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

Loans for Bad Credit Rating

Increasing Your Chances of Loans for Bad Credit Rating

With the twists and turns of the economy today among many other factors, most people face many financial challenges which in some occasions land them in bad credit situations. Having poor credit scores often becomes a big setback when it comes to receiving financial aid for many traditional financial institutions normally are too shy dealing with you in such a financial state. As a result ones only hope becomes going for bad credit loans. The resulting demand of loans for bad credit rating in turn makes it quite tricky to receive them as lenders continue being more choosy in picking whom to give by the day. Therefore the need to know how to increase ones chances of receiving bad credit loans when with bad credit records becomes inevitable.

Loans For Bad Credit Rating Within Your Reach

Picture of Loans For Bad Credit Rating - Get Cash Instantly!Due to the risk taken in giving you money at your current unstable financial status; most lenders more often than not will ensure that the loan is attached to some kind of collateral. Take a closer look at most loans for bad credit rating and you will discover that they are often secured loans. The main reason behind this is the lender wants to ensure that his funds are secured and he will not lose them if you by bad luck happen to fail to meet the repayment plan. Hence many people with very bad credit ratings who have collateral that can be used in a bad credit loan arrangement usually are given the first priority by lenders than those who do not have any assets to act as collateral. Having collateral therefore is important and puts you in a much better position of receiving bad credit loans.

A good number of people on bad credit may not have the needed collateral to enable them receive bad credit loans. To such people, considering looking for a consigner can be a pretty good idea. A consigner is someone who vouches for you and guarantees that if you do not meet your payments as agreed between you and the lender, he will be liable for honoring the repayment amount you are supposed to meet. The ideal person to select as a consigner should therefore be one whose credit scores are very high. Consigners just like having collateral, make lenders feel much safer giving loans for bad credit rating to a person with bad credit because of the surety that they will not lose their money. Thus it becomes easier receiving a bad credit loan when you have a consigner.

Looking for employment is also a good idea if you actually intend to stand better chances of being giving bad credit loans. For instance, loans like installment bad credit loans or payday bad credit loans; are just a few examples of loans for people with bad credit that require the applicant to be on regular employment. The thing is, being on employment gives a high surety that repayment won’t be a problem because most lenders do not just want to give you the loan but would like to ensure that the loan becomes of help to the borrower and not another financial draw back. In many occasions the lenders will specifically require the applicant to be earning at least $1000 to be eligible for such loans for bad credit rating.

Nevertheless, quite a number of lenders when giving out some bad credit loans prefer doing a credit check to confirm the credit status of the particular consumer they are dealing with. For consumers with very poor credit scores, high interest rates are awarded to the loan for security purposes. Therefore, to stand a better borrowing position, do your best to at least improve your credit scores a little so that you may outshine other applicants for loans for bad credit rating.

Finally, it pays to ensure that you are as much knowledgeable about loans for bad credit rating as possible because the more you know the better decisions you can make when going for them. This way you will be able to make comparisons and win over the best loan offers from the most reliable lenders.