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Get a $100 loan fast in Canada

Apply online and get instant approval and funding on a $100 loan.


Bree Early Pay

Bree Early Pay logo
  • Borrow up to $350
  • 0% interest, $2.99/month fee
  • No credit check
Go to site

If you don’t have a good credit score or you need to take out a $100 loan fast, a payday loan or cash advance is an option. It’s easy to complete the process online by providing basic information. In most cases, you’ll receive your $100 loan within a few minutes after approval.

To help, use this guide. It covers online lenders offering $100 loans in Canada plus tells you what you need to know before applying.

Compare $100 loans online

Get a $100 loan instantly by downloading the app or going to the website of one of the cash advance providers below.

LenderLoan detailsEligibility requirementsServiced provinces

Credit Line

  • Loan amount: $30 – $150
  • Loan term: 30 days, extendable
  • Interest rate: 0% interest and no fees to access credit, optional $11.99/month membership for premium services like instant funding

No credit check required, web app and iOS app available

You must be 18 years or older, have an active bank account with minimal NSF transactions and satisfy income requirements.All provinces and territoriesGo to site


Cash Advance

  • Loan amount: $20 – $250
  • Loan term: Flexible
  • Interest rate: subscription fee starting at $2/month

No credit check required, web app, Android app and iOS app available

KOHO account – access higher loan amounts over time by using KOHO for everyday spending, repaying your monthly fees and using its other servicesAll provinces and territoriesGo to site

Early Pay

  • Loan amount: $20 – $350
  • Loan term: Next pay cycle (61 days max.)
  • Interest rate: 0% interest for cash advances but a $2.99 monthly membership fee applies, fee for express funding (varies based on advance)

No credit check required, web app available

You must be 18 years or older, a Canadian resident and have a Canadian bank account that receives regular income.All provinces and territoriesGo to site
⚠️ Warning: Be cautious with payday loans
High-cost payday loans are unsustainable for borrowing over a continued period of time and are expensive as a means of longer-term borrowing. View payday costs and regulations by province here. 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). You may also want to consider payday loan alternatives.

Compare $100 payday loans

Payday loans have easy requirements and you can get one 24/7, but they have extremely high rates, so only apply as a last resort.

LenderLoan detailsEligibility requirementsServiced provinces

Payday Loan

  • Loan amount: $100 – $1,500
  • Loan term: 7 – 62 days
  • Interest rate: Varies by province
Min. $800 income monthlyAB, BC, MB, NB, NS, ON, PEIGo to site

Payday Loan

  • Loan amount: $100 – $1,500
  • Loan term: 1 – 62 days
  • Interest rate: Varies by province
Steady incomeAB, BC, MB, NB, NS, ON, PEI, SK

Payday Loan

  • Loan amount: $100 – $1,500
  • Loan term: 7 – 62 days
  • Interest rate: Varies by province
Min. $1,600 monthly incomeBC, ONGo to site

Cash MoneyPayday Loan

  • Loan amount: $100 – $1,500
  • Loan term: 5 – 40 days
  • Interest rate: Varies by province
Steady income, Min. 525 credit scoreBC, MB, NL, NS, ON, SK
My Canada Payday

Payday Loan

  • Loan amount: $100 – $1,500
  • Loan term: – days
  • Interest rate: Varies by province
Funds will be sent in as little as 15 minutes via Interac e-TransferAB, BC, MB, NS, ON, SK

Maximum borrowing costs of payday loans per province
Always refer to your contract for exact repayment amounts and costs.
Province Max. cost of borrowing a $100 payday loan Cooling off period to cancel loan Max. penalty for returned cheque or pre-authorized debit
Alberta $15 2 business days $25
British Columbia $15 2 business days $20
Manitoba $17 48 hours excluding Sundays and holidays $20
New Brunswick $15 48 hours excluding Sundays and holidays $20
Newfoundland and Labrador $14 2 business days $20
Nova Scotia $15 Next business day (2 days for online loans) $40 (default penalty)
Ontario $15 2 business days $25
Prince Edward Island $15 2 business days N/A
Quebec Limit of 35% AIR N/A N/A
Saskatchewan $17 Next business day $25

Can you get a guaranteed $100 loan in Canada?

