Questions

How much may I borrow?
Up to $300 on your first loan and up to $1500 for each subsequent loan

How can I apply for a cash payday loan?
Apply and fill out easy and simple application form. You will be shortly contacted by one of our customer service representative. Cash will be deposited within couple hours directly in your account, once you are approved

What fees are involved?
There is a one time only fee of $20.98 for every $100 borrowed which must be paid in full upon the repayment of the loan.
This fee includes all costs of the transaction, No Hidden Fees.

What are the requirements for applying for a payday loan?

You are 18 years of age or older
Salary paid directly in your bank account
Currently employed (or receive regular income) and residing in Canada
Earn a minimum of $1,334 monthly income (after taxes/deductions)

Does the process take long?
Applications are approved instantly. Since the money is wired directly into your checking account, you can usually have access to your funds the very next day.

Will you run a credit check?
AskPayday.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.

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 your due date, you can request for another payday loan.

What if I am self employed?
Unfortunately, we do not lend to individuals that are self employed.

How long may I have the money for?
Each loan must be repaid on the day that you receive your next regular salary payment. Depending on your pay frequency, you can keep the 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.

Step 1
Fill Out Our Application Form

Step 2
Receive Email For Approval

Step 3
Receive Your Cash!

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AskPayday.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.AskPayday.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. AskPayday.ca is a free service. AskPayday.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 may qualify.