Attention All Canadians Who Need Cash Fast
Since 2001, Payday Loans Canada has been matching Canadians with trusted lenders in the hopes of borrowing money quickly regardless of their past credit history.
Payday Loans Canada provides a fast and convenient online application form so there is no need to wait in long lines or even leave the comfort of your home.
How Can Payday Loans Canada Help You?
We have relationships with some of Canada’s top payday lenders. Based on the information you provide via our short, online application, we will attempt to match you with the best payday lender to suit your unique short-term needs. Common needs include:
- Making rent or mortgage payments on-time
- Emergency car repairs or towing
- Ensuring a pre-authorized payment is available
- Medical expenses your health plan won’t cover
Payday loans are a quick and easy solution, especially for those with limited resources. Bad credit shouldn’t make it impossible to get a short-term loan. Many people with excellent credit prefer a payday loan to traditional borrowing methods due to the convenience, speed, and easy repayment available only through a payday loan.
If you are concerned that you might not have enough funds to cover an automatic bill payment or emergency situation and you don’t want a long-term commitment, a payday loan might be the right solution for you. Apply today and PaydayLoansCanada.com will match you with the best lender for your short-term financial needs. Many of our partnered lenders can get you the cash you need, deposited directly into your bank account as early as today.*
To get the money you need, follow this three-step process:
Implications of Non-Payment
What happens if I can’t repay my loan on my repayment date?
The lender you are matched with will attempt to withdraw the total loan amount and fees on the repayment date agreed upon within your loan agreement. It is important to ensure the funds are available to avoid the following consequences:
Additional Fees - Your bank may charge NSF fees if the money is not available, or you could end up overdrawn which might also generate additional fees. Additionally, you may incur NSF fees from the lender which range from $20 to $58, depending on the lender and your province of residence.
Collection Practices – You may be contacted by collectors representing the lender you borrowed from. Standard collection practices include contacting you via email, phone, SMS, and mail until the amount owing is recovered.
Credit Score Implications – Some lenders report loan activity back to one or all of the major credit bureaus, including Equifax, TransUnion, and Experian. While repaying your loan on time could help improve your credit score, failure to make your payment could reduce your score, and make it difficult to obtain credit or services from companies that use these agencies, including other payday loan companies.