It’s not possible to get a guaranteed $100 loan in Canada because legitimate lenders need to review your finances before approving. However, it is possible to get easy approval even when your financial situation isn’t the best. For instance, the lenders above offer flexible eligibility criteria. As long as you have a steady income, whether that’s from employment, government benefits, a private pension or other sources, you could get approved for a $100 loan.

Also, $100 is considered a small loan, so lenders can be more lenient with their approvals.

Where can I borrow $100 instantly?

You can borrow $100 instantly from payday lenders like Cash Money and cash advance lenders like Nyble. To get instant approval, connect your bank account via bank verification. This allows lenders to quickly verify your income and identity without needing any paperwork from you.

To get instant funding, your bank account must be registered for Interac e-Transfer, which is faster than direct deposit.

Get a $100 cash advance in Canada through the app

Lenders like iCash and Cash Money offer apps where you can get a $100 payday loan instantly. These Canadian apps allow you to fill out an application, get approval for the $100 cash advance and arrange to have the money transferred to your account all from your phone. You can learn more about payday loan apps in our full guide here.

Can I get a $100 loan with no credit check?

Yes, you can get a $100 loan with no credit check from cash advance apps like Nyble and Bree. These apps let you borrow small amounts, like $100, at 0% interest without the need for a credit check.

You may have to pay a small fee for the app or for express loan delivery, but getting a no-credit-check $100 loan from cash advance apps like these is still much cheaper than getting a payday loan.

$100 payday loan vs $100 cash advance in Canada

In Canada “cash advance” is often used interchangeably with “payday loan,” but cash advances from lenders like Nyble and Bree are a different product from payday loans from lenders like iCash and Cash Money. Both are small, short-term loans but with these key differences:

  • Payday loans are regulated by each province and cost $14 to $17 for every $100 borrowed, depending on your province.
  • Payday loans must be repaid by your next payday, whereas a $100 loan from Nyble, for example, can be repaid over a few months.
  • Payday loans do not help your credit score and will negatively impact your credit score if you default. A $100 loan from Nyble can boost your credit score.

How to compare $100 payday loans in Canada

If you’re searching for $100 payday loans, here are some factors to consider:

  • Licensed. There are many payday lenders to choose from but be sure your lender is licensed in your province.
  • Speed. Payday lenders are generally fast, but if you need a $100 cash advance in Canada as soon as possible, especially outside of standard business hours, look into 24/7 e-Transfer payday loans.
  • Income. Some payday lenders accept more types of income than others. You’ll need to find a lender that accepts your income, especially if your income is from social assistance, ODSP or other disability benefits.

Steps to apply for a $100 loan

Whether you’re applying to a payday lender or cash advance lender, the steps to get a $100 loan are similar:

  1. Visit the lender’s website. Click the “Go to site” button once you decide which $100 loan to apply for. There, you can review the final fees and loan terms on the official website before submitting your application. You’ll need your personal and banking details on hand to verify your identity and income.
  2. Get approved. Approvals on $100 loans are usually instant, though sometimes a lender may mark your application for a manual review. In this case, approval can take a few hours.
  3. Get financed. Once you’ve been approved for your loan, you should receive the money within a few minutes.

Am I eligible for a $100 cash advance in Canada?

You can generally get a $100 loan in Canada if you meet the following criteria:

  • Age. You must be at least 18 years old or the age of majority in your province or territory.
  • Income. Lenders prefer employment income, but they’re open to other types of income, especially for small $100 loans.
  • Bank account. Your income must be deposited regularly into a bank account in your name.

Can you apply for $100 loans with bad credit?

Yes, you can apply for $100 loans with bad credit. Payday loans and cash advances come with minimal eligibility requirements, and sometimes a credit check isn’t required, so you can borrow $100 even if your credit history isn’t the best.

