Payday Loans Vancouver

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!

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How Does Getting a Vancouver Payday Loan Work?

How Does Getting a Vancouver Payday Loan Work?

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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.

AGREE

We'll look at the loan application and approve or deny right away. Once you are approved, we send you a contract which you digitally sign and that's it.

MONEY

Last, you'll get the funds via Interac e-Transfer. You can accept the contract 24 hours a day.

Online Payday Loans in Vancouver, British Columbia

If you’re a movie buff, you may have noticed the vibrant city neighborhoods or scenic oceanside of Vancouver from any number of feature films! From the forest scenes in Jumanji to residential neighborhoods in Juno to expansive cityscapes in Deadpool and Godzilla, Vancouver is no stranger to hosting blockbusters.

And it’s no wonder that Hollywood has a long-standing love affair with Vancouver. The city is home to over 631,0000 people, making it one of the most populous and diverse cities in Canada. Each neighbourhood brings its own unique identity and culture, from the exotic shops and cuisine of Chinatown to high-end mansions and restaurants in South Granville.

In fact, Vancouver is consistently ranked as one of the best places to live in Canada and even in all of North America! My Canada Payday is happy to be in Vancouver to provide residents with quick access to the funds they need, whether they are paying off debt or need a quick influx of cash to fill the gap between their next paycheque.

My Canada Payday lends all across Metro Vancouver including North Vancouver, West Vancouver and Port Moody.

Payday Loans vs. Bank Loans: What’s the Difference?

Whether you have an overdue rent payment, utility bills that are piling up, or need an extra influx of cash before your next big trip, seeing an empty bank account can be stressful. We’ve all been there—when you’re stuck in a bind and need access to funds, you need to get a loan as quickly as possible.

Vancouver residents have plenty of short-term and long-term borrowing options—but how do you find out whether a payday loan is the right choice for you? Here are a few key differences between payday loans and bank loans for you to consider:

  • Payday loan applications can be filled out online simply and easily; bank applications may require that you visit in-person to sit down with a lending officer and often need multiple supporting documents
  • Payday lenders don’t require a high credit score; many traditional lenders will use your credit to either approve or deny your application
  • Payday loan applications can be approved and disbursed in 30 minutes or less; bank applications may take days (or weeks!)

If you think a payday loan through My Canada Payday is right for you, go ahead and fill out our simple, online application. Give us a call at (604-630-4783) or shoot us an email (getpaid@mycanadapayday.com) to get in touch. We are here to help Vancouver residents get the funds that they need, when they need them!


Why Choose My Canada Payday for Your Payday Loan?

We’re convenient.

From start to finish, the entire borrowing process can be managed online, making it easy to get a loan while stretching out on your couch.

We’re part of your community.

My Canada Payday is available throughout Canada, and is 100 percent Canadian owned and operated. You can feel good about partnering with a business that focuses on supporting local communities—and never on outsourcing.

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We’re easy and reliable.

All you need to qualify is at least 60 days of banking history and proof of a regular paycheque schedule. We’ll use your credit score to determine some degree of your acceptance, but we’ll never use it as the only factor to deny or approve any online payday loans.

We have phenomenal customer service.

We pride ourselves on offering industry-leading customer service. Our team is always available via phone or email to offer guidance and answer questions—and always with a friendly, positive attitude.

No credit payday loans in Vancouver

It's possible to get an online payday loan with My Canada Payday even if you don't have any credit or if you have bad credit. This is because of our risk scoring system that looks at your income, bill payments, and other factors that don't always get tallied up right in a credit report.





Frequently Asked Questions about Payday Loans Vancouver

If you've got questions, happily enough we have answers. Answers to all your Vancouver payday loan related questions.

Q: Can I get a bad credit payday loan in Vancouver?

Payday loans are designed to be scored off your ability to pay in the short term, so what we are looking for is things like steady income (employment, pension) and not having too many NSF payments. Having bad credit for things that happened in your past isn't going to mean you can't qualify for a loan with us.

Q: How about weekend loans in Vancouver?

Sure thing, we're open 7 days a week, so we definitely offer weekend loans. Not only that, we send funds 24/7 for your convenience.

Q: Where are your offices?

Not far away, and still in the GVRD, or Metro Vancouver if you prefer. You can get payday loans in Surrey at our main office. We also have call centers in Halifax and in Barrie.

Q: How long do I have to pay off my loan?

Usually you will pay back on your next payday. If you want to stretch it out over the next payday or two, contact us and we can set that up for you.

Q: What is the maximum amount of money I can borrow in Brampton?

