the amount you want to borrow.
Your application will be analyzed and approved or denied right away. Once you're approved, we send you a contract which you digitally sign and that's it.
Finally, you'll get the funds via Interac e-Transfer within 15 minutes. You can accept the contract 24 hours a day.
Payday Loans in Surrey, British Columbia
You might want to look at some other options before getting a payday loan. Borrowing from friends and family is usually interest free, and going to the bank for a loan or using your credit card can be an option. The application time for a traditional loan can be days or weeks, and your credit card might be at its limit though. When you need fast cash, we are ready to help with an online payday loan here in Surrey.
There are definitely a lot of storefront lenders in Surrey. You can't drive more than a couple blocks without seeing those telltale yellow awnings, but they aren't going to be as convenient as applying online with My Canada Payday. For one thing, you don't want to be standing around inside a storefront at all with COVID-19 going on. Much easier to just fill out our quick and convenient online application form. We'll be able to approve your loan in under 15 minutes, so long as you've got an online banking account, a steady source of income, and you're 19 years or older.
Our loan issuing software operates 24/7, so once you have received your contract in your email it is only one click away to deposit the funds, or even faster if you have auto-deposit turned on.
Questions about getting an online loan in Surrey?
Of course if you're living in any modern and developing city, most likely this would be the case. In Surrey however, you have more than a few options.
So how can payday loans help you?
Let’s say you went to Guildford Mall and found something that you like. Now the issue is you might be a little short on cash (Maybe your cell phone bill was too high that specific month or something).
Now you can either wait for your paycheque, or get a payday loan and get whatever you need right away.
All you have to do is go to a payday loan place, present them with the proper IDs, your last few pay stubs, and they may loan you some cash right away or make a direct deposit.
These days most do direct deposits (Especially because of Covid-19, etc).
So you get the funds you need and the lenders make money by charging you a percentage (When you pay the loan back of course).
Seems pretty straight forward right?
Bottom line, you get the cash you need to make that immediate purchase, and the company providing the loan gets a little bit off the top when you pay them back.
Unlike traditional bank loans, where they have to check your credit and banking history, etc a payday loan is more of a convenience thing.
Fact of the matter is . . . whether you live in Whalley or perhaps even Farnham, sometimes the need to borrow some cash just shows up.
So next time, when there is some cash emergency in your life, just reach out to a payday loan company and in just a few minutes, you will most likely walk out with what you need.
So what qualifies as ‘money coming in’?
Well with most payday lenders in Surrey (Even around the Scott Road area), you basically need to have a regular job.
It all depends on which payday lender you are dealing with but in most cases, a minimum 90 day proof of income is preferred.
If you think about it, if someone is willing to give you a decent amount of cash, they would obviously want to know how you would be paying them back right?
That’s the main reason of making sure the individual who is applying for a loan has some kind of way to pay them back.
So what kind of specific job do you need to have to qualify for a loan?
This really doesn’t matter. Whether you are living in West Newton, South Surrey or any other part within the city, what you do for a living is your personal business.
Payday lenders don’t care about your position at work, they just want to know if you have legal work. That’s all.
All that is needed by the lenders is that you have substantial proof of regular income. Of course, they will also ask you for your IDs (You must be of legal age), and things of that nature but that’s pretty much it.
However, the more ‘full time’ your current job / income source is, the more likely you’ll be able to get approved for a payday loan. At the end of the day, all the payday loan companies want to see is if there is a clear path for them to get their money back.
If you can prove that, most lenders (Especially in several parts of Surrey) are quite flexible.
That said, the ideal situation is to make sure you are able to pay your loan back before even getting one. This seems to be a common issue, especially in Surrey.
The absolute best thing you can do is make sure you are responsible from the get go and you would never have to worry about such a situation again.
So what is considered an active income source? Well in most cases, it’s a regular job.
Whether you are working at a gas station on Scott road as a part time clerk, or at your local foot locker at Surrey Central City Mall as a full time sales-rep.
If you can show the the lender you have a job and you’ve been there for quite some time, then you should have no issues borrowing money.
As far as the age thing goes, you should be 19 years of age. It’s actually a BC wide law.
If you can get these two things going, then you should be good to go.
Which basically means the lender isn’t asking you to provide anything to ’secure’ the deal. For example, they are not holding any of your personal belongings for cash.
Something a pawn shop owner in South Surrey may do. Or like a bank would ask for some "collateral "(Like your house or car, etc). In exchange for releasing funds.
This makes a personal loan an ‘unsecured’ loan. At least that’s the technical way of looking at it.