Keep in mind that loans with easier eligibility requirements cost more overall. Payday loans especially are some of the most expensive loans you can get in Canada, so make sure you can afford the repayments before signing on the dotted line.

Before you get a $100 payday loan in Canada with bad credit

Are $100 payday loans the right financial help when you have bad credit? The answer depends on a few factors.

First, a small loan, such as a $100 loan, is only suitable as a one-time solution for emergencies. If you have structural financial problems that cause you to repeatedly turn to payday loans, you may wish to consider credit counselling or another form of financial assistance.

Second, be sure you can repay your loan on time. Missing the due date on your repayment will result in additional charges, which can add more pressure to your finances.

Third, before accepting a $100 cash advance in Canada, read the payday lender’s terms and conditions. Never take on a loan that you don’t understand. For example, in some provinces, lenders must allow you to cancel a payday loan within two business days — and knowing this regulatory rule can help.

How much do $100 loans cost?

How much you’ll pay for a $100 cash advance in Canada will depend on the type of loan you get. Payday loans cost anywhere from $14 to $17 for every $100 borrowed.

Let’s say you take out a $100 payday loan in Ontario for the two weeks leading up to your payday. Since Ontarian lenders can charge a maximum $15 per $100 borrowed, you’ll pay back $115 from your paycheque. That translates to a whopping 391% APR. For comparison, credit card interest rates are around 20% to 29%.

Let’s say you take out a $100 loan from a lender like Nyble and take three months to pay it back. Nyble charges 0% interest – instead you’ll pay a 0% interest and no fees to access credit, optional $11.99/month membership for premium services like instant funding. A three-month membership costs $15 to $24 — which is approximately the same cost as a payday loan, except you have more flexibility in when you need to repay the $100 plus gain access to other services, such as Nyble’s credit score monitoring.

Questions to ask before applying for a $100 cash advance in Canada

There are a few factors to take into account before getting a $100 loan:

  • Do I need repayment flexibility? If you need time to repay a $100 loan, it might make more sense to borrow from a lender like Nyble vs a lender like iCash.
  • What is the reputation of the lender? The internet has given rise to a number of online lenders, so find out if the $100 loan lender is legitimate and trustworthy before you apply and accept a loan.
  • What do you need the loan for? Lenders that offer $100 loans design their products for financial emergencies, such as covering an unexpected bill, avoiding overdraft or paying an essential expense.

Summary: Pros and cons of $100 loans


  • Quick turnaround time. These loans can be processed within 30 to 60 minutes.
  • Easy approval. Cash advance and payday loan providers are lenient, so whether you have good or bad credit, you can get approved for a $100 loan.


  • Higher interest rates. Payday loans have steep rates, so you may want to explore alternatives first when searching for a $100 cash advance in Canada.
  • Disreputable lenders. If any offer seems too good to be true, it probably is. Ensure the lender that you’re applying with has a good reputation by reading independent reviews from other customers. You can also check with the Better Business Bureau (BBB) to make sure the company is reputable. Learn more about payday loan scams.

How do I know if a $100 payday loan is legit?

There are several ways to determine if a payday lender is legit.

  • Check for BBB accreditation
  • See if the lender is transparent about fees
  • Check that the lender abides by the provincial regulations for payday loans
  • Check that the lender has a licence
  • Check if they’re upfront with their contact deals
  • Ensure the lender is not asking you to pay an upfront fee money
  • Read reviews about the lender

Frequently asked questions about $100 payday loans

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To make sure you get accurate and helpful information, this guide has been edited by Romana King as part of our fact-checking process.
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Written by


Leanne Escobal is a publisher for Finder. She has spent over 11 years working with financial products and services, specializing in content and marketing. Leanne has completed the Canadian securities course (CSC®) as well as the personal lending and mortgages course by the Canadian Securities Institute. She has a Bachelor of Arts (Honours) in English literature and creative writing from Western University. See full bio

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