Payday loan was introduced to subprime credit market some time in 1998. Canadian payday loan industry has grown substantially in the last 5 years as demand for instant online payday loans has been growing since then. Competition between payday loan companies is fierce and a lot of lenders use the following slogans to advertise their companies: payday loan instant, faxless payday loan, quick payday loan, bad credit payday loan. Online payday loan industry is different from store front and a lot of store front companies do not offer online payday loan services.
Applying for a payday loan over the internet is save and easy
One can say that it is easier to apply for a payday loan online on the other hand people that are not familiar with internet would rather prefer going to a brick and mortar store. No matter how you look at it, payday loan companies provide much needed service to consumers that are unable to get a small loan to cover their unexpected expenses somewhere else.
Mr. Payday has been in payday lending business since 2002. The company is a licensed payday loan lender and has established itself as a leader in online payday loan industry. Applying for a payday loan over the internet is save and easy and it usually takes only 30 minutes to get the funds as long as you have your bank account with a major bank. If you need cash fast Mr. Payday can help!