GET UP TO $1,500! APPLY NOW!

GET CASH IN AS LITTLE AS 30 MINUTES*

When you are in need of quick cash, Mr. Payday has got you covered! We have been helping canadians with their short term loan needs since 2002.

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How Our Loan Process Works

Apply Online

Applying for a loan with Mr. Payday is easy and fast. Fill out our simple and secure application form.

Get Approved

It usually takes about 30 minutes to get approved for a payday loan during our business hours.

Instant Funding

Once your loan application is approved, you will receive an e-mail money transfer withing 30 minutes.

What Our Customers Have To Say

Excellent customer service
Excellent customer service
Customer
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Excellent customer service! Easy application and approval. Highly recommend.
Excellent service
Excellent service
Customer
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Excellent service. Pretty easy and quick!!
Fast
Fast
Kris D
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Fast, easy and no nonsense. Best loan experience of mine to date. Thanks for helping out Mr. PAYDAY.
Quick and easy service
Quick and easy service
Customer
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Quick and easy service! Would definitely recommend!
Customer service was quick and awesome…
Customer service was quick and awesome…
Customer
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Customer service was quick and awesome to deal with. There wasn’t the back and forth hassle, and everything was handled in a timely matter. Great job on efficiency, well done all. Thanks
Very accommodating and fast!!
Very accommodating and fast!!
Customer
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Very accommodating and fast!!! and super easy!
The agent I spoke to was patient and…
The agent I spoke to was patient and…
Customer
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The agent I spoke to was patient and made the whole process very easy.
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
Excellent service
Excellent service
Customer
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Excellent service. Fast and helpful. Easy to fill application. It was fast and easy
Very fast approval
Very fast approval
Andrew S.
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Very fast approval and very easy to deal with staff.
Easy to deal with super simple proccess
Easy to deal with super simple proccess
Levon James
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Easy to deal with super simple proccess
Super fast and friendly
Super fast and friendly
Cory Thompson
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Super fast and friendly. Exceeded my expectations.
Friendly and fast
Friendly and fast
Customer
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Mr. Payday was there for me when everyone else said no. From their pov I may be considered a risk. I'm grateful they reached out with an offer.
Was easy to fill in the application and…
Was easy to fill in the application and…
Marg
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Was easy to fill in the application and was quick to receive the funds.
Happy Customer!
Happy Customer!
Mark
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Been dealing with Mr. Payday for a couple years now. Always friendly service, quick, and well worth my time!
Easy
Easy
Customer
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Easy, fast and user friendly application process. Thank you Mr. Payday
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Why Get A Loan From Mr. Payday?

Trusted Lender

Mr. Payday has been in business since 2002

Same Day Funding

Do not wait. Get money the same day you get approved for a loan

Superb Service

We are here to help. Give us a call or send us an email

No Faxing Required

We use instant online validation. No faxing or emailing required

High Approval Rate

We have personalized approach to every loan application

Easy Application

Our online application only takes 5 minutes to complete

Bad Credit Personal Loan

The Process of Acquiring a Bad Credit Personal Loan

A bad credit personal loan is one kind of loans that are issued out to individuals who have a low credit rating maybe because they failed to pay back a loan they acquired in the past, or they delayed in repaying back the loan as per their agreement with the loan lender. However, according to many loan lenders, this cannot be used to judge the loan borrower as someone who is incapable of repaying back borrowed loans, that is why these people are still eligible to get a loan for their own financial needs. If you are in need of a personal loan for instance and you already have a bad credit, there is a way you can approach your loan lender in order to convince him that you are actually a good person and you can repay back a loan.

Steps to take when applying for bad credit personal loan

Picture of Bad Credit Personal Loan - Bad Credit-No Problem!The first thing you need to do is to look for a loan lender who is dealing with these kinds of loans. Specify your search for the bad credit personal loan in order to get one who is able to help you in your credit situation. You could start with your regular bank, because many banks these days are dealing with these kinds of loans and they are places you can trust to get a good loan with good repayments terms. From the banks, you can try out the credit unions in your area then online, since there are lenders who still operate online and they deal with these kinds of loans.
Do not always limit your search in one place. Gathering as many loan lenders as possible will benefit you so much because you can compare their loans and choose the best one to go with as per your needs. Do not always rush into signing deals with loan lenders before you know how their repayments terms are, and the rate at which they are charging you for the loan. Another thing to note is that there are needs that can wait until you repair your credit situation in order to get a loan with better terms than the bad credit loan. If these are the kinds of needs that you want to meet with a bad credit personal loan, then it is better to wait until your credit is repaired.
If your need is of an urgent nature, then you can proceed to choosing the best loan lender and opting to meet them in person in order to prove that you are actually a good person and you can repay back the loan. This is only possible though if you are dealing with an offline lender. You need to fill out all the application forms in the best way possible and then present all the other documents that are needed for the loan to be processed. All these things need to be done with so much care in order to impress the loan lender.
The reason why you need to impress the loan lender is in order for the loan lender to have another better opinion about you since the only opinion they have is that of a person with a bad credit, and you do not want this one to last forever. If you manage to impress the loan lender, they will in no doubt issue out the loan to you in the best terms possible because they will trust your repayment ability. This is the kind of impression that you need in order for the loan lender to feel at ease when they are issuing out the loan to you.