Mr. Payday is an online payday loan provider established in 2002, headquartered in Vancouver, offering quick financial assistance with loans ranging from $100 to $1500.
Canadian citizens or permanent residents who are 19+ in BC and 18+ in ON and AB, with a minimum monthly income of $1,200, can apply.
No, we don’t conduct credit checks. We accept applicants with bad credit, no credit, and past bankruptcies.
We charge $15 per $100 borrowed.
You can borrow from $100 to $1500, subject to our assessment and provincial regulations.
No, you don’t need to provide any collateral for a payday loan with us.
Your income must be at least $1,200/month from sources like employment, EI, Worker’s Compensation, CPP, Child Tax, or Private Disability.
You can apply online 24/7 through our easy, entirely digitized application process.
Applications are typically processed within an hour during business hours.
Once approved, you’ll generally receive the funds via email money transfer within 30 minutes.
Repayment is automatically debited from your bank account on your next payday.
NSF charges are $25 in Alberta and Ontario, and $20 in British Columbia.
We report delinquency to the credit bureau and may take legal action to collect the debt.
The interest rates are capped at $15 per $100 borrowed, as per provincial regulations.
You can track your application’s progress through your personal customer page on our website.
The loan limit is set as per provincial and federal regulations, up to $1,500 or 50% of your paycheque, whichever is less.