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.
You shouldn’t have to pay just to apply for a loan—but there are plenty of loan scams that start with a request for payment right away. If you have to pay a fee for sending an application or make a down-payment before you even receive your loan, don’t even bother. You’re likely dealing with a loan scam.
Niagara Falls is an important city located in the Golden Horseshoe region of Ontario with a population of 90,000 residents. Its privileged location alongside the Niagara River has boosted the city's tourism industry and it is usually the most attractive location for those looking to visit the falls, compared to its sister city in New York. Along with tourism, the city's economy also hosts various manufacturing, professional services, and retail businesses and its active workforce is comprised of 45,000 people and some of its major employers are Brock University, the Niagara Fallsview Casino Resort, and the Four Points by Sheraton Niagara Falls Fallsview. The average household income in the city is approximately $75,000.
Niagara Falls features splendid views and a booming tourism industry but that doesn't mean its residents won't struggle with cash issues from time to time. If you ever face such a situation, what can you possibly do?
How do you know if you are getting secure payday loans in Niagara Falls? There are plenty of loan scams happening throughout Canada, causing residents to throw away millions of dollars each year. Luckily, you’ll never have to worry about loan scams with My Canada Payday—all of our payday loans are safe, secure, and easy! Here are some examples of common ways that lenders might try to scam you when looking for payday loans in Niagara Falls:
You shouldn’t have to pay just to apply for a loan—but there are plenty of loan scams that start with a request for payment right away. If you have to pay a fee for sending an application or make a downpayment before you even receive your loan, don’t even bother. You’re likely dealing with a loan scam.
Why is My Canada Payday Different?
When you take out a payday loan with My Canada Payday, you’ll pay back the amount of the loan plus interest—just like any other loan—but you’ll never be charged simply for applying. And we’ll never ask our borrowers for money upfront. Our goal is to help you get the funds you need, not to take advantage of you and charge you as much as possible.
There are no guarantees in life: you can’t say for sure whether your car will last 10 years, or even if your favourite pair of jeans will still fit next month (thanks a lot, pandemic). Why would a loan application be any different? If a lender is advertising guaranteed approvals, that’s a surefire sign that you could be dealing with an untrustworthy company.
Why is My Canada Payday Different?
Although payday loans from My Canada Payday are quick, convenient, and don’t have the heavy restrictions that banks and credit unions often impose, we can’t guarantee approval for every applicant. All applications are sent through an approval process where we will review factors such as age, residency, banking history, and employment status.
This is a good rule to follow for any business that you give your money to—but especially when it comes to taking out a loan! All lenders should have clearly visible contact methods posted on their website to make it easy to ask questions and get help. If they don’t have a direct line to a customer support team, keep looking for a more reputable company. Loan scams work best when it’s difficult to contact them, which makes it very likely that you’re dealing with a shady company at best (or a complete scam at worst).
Why is My Canada Payday Different?
We love helping our potential and current borrowers get the answers—and the money—they need in order to make their next bill payment, consolidate credit cards, cover emergency expenses, or finance their next vacation. That’s why we’re available seven days a week (including holidays) by phone, email, or through our contact form. No matter how you would like to reach out to My Canada Payday, you always have an easy, effective, and reliable way to get in touch!Getting an internet payday loan is astonishingly hassle-free!
Qualifying for a payday loan in Niagara Falls is much simpler than at a traditional lender, like a bank or a credit union. Traditional lenders have a long list of requirements that borrowers will have to meet, ranging from income levels to overall debt to credit score. The good news is that My Canada Payday bypasses many of the strict requirements of traditional lenders, making payday loans in Niagara Falls accessible to more borrowers than ever!
Of course, there are still requirements (even we can’t get away with having a few rules)—but we pride ourselves on having clear and simple requirements for payday loan approval. Here’s what you’ll need in order to qualify for a payday loan in Ontario:
While we don’t require our loan applicants to have thousands of dollars nestled in their bank account, we do need you to have a solid banking history. In order to be considered for a payday loan, you’ll need to have at least 180 days of banking history (about six months, give or take).
We’ll verify the length of time you’ve maintained your bank account by asking you to submit a few screenshots from your online banking. Our My Canada Payday application is safe and secure, ensuring that your sensitive information is never compromised and only used for loan application purposes.
All applicants for payday loans in Niagara Falls must be on a regular paycheque schedule through cheques or direct deposit. It doesn’t matter whether you get paid every month, every week, or every other week—as long as you have a reliable source of income, you’ll be all set to apply! Keep in mind that first-time borrowers may be asked to show proof of a regular payment schedule through bank account screenshots, a voided cheque, or a recent pay stub. Just like with your banking history, our My Canada Payday application keeps your personal information safe (and frees you from having to fax or mail your documents).
The entire amount of income doesn't need to be only employment income either. We also consider income from other sources:
|Income Sources for Loans|
Your company pension and CPP count towards your income
ODSP is also a valid form of steady income to qualify for a payday loan
Child tax or CCB payments can be a component of your total income as well
If it sounds easy, that’s because it is—before you get a payday loan in Niagara Falls, you will need to be working and living in the local area. That’s it: short and sweet! If you are borrowing with My Canada Payday for the first time or have recently relocated, we may require you to send a recent utility bill or another proof of address in order to verify your residency.
