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Can I get a payday loan in another province?

Even if you're not physically there, you can apply for a payday loan online from anywhere.

When you’re facing large bills or emergency expenses, a payday loan may seem like the best fit. Payday loans are legal across Canada but the laws regulating them vary by province. You’ll need to know what the rules are if you’re planning on borrowing outside your province of residence and your alternative options for what you can do when you need quick cash.

Can I get a payday loan in a different province?

Payday loans are legal across Canada but regulations, and consequently lenders’ product offerings, differ by province. A lender may be licensed by the province to only service residents in that specific province. When you apply for a loan, the rules applied to your loan will be in accordance to the rules of the province of your permanent address.

If you were to visit a physical branch in another province other than the one where you live, they most likely would not be able to service you. This doesn’t mean that you are stuck if you travel outside your province of residence. You can apply for a loan through most lenders online and receive the funds electronically regardless of your physical location.

⚠️ Warning: Be cautious with payday loans
Payday loans are expensive. If you're experiencing financial hardship call Credit Counselling Canada for free financial counselling (Monday-Friday 8:00am-5:00pm at +1 866-398-5999). Consider alternatives instead of a payday loan:
  • Local resources. Government programs and nonprofits offer free financial services and help with food, utilities and rent.
  • Debt relief companies. There are services to help you reduce your debt payments.
  • Payment extensions. Talk with bill providers about longer payment plans or due-date extensions.
  • Side jobs. Sell unwanted items online, sign up for food delivery and more.

What are some alternatives to payday loans?

Payday loans aren’t the only option out there. If you’re unable to get one, then there may be another way to handle your short-term financial issues.

  • Installment loans

    Installment loans are another type of short-term loan that you can use for just about any expense. Unlike payday loans, an installment loan won’t be due on your next payday. Instead, you’ll have a few months or even years to pay back your principal plus interest. Because of this, installment loans are generally considered a safer option. Installment loans are still an expensive form of credit, and you should always make sure your lender is licensed to operate in your province before signing a loan agreement.

  • Credit card cash advance

    Another payday loan alternative is a credit card cash advance, where you take out cash or transfer money to your bank account directly from your credit card. You can usually get a cash advance up to a certain percentage of your credit limit. The fees you’ll pay typically run around $10 or 5% of the amount you take out, an interest rate of around 24%. Although interest on cash advances start to accrue immediately, it’s still much cheaper than the over 300% interest typical of payday loans.

  • Other alternatives

    Borrowing isn’t always the option you want to take. If you have long-term financial problems, then you should look into payday loan alternatives to find an option that can help fix common debt problems.

    A few solid options include:

    • Ask for help. Your loved ones may be more willing to help than you think. If you’re suffering from a money crisis, friends and family are usually glad to give a helping hand.
    • Negotiate with your creditors. Talk with your creditors about making repayments. You may be able to negotiate a different payment plan that makes it easier for you to afford your current debt.
    • Find credit counseling. If you’ve got some time, consider looking for credit counseling. A non-profit assistance program can work with you to get your finances under control, often free of charge.

Compare payday loan options across Canada

1 - 4 of 4
Name Product Loan Amount Loan Term Interest Rate Turnaround Time Serviced Provinces Offer
Money Mart Payday Loan
$120 - $1,500
1 - 62 days
Varies by province
As little as 1 hour after getting approved
AB, BC, MB, NS, ON, SK
To be eligible, you’ll need to be at least 18 years of age with a steady source of income and a chequing account. No credit check required.
Cash Money Payday Loan
$100 - $1,500
5 - 40 days
Varies by province
As little as 15 minutes with INTERAC e-Transfer
BC, NL, NS, ON, SK
Apply for your first $300 payday loan at a $20 cost (excludes SK applicants).
Have your banking details ready to get a loan in 2 hours. You'll need to be 18 years of age or older and have a net income of at least $1,000/month. Residents of MB and NB must apply in-store for a loan.
iCASH Payday Loan
$100 - $1,500
7 - 62 days
Varies by province
As little as 2 minutes with INTERAC e-Transfer
AB, BC, MB, NB, NS, ON, PEI
Get up to 20% in cash back once your payday loan is fully repaid. Conditions apply.
To be eligible, you'll need to be at least 19 years of age and have a net income of at least $800/month deposited into your bank account.
GoDay Payday Loan
$100 - $1,500
Up to 62 days
Varies by province
As little as 2 minutes with INTERAC e-Transfer
AB, BC, MB, NB, NS, ON, PEI, SK
To apply, you'll need to be a Canadian resident over the age of 18 with a valid email address, phone number and an open bank account with a Canadian bank or credit union.
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Compare up to 4 providers

Maximum borrowing costs per province
Always refer to your contract for exact repayment amounts and costs as they may vary from our results.
Province Maximum allowable cost of borrowing
Alberta, British Columbia, New Brunswick, Ontario & Prince Edward Island $15 per $100 borrowed
Manitoba & Saskatchewan $17 per $100 borrowed
Nova Scotia $19 per $100 borrowed
Newfoundland and Labrador $21 per $100 borrowed
Northwest Territories, Nunavut & the Yukon $60 per $100 borrowed
Quebec Limit of 35% annual interest rate (AIR)

Can I have multiple payday loans at one time?

It depends on the laws of your province. If you can take out more than one payday loan at a time in your province or territory, you’ll need to meet more stringent criteria than when you applied for your first loan. This is because a second payday loan makes you a riskier borrower since the financial burden is much greater.

See our guide on taking out multiple payday loans to learn more.

Bottom line

While you won’t be able to borrow a payday loan from a physical branch in a different province due to regulation differences and different product offerings, you aren’t out of options. You can apply online with most lenders from anywhere in Canada using your permanent address and receive your funds electronically according to your province’s rules.

Also, with a variety of alternative financing solutions out there, you can pay for whatever unexpected expense has cropped up even if you can’t take out a payday loan.

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