For a first loan, you could borrow up to $500, but no more than 50% of your net income. For example, if you earn $2200 per paycheque your maximum loan would be $1100.

Q: Do you offer Vancouver cash advances?

Payday loan, cash advance, same things. Yes, we offer cash advances in Vancouver, repayable on your next paycheque.

Q: Do you lend in North Vancouver?

Yes, we offer payday loans in North Vancouver.

Q: Do you lend in West Vancouver?

Yes, we also offer payday loans in West Vancouver.

Q: What is a payday loan?

A payday loan is basically a cash advance. Which happens to be getting money in ‘advance’ in exchange of something valuable that you have to offer.

Usually an ongoing income source such as a job.

To qualify for a payday loan, you simply present your current pay stub (Sometimes they may ask for your last three pay stubs) to the lender (In this case it would be us) and we’ll calculate how much cash we can give you ‘in advance’ on the basis of your current income.

If you happen to be approved, we then give you your cash. This is called getting a payday loan.

Q: How do payday loans work in Vancouver?

Payday loans are taken out for various situations. Whether you live in West Vancouver or somewhere else in the Lower Mainland, sometimes, you just need a little cash.

For example: Let’s say you went snowboarding on Cypress Bowl and broke your board. If you don’t have the cash to replace it right away, you can get a payday loan to buy a new board or repair your existing one.

Once you get your next pay check, you simply pay off that loan with some interest. The interest a payday loan service in Vancouver may charge, basically covers their fees and other costs for lending to you.

In a nutshell, you got what you wanted and the lender made a little change off of it as well. It’s basically providing some convenience when you need it the most.

That’s how payday loans work.

Most people in Vancouver (Especially those residing in East Vancouver) unfortunately get payday loans for tough situations. These can range from being short on rent, missing their Fido or Shaw cable bill or perhaps something else.

Regardless, the whole idea is to help you out with some cash so you can take care of your business right away. Then hopefully pay us back later.

Usually on your next payday. Hence the name, payday loan.

Payday loans are quite common in Vancouver so never feel down or embarrassed if you need to get one. In fact, you should be proud that you are using different financial tools to take care of your situation.

Life can happen to anyone so hang in there. A payday loan is just another way of helping yourself out when you have some cash flow issues.

One thing to keep in mind is if you are trying to get a payday loan outside of Vancouver, the rules and regulations might be different. As every city usually has their own rules and regulations towards payday lending.

Q: How to get a payday loan in Vancouver?

To get a payday loan in Vancouver, you need two specific things. Regular income and a bank account. Usually a checking account.

For income, you are required to have an ongoing steady job. There are no minimum requirements on what kind of job (Or what industry) would be the best to help you qualify for a payday loan.

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.

Most payday loan companies are looking for longevity in your current income. After all, they would like to get the money they loaned to you back at some point as well.

Good news is most payday loan companies are quite flexible so getting a payday loan shouldn’t be a big issue. Even if your credit isn’t up to par so to speak.

One thing to keep in mind, in Vancouver you have to be of legal age to qualify for a payday loan.

Q: Where can I get a payday loan in Vancouver

You can get a payday loan either at a physical location of the lender or online through their website.

We have a physical location in Surrey to help you. If you apply online, we can connect you straight to one of our customer service reps and they’ll be more than happy to assist you.

Q: How to get out of payday loans?

The best way to get ‘out’ of a payday loan situation is by paying it back.

If you can’t pay it back right away, it’s best to contact your lender and see if you guys can work out a monthly payment or agree on something that will satisfy both parties.

It really depends on your situation. Just be transparent about it and in most cases, you’ll end up working out something.

Q: What do I need for a payday loan?

To get approved for a payday loan in Vancouver, there are a few requirements that must be met.

  1. Valid proof of income. In some cases, you may be asked for your last three monthly pay stubs or something along those lines.
  2. Be of legal age. Which is 19 or older in Vancouver.

A bank account. This may serve as further proof that you have an ongoing income or are capable of paying the loan bank.

In addition, this is where your payday loan will also get deposited. So either way, a bank account is required nonetheless.

Q: Is a payday loan secured or unsecured?

A payday loan is considered an ‘unsecured’ loan. As you (The borrower) are not putting anything up as collateral (House, downpayment, etc).

Except for the fact that you do have a job. So in reality, offering a payday loan is a ‘risk’ for the lender (Like us).

In most cases though, you’ll be able to get a payday loan even if you have bad credit.

We only encourage you to be responsible with your finances so we can continue working with each other for a long time.

We Lend Across Canada

We offer online payday loans across Canada. Below are the provinces we operate in, as well as some of the major cities we lend in.