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

Small Loans For People With Bad Credit

How To Get Small Loans For People With Bad Credit

Picture of Small Loans For People With Bad Credit - Get Cash Instantly!If you have been going through a bankruptcy situation or you have been experiencing low credit rating, you need to find ways of getting yourself out of it. Apparently when faced with such demeaning situations, it even becomes worse to get a loan from money lending companies. Most people find themselves in situations when they need to borrow a loan from any money lending companies but they cannot do it because they have a bad credit score. Regardless of this, there are still many companies that can still lend you the money. If you have a bad credit background and you need to get a loan, you need to find a good money lending company to offer loan services. This will need you to make relevant searches on the internet. In this case, you might just need to get a money lending company that offers small loans for people with bad credit.

There are very many reasons that would make someone to go for small loans for people with bad credit. Research has shown that people go for this type of loans when faced minor problems that need urgent financial aid. You might be forced to get a small loan when you find yourself in the flowing situations;
You can seek for this type of loan when you need to clear medical bills. This could be as result of accidents or any other unforeseen circumstances.

  • Some people seek for the small loans so that they can be able to cater for their college fees. This happens at a time when you have no other means of clearing your fees.
  • One other thing that would make you seek for instant loans is when you need to make repairs to your home or car. You will need to do the repairs especially after damages caused by natural calamities.

The reasons that would make someone get small loans for people with bad credit are uncountable. They vary from one person to another. Nevertheless, you need to consider your financial needs and financial position to asses if you really need this type of loans. There are two categories of loans that can apply when seeking for small loans. You can either get a secured loan or unsecured loan.

Types Of Loans You Will Get When Seeking For Small Loans For People With Bad Credit

 

  • Unsecured loan
    You can get unsecured loan from your money lending company if you are not asked to provide an asset as cover up for your loan. This means that your salary would be used as the main security attached to your loan. It also implies that for one to get unsecured loans, he should be employed and be earning a good salary. The loan applicants will need to proof that they are employed and have been earning a substantial salary for them to get this type of loan. When applying for this loan, the applicant needs to provide supporting evidence to the loan panel officers for their application to be approved.
  • Secured loans
    People seeking for small loans can also request for secured loans. A secured loan is one in which the applicant is asked to offer a particular asset to be attached to it for security purposes. In case an applicant fails to pay the loan, the asset would be disposed off then the cash used in recovery of the loan. Most loan lending companies are willing to offer you a secured loan if you have valuable assets. Your bad credit history will not be considered in this case. It is also easier to make an application for this type of loan and because they get instant approval. The loans have small interest rate as compared to the unsecured ones.