How much cash may I borrow?
AdvancesPaydayLoan.ca matches consumers with responsible lenders. Maximum loan amounts vary depending on the lender. Loans range from $300 to $1,500. It is important to note that loan limits could be increased at the lender’s discretion after repayment of previous loans.

Will you run a credit check?
AdvancesPaydayloan.ca may need to verify some information with several national data bases including TransUnion. It is still possible to be approved with a bad credit score, or no credit score at all.

How can I apply for a payday loan?
Simply fill out the quick online application at AdvancesPaydayLoan.ca. Once the application form has been submitted, you will receive notification. If approved, our lending partner will deposited the loan directly into your chequing account.

What fees are involved?
AdvancesPaydayLoan.ca is a free service that matches consumers with responsible lenders. There is no fee to apply for a payday loan, however lenders charge a flat fee for borrowing money. Fees vary by lender. Representative examples can be found on the Rates page.

What are the requirements for applying for a payday loan?

• Must be at least 18 years old
• Must have regular employment with direct deposit
• Must have a valid chequing account
• Must be a resident of Canada

Does the loaning process take long?
Customers will receive notice if approved shortly after applying. Since the money is deposited directly into your chequing account, it is a very fast process.

May I request more than one payday loan at a time?
No. Only one payday loan can be outstanding at any given time, however, after repaying your loan on or before your due date, you may request another payday loan.

What if I am self employed?
Unfortunately, our lending partners do not lend to individuals that are self-employed.

For how long may I have the money?
Each payday loan must be repaid on the day that you receive your next regular work paycheque. Depending on your pay frequency, you can keep the payday loan for up to a maximum of 15 days.

I applied for bankruptcy. Can I still apply for a loan?
Yes. This will not affect your eligibility for a loan. We are here to help you with your short term financial needs. If you are looking for a long term financial solution a payday loan might not be for you.

AdvancesPaydayLoan.ca is not a lending or banking institution. It does not broker loans to lending institutions. The personal information you provide will be provided to a third party lender to provide you with a loan application and the potential to receive a loan. AdvancesPaydayLoan.ca makes no guarantees or warranties with regards to the availability of a loan or any other aspect of the terms and conditions of the lending institution. AdvancesPaydayLoan.ca is a free service. AdvancesPaydayLoan.ca may receive a commission from any lenders we introduce you to. For details, questions, or concerns regarding your loan, please contact the lending institution directly. Not all lenders can provide up to $1500. Cash transfer time may vary between lenders. We assume no responsibility for the services or information you may receive from the lender. All loans are subject to credit approval. Certain limitations apply. Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counselling or debt advice. Disclaimer: As a condition of extending credit, some lenders you may be matched with may run a credit check from a major credit reporting bureau. 

Terms and Conditions apply. Fees displayed are typical but cannot be guaranteed. Your actual rates may vary based on your circumstances and the lender we select. 

Alberta: Representative APR (Annual Percentage Rate of charge): Representative example: Borrow $300 for 14 days. The total charge for credit is $68.94. Interest is fixed at a rate of $22.98 per $100 loan equivalent to an annual rate of 599.12% fixed. The total repayable is $368.94. Representative APR 599.12%. The APR includes important factors such as the interest rate you must pay; how you repay the loan; the length of the loan agreement (or term); frequency and timing of installment payments; and amount of each payment. 

Ontario: Representative APR (Annual Percentage Rate of charge): Representative example: Borrow $300 for 14 days. The total charge for credit is $62.94. Interest is fixed at a rate of $20.98 per $100 loan equivalent to an annual rate of 546.98% fixed. The total repayable is $362.94. Representative APR 546.98%. The APR includes important factors such as the interest rate you must pay; how you repay the loan; the length of the loan agreement (or term); frequency and timing of installment payments; and amount of each payment. 

* Subject to approval times and lender's own policies. In most cases, funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases. Loan amounts are based on consumers credit history and ability to repay loan. Not everyone will qualify.

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