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.
Cambridge is an important Ontario city that resulted from a merger between several towns and townships located in the region including the City of Galt, the Town of Preston and the Village of Blair. My Canada Payday offers loans here as well as in nearby Kitchener. Its population is approximately 130,000 residents and it is a location that filmmakers constantly employ for its European-like architecture. Some popular films and TV series that have used Cambridge to shoot footage include Silent Hill, Designated Survivor, and American Gods. Its major employers include Toyota Motor Manufacturing Canada, Rockwell Automation, and Frito-Lay Canada. The city's workforce is comprised of over 100,000 people and its major industry is undoubtedly manufacturing, which employs over 20% of the active population. Cambridge is the home of over 48,000 households and the median household income is approximately $77,000.
There are tons of reasons why you might need a payday loan in Cambridge. My Canada Payday approves payday loans all across Canada for up to $1,500—and all without requiring that applicants have a picture-perfect credit score or thousands of dollars in the bank! And we don’t have restrictions on what you can use your payday loan for, either. Once approved, you are free to use your loan on anything that you need. What could you use your My Canada Payday loan for? Here are some examples of how Cambridge residents are using their payday loans:
Applying for a loan can be extremely frustrating, especially if you have overdue bills or an urgent expense looming in the background. Add to that the worry of whether you’ll get approved for a bank loan—and the weeks of waiting—and trying to get a loan can be unbearable. Payday loans are a much faster way to get the funds you need, and they are even easier to qualify for.
At My Canada Payday, our goal is to help our borrowers make smart financial decisions and achieve good financial health. For many Canadians, that means having access to loans in order to keep their bills paid on time, pay off credit cards, or even just to provide a little extra cushion between paychecks.
But what does it take to get a loan from My Canada Payday? What are the qualifications that you’ll need to meet? We like to keep our qualifications as simple as possible in order to ensure that as many Canadians as possible can benefit from a loan. See below for the list of requirements you’ll need to meet before applying for a payday loan in Cambridge:
First things first: in order to get a payday loan, you’ll have to meet the minimum age requirement. My Canada Payday requires all of our payday loan applicants to be at least 19 years old. If you are, then great—you’re ready to move to the next requirement!
Now that you’ve got the age requirement all set, you’ll need to make sure you have at least 180 days of banking history. We’ll ask you to provide some screenshots of your online banking to verify that your bank account is eligible. All screenshots will be sent through our secure My Canada Payday loan application, which encrypts your personal data to ensure that it stays safe every step of the way.
If your bank account is less than six months old, you will need to wait to submit your payday loan application—but don’t worry, My Canada Payday will still be here, ready and waiting!
Last but not least, you’ll need to be getting paid by direct deposit or cheque on a regular basis from an employer that is local to you. It doesn’t matter when you get paid, as long as you are receiving a pay cheque on a regular schedule. Unfortunately, My Canada Payday is not currently offering payday loans in Cambridge for self-employed applicants, however pension, ODSP, CCB, and other forms of regularly scheduled income do qualify.
You don't need to worry about your credit score when getting a payday loan with us. We use your online banking details to approve loans instead, so you can even qualify for a loan with no credit at all. The most important thing is that you have an online bank account that you can submit the past 180 days of transactions to show a history of steady income that can be relied upon to pay off the loan on the due date. We have been offering bad credit loans for over 10 years, helping Canadians get the fast cash they need.
Okay, we’ll say it—My Canada Payday is one of the best payday lenders in the country! Our borrowers come back to us for their quick payday loans in Ontario because we are dependable, efficient, friendly, and fast.
From our simple application process to our industry-leading customer support team, it’s easy to see why My Canada Payday continues to be the best place to get payday loans in Cambridge! Here are some of the best reasons to choose My Canada Payday for your next payday loan:
Time is precious, and we won’t waste yours. That’s why we have designed every step of our process to be as fast as possible, starting with our application. Most borrowers complete their application within 15 minutes, making it easy to apply for a payday loan on your own time! Our commitment to saving you time doesn’t stop there—we also have a speedy review and approval process, with many borrowers getting notified of their application status on the same day they apply.
Once you’re approved for a payday loan, your funds are disbursed through a secure Interac e-Transfer, 24 hours a day, 7 days a week. New borrowers will be able to use their payday loan within one business day, and returning borrowers could access their funds within hours!
It’s hard to carve out time in your schedule to get to the bank and apply for a loan. Don’t spend your entire Saturday afternoon waiting in line and filling out paperwork! My Canada Payday makes it easy to go through each step of the borrowing process right from home, including issuing loans on the weekend. Your approval notification and loan terms will be sent for review via email, and your loan will be sent directly to your bank account. With My Canada Payday, you can get a payday loan in Cambridge for up to $1,500 without ever leaving your couch!
Whether it’s your first time getting a payday loan or your hundredth, My Canada Payday offers one of the best payday lending processes from start to finish. See what our borrowers are saying about their experience with My Canada Payday: