Payday Loans Ontario

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 to get a Payday Loan in Ontario

How to get a Payday Loan in Ontario

Application Form

Take five minutes to fill in the application form and send over your banking details.

Wait For Acceptance

Our system will analyze your application and generate a result. If you pass, you'll get a contract that you can digitally sign.

Deposit The Transfer

It only takes a few minutes to deposit the e-Transfer. If you have auto-deposit set up with your bank, it'll be even faster.

Online Payday Loans in Ontario

My Canada Payday is the number one online lender in Ontario.  We're also Canadian owned and operated with offices in Ontario, British Columbia and Nova Scotia.

If you need cash right now, and waiting for your next payroll isn't an option, what can you do?  Here are a few options:

  • Look into making use of a post-dated cheque
  • You may speak to your boss about for an early paycheque
  • Talk to the bank to apply for some credit
  • You could consider asking friends and family
  • You can clear out an RRSP and suffer a considerable fee

These options may not be suitable for your unique situation though, which can be a problem. Quick cash is generally something that is harder to find. You’d rather not bother people, asking them to borrow cash because this can make you feel embarrassed.

Instead, stop stressing.  There is another option. Because we're an online lender, you can get a loan with My Canada Payday no matter what part of Ontario you live in.  We are online so if you want a payday loan in Toronto we can help, just like we can if you need a loan in Thunder Bay. Just as long as you are employed, you qualify for a loan with us.  The entire process of filling out the application form should take less than five minutes.  The whole application and approval process should take less than 30 minutes.

This means quick cash when it is needed and no stressing over where you’re going to get the cash that you need quickly.

Why apply for a payday loan over other loan or credit options?

  • You can pay for daily house expenses, bills, mortgage or car payments, groceries, and more
  • You can use the loan to pay for home or car repairs
  • You can go on vacation when you use the loans
  • You can use the loan to pay for a party or event that is being held
  • You can use the loan for a holiday advance during the holidays

Many people choose payday loans over other lines of credit because they do not require the borrower to have a high credit score. As mentioned above, you only need a job to pay back the amount that you borrowed.

Why borrow with My Canada Payday?

  • Fast application processing in a hurry
  • Our staff are speedy and professional
  • We are provincially licensed (lending license #4721539)
  • Faxless approval
  • High level encryption protects all your personal details
  • Interac transfer is nearly instantaneous

Our simple process provides you with all of these benefits, and so many more!

  • You don't have to get out of the house to submit an application
  • Your bank account receives the loan directly
  • We will process the application form within minutes
  • On the upcoming payday, your funds will be taken out of your account to pay back the loan
  • We are open 24 hours a day, 7 days a week, so you always get the cash you need, whenever you need it
  • We offer affordable fees depending on the amount that you borrow

We recommend that everyone borrows responsibly.

  • Always borrow within your means, no more than you can afford to pay back
  • Never borrow money under your name for someone else
  • Always make sure to borrow only what you need
  • Repay the loan on time, every time you borrow
  • Do not take out more than one loan at a time
  • Know who you are borrowing from, so you get the best possible loan terms and rates

You may need a loan for a variety of urgent reasons, why wait? Start your application today. If you have any questions or want to know more about My Canada Payday, please contact us.

For information on the rules and regulations, check here.

Frequently Asked Questions about Payday Loans Ontario

Our customers frequently need answers about Ontario payday loans. We've collected some of the most common ones here, to save you time and help you get a loan as fast as possible.

Q: What are the requirements for getting an Ontario payday loan?

The main requirements are straightforward:

  1. $1000 per month in income.
  2. 19 years of age or older.
  3. You must live in Ontario.
  4. You must have a bank account with online banking turned on.
  5. You must have some form of regular income, such as a job or a pension.

Q: Can I get an Ontario payday loan with bad credit?

Yes, you absolutely can. Having bad credit won't prevent you from getting a loan. We are much more concerned with whether you have regular income today, and we are less concerned with what you were doing years ago.

Q: Can I get an Ontario payday loan with no credit?

Unlike normal banks, we don't require that you have an extensive credit history. It's a kind of catch-22 that banks put people in, demanding they have credit before giving credit -- we don't operate that way, we really just need to know that you've got some regular income in order to give you a no credit payday loan.

Q: Can I get a payday loan in Ontario on the weekend?

For sure, unlike banks we are always open 7 days a week including holidays. Being open is pretty much the number one job when it comes to customer service.

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.