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

Unsecured Loans For People With Bad Credit

Questions And Answers Related Unsecured Loans For People With Bad Credit

Picture of Unsecured Loans For People With Bad Credit - Get Cash Instantly!Getting a loan while running on low credit is a nightmare in some countries, however if you experience this problem and you are in Canada, you can easily get loaned. There are several reasons that lead to unfavorable credit management practices. Some people just find themselves hard hit and they have nothing to spend. They are either unable to pay their bills or cater for their basic needs. These are some of the common features that would make one directly go for a loan. This is the reason why you need to get unsecured loans for people with bad credit. Unsecured loans are the ones given to you without giving a certain asset to be attached to it. You can get this loan service from quite a number of loan lending companies within your region. You could find yourself having a bad credit history because of the following factors:

Factors Contributing To Borrowing Of Unsecured Loans For People With Bad Credit

Divorce:
If you get divorced, you are likely to share property; this eventually leaves you without enough cash for sustainability. If you were paying some bills together in the same house, you will find that the bills have doubled. This eventually leads to bad credit history.

Bankruptcy:
Most people find themselves declared bankrupt because they either defaulted paying their loans or have completely failed to honor their financial obligations. When you are in this position, you might need to get loaned to enable you get back to a favorable financial position.

Unemployment:
Loosing a job or being unemployed is one of the leading factors that could make one to borrow heavily from friends or financial institutions. If you fail to pay back accumulated debts, you could eventually find yourself in undesirable financial position.

When seeking for unsecured loans for people with bad credit, you might need to understand a few things. This can be well understood when you consider common questions that loan applicants grapple with. Below are a few questions and answers that will help you understand how these types of loans works.

  • New applicants, how much should they apply for?
    This varies from one company to another. It also depends with the basis of your loan. For instance if you are going the unsecured loan, you might only be allowed to apply for an amount between 150 dollars to 10500 dollars.
  • With a bad credit history, should one still apply for the loan?
    Having a bad credit history should not stop you from applying for this type of loan. As long as you can proof that you can pay back the loan, you have a chance of applying and getting approved for the loan. In this case you will provide a particular asset as your security.
  • Are the loans instant?
    You can be assured of getting the loan as soon as they are approved; however, the approval time varies from one lending company to another. Those who make application as per the laid down requirements get them approved within 24 hours.
  • How much is the interest rate?
    When applying for these unsecured loans for people with bad credit, most people want to know how much they would be charged in terms of interest. This again depends with the company that you are applying from. Generally, these types of loans have a higher interest charge as compared to other type of loans. Therefore when making you application you should beware of this fact.

In review of the afore mentioned facts, it is easy to point out that one can apply and get a loan whether he is on good or bad credit score. It might only need them to proof that they have capability of paying. Apply for your loan regardless of your current situation.