When you need cash right away what might you do?
Qualifying for a payday loan in Nova Scotia is simple and straightforward. In fact, it’s much easier than qualifying for a loan with a traditional lender, like a bank or a credit union! My Canada Payday believes that getting a payday loan shouldn’t mean that you have to jump through hoops. You won’t need to have a spotless credit score, thousands of dollars in your bank account, or a perfect borrowing history.
How can you qualify for a My Canada Payday loan in Nova Scotia? Here’s what you’ll need to get a payday loan with My Canada Payday:
The minimum age requirement for a payday loan in Nova Scotia is 18. As long as you can prove that you meet that minimum age requirement, you are eligible to fill out and submit an application.
As part of our application process, you will need to show that you have at least 180 days of banking history. For some applicants, we might also ask for a copy of a voided cheque, a recent pay stub, a utility bill, or a direct deposit authorization form. Of course, your application will be reviewed on an individual basis—so depending on your unique application components, you may not need to send any additional documents at all!
Before applying for a payday loan in Nova Scotia, you will need to be employed in the local area (and receiving regular paycheques from your employer). At this time, we are not accepting applicants who are self-employed or unemployed.
What about credit score? Doesn’t having a high credit score matter for a payday loan in Nova Scotia? Not when you are applying through My Canada Payday! Unlike banks and credit unions, we don’t require applicants to have picture-perfect credit scores in order to get a loan. If you are still working on building your credit, don’t worry—you can still apply for a payday loan in Nova Scotia.
We even take it one step further to ensure that payday loans are accessible for Canadians across Nova Scotia. At My Canada Payday, we don’t require each applicant’s income to fit into a specific bracket. For us, it’s more important that you are getting a steady paycheque instead of obsessing over how much each paycheque is! Easy, right?
If you need a loan quickly, payday loans are your new best friend. You won’t have to wait for weeks to see if you’ve been approved, and you won’t have to spend an entire afternoon at the bank, filling out paperwork and talking with a loan officer. Every piece of the application and disbursement process is available online through MyCanadaPayday.com, making it easier than ever to apply for a payday loan!
But how does the application process work? Here’s what you can expect when applying for a payday loan in Nova Scotia:
Our application process is 100 per cent online, 24/7, allowing you to apply for a loan whenever it is convenient for you. You can also apply right from the comfort of your own home, whether you’re binge watching your favorite show on the couch, or relaxing in bed before falling asleep.
All you need is 15–30 minutes to complete the application from start to finish and a steady internet connection. With My Canada Payday, you can say goodbye to the hassle of standing in line at the bank and filling out tons of paperwork!
Once we review your application, we’ll send an email to let you know whether you’ve been approved. We pride ourselves on a fast approval process—in fact, most borrowers get their email notification within 30 minutes or less!
If you’re approved for a payday loan in Nova Scotia, we’ll send your loan terms over to you for review and approval via email. After you’ve agreed to your terms (your interest rate and payment dates), we’ll disperse your funds directly into your bank account through a secure Interac email transfer. First-time borrowers can access their funds within one business day. Recurring borrowers get access to their funds even sooner—sometimes within minutes of approval!
You can make payments on your loan through the same secure, automatic transfer that we use to disperse your funds (which is especially good if you don’t want to go through the hassle of manually scheduling payments).
Payday loans in Nova Scotia are designed to be paid back when you receive your next paycheque. When you borrow with My Canada Payday, you can choose to pay back your loan on your next paycheque or two paycheques from now. We love staying flexible and setting our borrowers up for success, from start to finish!
Thinking about applying for a payday loan in Nova Scotia, but aren’t sure where to begin? Our FAQs are a great place to start! If you want to learn more about the process, you can see our full list of FAQs here. For an overview of the most common questions from first-time borrowers about getting a payday loan in Nova Scotia, take a look at the list below.
At My Canada Payday, the loan application is designed to be as efficient as possible—we know your time is valuable, and we won’t waste it! Most applicants complete their application in 30 minutes or less. If you’re a fast typer, you can finish your application in as little as 15 minutes!
You’ll get your loan as soon as possible—and depending on your application materials, that could be anywhere between one business day and a matter of minutes! Our payday loans have incredibly quick approval and disbursement times (even for first-time borrowers). Once approved, first-time borrowers can access their loan within one business day; returning borrowers can get their funds within minutes!
In order to submit an application and be considered for a payday loan in Nova Scotia, you will need to meet a few simple requirements. These include:
At My Canada Payday, we put our borrowers’ needs first. We want to help you build a strong foundation and establish good financial health, which means we offer flexible repayment terms. If you need to wait until two paycheques from now to repay your loan, simply get a hold of our customer support team!
There are plenty of different ways to contact My Canada Payday! You can email us at email@example.com, call us at 604-630-4783, or send us a message directly through our contact form. And we always have someone available to answer your questions: our customer support team is available Monday through Friday, weekends, and holidays.