We believe that applying for payday loans should not be complicated or time-consuming. Applying with My Canada Payday is simple, straightforward, and easy—in fact, you could apply for a payday loan during your daily commute to work, relaxing on your couch, or even while waiting for your server to bring dinner! Here’s how to apply for a payday loan in Niagara Falls with My Canada Payday:
Head to MyCanadaPayday.com and fill out our application form to get started. Because everything is available to you online, you can fill out our form at any time, day or night. All you need is a steady internet connection and 15–30 minutes of spare time. There may be some supplemental documentation that you will be asked to submit (such as a voided cheque, online banking screenshots, or a recent utility bill)—but you can submit these all through our secure My Canada Payday application. No faxing required!
Once you’ve sent your application, keep an eye on your email for a notification on whether you have been approved for a payday loan in Niagara Falls. We pride ourselves on having a speedy review and approval process for our borrowers, eliminating the stress of waiting for days or weeks at a time to hear back from a lender. We know your time is valuable (especially when emergency expenses are involved), which is why we strive to provide approval decisions on the same day that you apply. Many applicants even hear back from us in 30 minutes or less!
As soon as you sign your loan agreement, we’ll initiate the disbursement process through a secure Interac email transfer. If you are borrowing with My Canada Payday for the first time, you should be able to access your loan within one business day (in some cases even quicker, depending on your bank). Returning borrowers get even quicker access to funds, often within minutes!
Once you’ve received your payday loan, making payments is just as easy as applying for a loan! We’ll set up an automatic withdrawal from your bank account so you don’t have to worry about whether you’ll remember to pay. Plus, My Canada Payday repayment terms are flexible—you can choose to pay on your next paycheque, or wait until two paycheques from now.
If you think you might want to reschedule your payment, reach out to our customer support team for help. We’ll be happy to work with you and ensure that your payday loan in Niagara Falls is as flexible as possible!
If you live in Niagara Falls, you know all too well how easy it is to spend money in the city. Whether you want to spend the day sightseeing at the falls, eat at the Skylon Tower, or spend a night out on Clifton Hill, getting a payday loan from My Canada Payday can help you do it.
And it doesn’t stop there, either. My Canada Payday approves loans up to $1,500 and doesn’t impose strict requirements on what loans can be used for, giving you a wide range of possibilities! What could you do with a $1,500 payday loan? Here are some examples of how borrowers are using their payday loans:
Aside from the tangible benefits of payday loans in Niagara Falls, there are also some intangible advantages, too. A payday loan can be a great way to start establishing a positive borrowing history—and with regular, on-time payments, they can even boost your credit score.
That’s a big deal: loans play a big role in determining your overall credit score, but if you have had trouble maintaining a loan in the past (or if you just started establishing credit), your credit score might not be high enough to buy a car, rent an apartment, or get a mortgage. At My Canada Payday, we don’t require borrowers to have perfect credit scores. Because our loans are easier to get than a traditional bank or credit union loan, they can be a perfect opportunity to start building credit.
A payday loan in Niagara Falls has tons of benefits, even aside from the loan itself! Whether you are a first-time borrower or a returning customer, loans from My Canada Payday are designed to help you keep your monthly finances running strong. Thinking about getting a payday loan in Niagara Falls? Here are some great reasons to choose My Canada Payday:
Being stressed about paying for the urgent expenses that pop up—or during the months when you’re struggling to stay on top of bills—can be overwhelming. No one likes to feel trapped or stuck in their finances, no matter how much money they make!
That’s why My Canada Payday has designed a speedy application, approval, and disbursement process—from start to finish, we’ll never waste your time or leave you hanging. Most applications are reviewed and approved on the same day, with many getting confirmation within minutes. Because we use secure Interac email transfers to deposit funds directly into your bank account, most applicants are able to access their funds within one business day. (If you’re a returning borrower, it could be a matter of hours!)
Don’t waste time sitting around waiting for a bank or a credit union to review your application—with My Canada Payday, you’ll know as soon as possible whether you’re approved for a payday loan in Niagara Falls.
Need a little extra help covering your rent payment? Great—My Canada Payday is here for you! Have an emergency expense that came out of nowhere? Want to pay off a late utility bill, make a big payment on a credit card to save on interest, or need a little extra spending cash for your next trip across the border? Those are all great uses for our emergency loans too.
At My Canada Payday, we don’t set restrictions on what payday loans in Niagara Falls can be used for. Our loans are flexible, meaning you can use them for exactly what you need—no questions asked!
Travelling to a bank, standing in line, filling out tons of paperwork, and talking to a loan officer certainly isn’t our idea of a good time—and we’ll bet it isn’t yours, either. That’s why we’ve created a fully online application and disbursement process, making it more convenient than ever to get a payday loan in Niagara Falls! You can apply for a payday loan at any time, from anywhere—as long as you have a steady internet connection, you can fill out our application in 30 minutes or less, all without having to be in front of another person (pajamas encouraged).