Cash Money Payday Loan
Borrow from $100
- Simple application process
- Fast turnaround time
- Extended business hours
Updated . What changed?
If you’re in need of some cash but have a poor credit score, you may be able to get a direct short term loan. Also known as a payday loan, these loans are handy when a traditional lender, like a bank, will not give you a loan because you have a bad credit history. There are loan-matching services available that can connect you with multiple lenders, but if you’re in a hurry to get some money, it might be easier for you to go directly through the lender rather than through a matching service.
A direct payday lender, or short-term loan provider, is a lender that directly provides small-dollar loans, rather than working with an outside company. This means that your information stays in one place, but you won’t get a chance to shop around and compare your options.
These direct payday loan lenders offers small-dollar loans that are typically due between 14 and 30 days, typically for a flat fee of around $15-$35 for ever $100 borrowed depending on provincial regulations.
Check the websites of any lenders you’re interested in to confirm they operate in your province or territory of residence.
|Province||Maximum allowable cost of borrowing|
|Alberta||$15 per $100 borrowed|
|British Columbia||$15 per $100 borrowed|
|Manitoba||$17 per $100 borrowed|
|New Brunswick||$15 per $100 borrowed|
|Newfoundland and Labrador||$21 per $100 borrowed|
|Northwest Territories, Nunavut & the Yukon||$60 per $100 borrowed|
|Nova Scotia||$19 per $100 borrowed|
|Ontario||$15 per $100 borrowed|
|Prince Edward Island||$25 per $100 borrowed|
|Quebec||Limit of 35% annual interest rate (AIR)|
|Saskatchewan||$17 per $100 borrowed|
Depending on the lender you select, you can apply online or in-store, and the application should only take a few minutes to complete. Most lenders process applications quickly and let you know if you’ve been approved soon after. Once you sign the contract, you typically have to repay the loan along with all applicable fees by your next payday.
Online applicants can get their money transferred electronically into their bank account, and in-store applicants can collect their approved funds in person shortly after approval.
Keep in mind that payday loan regulations are not the same in every province. Some aspects that can vary include the maximum amount you can borrow, the term and whether or not you can extend your loan.
Not all direct short-term loan lenders are the same. Pay attention to these points while comparing lenders:
You might want to use a direct short-term lender in the following situations:
Applications can easily be completed and submitted online. In order to secure a loan, you will typically need to meet the following requirements:
If all of the requirements are met, there are just a few steps to apply:
Want to get top rates on your car loan? Compare lenders using this online car loan broker.
Want to find the best rates for your next personal loan? Compare lenders with this well-known online platform.
This guide presents everything you need to know about starting a dog-walking business in Canada.
Set up a successful window cleaning business in Canada using our guide.
This step-by-step guide reveals what you need to know about launching a gardening business.
Setting up a photography business isn’t as complicated as it sounds. We’ll show you the steps you need to take.
We’ll show you how to start a cleaning business – from picking a business structure to creating a business plan and marketing your services.
From registration and business structures to insurance and marketing – we’ll show you how to get your home daycare business up and running.
Even if you don’t have a lot of cash upfront, there are still ways to meet startup business expenses.
Do you need a bad credit car loan? Enjoy decreasing interest rates every year that you make on-time payments with this reputable lender.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.