Payday Loans in Toronto, Ontario

Toronto, Ontario is the largest city in Canada. When you take into account the whole of Metro Toronto, it's one of the largest metropolitan areas in the world. Bordering the great lakes, Toronto is a cosmopolitan city and an international centre of finance, arts and culture. With so many things to do in this great city, its inhabitants are rarely bored but all this culture and consumption comes with a steep price tag. You can go down to W Burger Bar and find Kobe Burgers on the menu for $18.99, and average rent for a one-bedroom apartment is $2,300. With the cost of living around here, you've got to have some income.

Fortunately there are a lot of jobs available in Toronto, with unemployment hovering under 7% at the moment. Even with a steady income, paying your bills, feeding yourself, and having some cash left over for relaxation can be a stretch. When a cash crunch happens and you need money for an emergency -- flat tire, leaky roof, in-laws coming from out of town without warning -- where do you turn? My Canada Payday can provide an instant solution to your problems with our instant online payday loans in Toronto. You can finish the application and have the funds in your account in 15 minutes. You won't get quick cash like that at a bank.

Now you could head to a nearby payday loan store and stand in line, but that takes time out of your day.  Sure, Toronto is a major metropolitan area and there are more than a few payday loan storefronts available, but not a single one of them is as close to you as your computer is right now.  Going through any other credit channel is going to take some serious time.  A regular bank loan may take weeks.  Pulling money out of an RRSP not only takes a huge tax penalty, but it's just bad financial practice. Credit cards take weeks to apply for. Title loans put you at risk of losing your vehicle, and then how would you get to work?

My Canada Payday will let you stay away from all these unpleasant solutions. For the majority of minor financial problems, we can assist you. Your money can be transferred into your account in around 15 minutes.

Why Choose My Canada Payday?

• Cash transferred by Interac gets there as fast as 15 minutes
• We're a local business in the Toronto area -- you're dealing with Canadians, not a multinational.
• Absolutely no questions, we won't pry into what the cash is for. You could be using it to go shopping at St. Lawrence Market or Yonge Street, or fixing a flat tire. It's all up to you.
• Our provincial permit ensures reliability
• The loan transferred by Interac e-Transfer
• Applications approved speedily by trained personnel
• We don't require a fax. In other words, we offer 100% no fax payday loans.
• We ensure that your information is encrypted with high grade security

Getting A Payday Loan is Simple and Easy

• The application form takes about 5 minutes to complete
• Cash is deposited direct to your bank account
• Your payment is taken automatically

Be sure to look at the districts of Toronto that we serve.  No matter where you live in the GTA, we are certain that you'll find our service to be the absolute best in class for Payday Loans Toronto. We also serve other areas of Ontario such as Brampton, Kitchener, Mississauga and Ottawa.

Qualifications to Apply for Your Payday Loan

If you’ve ever tried to apply for a loan through a bank or a credit union, you know exactly how difficult it can be. You probably had to submit tons of paperwork, fill out forms, or meet strict requirements for income, debt, credit score, and even past borrowing history. With so many steps and restrictions, getting the loan you need can be tough—especially if you are a first-time borrower.

My Canada Payday is completely different. We make it easy to apply for your payday loan in Ontario by keeping our requirements simple, cutting through complications and helping more Canadians than ever get the funds they need!

Let’s take a look at what types of qualifications you’ll need to apply for a payday loan as a Toronto resident:

19 years of age

The minimum age requirement for getting a payday loan is nineteen. As long as you are 19 years of age or older, you are eligible to submit an application with My Canada Payday.

Proof of banking history

As part of our application process, we require at least 180 days of banking history. As long as you have maintained a bank account for at least six months, you’re in the clear. We’ll ask you to submit proof of banking history from the past six months through our secure My Canada Payday application—so your personal information will never be compromised.

Steady, local employment

Do you live and work in Toronto? Are you getting paid on a regular schedule? Are your paycheques automatically deposited into your account or sent via cheque? If so, then you are all set to submit your application to My Canada Payday. In most cases, you’ll be able to prove that you have steady income by sending screenshots of your bank account through our secure app. Depending on your unique financial situation, we may ask for some supplemental documentation, such as a voided cheque, recent paystubs, a utility bill, or another proof of address.

If qualifying for payday loans sounds simple, that’s because it is—our goal is to get you the money you need, without all of the unnecessary hassle that traditional lenders come with! My Canada Payday makes it easy for anyone to get the funds they need, regardless of lending experience, credit scores, or income.