How it Works

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It only takes a few minutes to get a payday loan with us. First off, fill out the application form. We'll need your basic details, including name, birthdate, address, and the amount you want to borrow.

AGREE

Your application will be analyzed and approved or denied right away. Once you're approved, we send you a contract which you digitally sign and that's it.

MONEY

Finally, you'll get the funds via Interac e-Transfer within 15 minutes. You can accept the contract 24 hours a day.

Cash Advances

A cash advance loan is a loan where you borrow against your paycheck, and you agree to pay back the loan on your next payday. This is a lot more convenient than borrowing from a bank where you might be asked to put up some kind of collateral or go through an exhaustive application process.

You might be able to ask your boss for a cash advance. If that's not an option, fill out our convenient application form and we'll see what we can do help you out. Our entire process is online and electronic, so we can have an answer for you almost immediately. The qualifications are simple:

be 19 or older
have a steady job or a pension
earn $1000/month or more
live in one of these provinces
- Alberta payday loans - open 24/7 to deliver funds
- BC payday loans - home of our head office
- Saskatchewan payday loans - the fastest way to get a loan in Saskatchewan
- Manitoba payday loans - borrow in under 15 minutes
- Ontario payday loans - ideal for emergency situations in Ontario
- Nova Scotia payday loans - get a loan in Nova Scotia today

Next we'll send you a contract where you can fill in your digital signature and accept the terms and conditions. The funds will arrive in your email in minutes. That's even more convenient than cash! You can use the funds from your bank account immediately to pay bills, buy groceries, or whatever you need.

Why My Canada Payday?

Bad credit isn't an issue. We look at many data points to decide whether we can offer a loan. Many people with bad credit or even no credit at all can still be eligible for a cash advance loan with My Canada Payday. We know that everyone has a different financial situation but we are flexible in ways that the big banks can't be. That lets us find ways to creatively assess borrowers' financials that traditional lenders would immediately deny. You can also check out our payday loan timeline to learn more.

Not only do we have more flexible criteria, we are much faster than other lenders. Since we are operating 24/7, you can accept the loan contract whenever it is convenient for you. Our systems will automatically process your agreement and send the funds out, even at 2am in the morning. Try talking to your banker at 2am to get an emergency loan. That's only one way that My Canada Payday distinguishes themselves from other lenders. It goes without saying that we provide same day loans.

We are also committed to being ethical and transparent lenders. We are licensed by the provincial government, and we are members of the Canadian Consumer Finance Association. We ensure that all our applications are easy to understand, we never charge hidden fees or surprise charges, and we are very understanding when it comes to rescheduling payments. Bottom line, we're a proven choice for same day loans in Canada.