Online loans that accept BC disability income

Are you looking to use your BC disability income to take out a loan? Finding a lender who’s willing to accept disability benefits as income is your first step to getting financing.

Can I get a loan while on BC disability assistance?

Yes. While traditional lenders like banks may not approve applicants receiving BC disability assistance, there are alternative lenders that do. These lenders have more generous eligibility criteria and can approve you as long as your BC disability income is paid regularly into your bank account and you receive enough income to repay the loan.

Below are legitimate lenders who accept Persons with Disabilities (PWD) income in BC.

Jump to:

• Payday loans for BC disability
• Lines of credit & personal loans for disability in BC
• Cash advances for BC disability

Compare online payday loans that accept BC disability

Payday loans have lenient eligibility requirements, which is why people on disability income have more options for this loan than other types of loans. But given payday loans’ very high rates, only consider getting one when you’ve exhausted all other options.

Compare lines of credit & personal loans for BC disability income

You can use your disability benefits to qualify for a personal loan or line of credit from an alternative lender. Compare your options below.

Finder Score for personal loans

To make comparing even easier, we came up with the Finder Score. Interest rates, fees and features across 70+ personal loans are all weighted and scaled to produce a score out of 10. The higher the score the better the loan—simple.

Read the full methodology

Compare cash advances for people on disability in BC

You can get a small, instant loan from one of the cash advance providers below. They’ll consider your application as long as your disability benefits are being paid into your bank account.

Finder Score for cash advance apps

To make comparing even easier, we came up with the Finder Score. Interest rates, fees and features across 5+ cash advance apps are all weighted and scaled to produce a score out of 10. The higher the score the better the loan—simple.

Read the full methodology

Types of disability loans in BC

Some lenders see regular disability payouts as proof that you can pay back what you borrow. Because of that, they’re willing to provide financing. Below is a breakdown of the different types of loans you may qualify for if you’re receiving disability assistance as a British Columbia resident.

Loan	Interest rate	Loan amount	Loan term	Notable examples
Payday loan	$14 for every $100 borrowed	Up to $1,500	Next payday, up to 62 days	iCash, Money Mart
Installment loan	18% – 35%	$500 –$10,000	3 - 60 months	Loans Canada, LoanConnect
Cash advance app	No interest, but you may pay a monthly fee ($2 - $12)	$20 – $500	Next pay cycle or flexible	KOHO, Bree, Nyble
Auto title loan	9% – 35%	$1,000 – $50,000	3 – 60 months	Get Loan Approved, Fast Action Finance

1. Payday loans that accept BC disability income

You can apply for PWD payday loans online or at a store. If you apply in-store, you’ll provide documents like government-issued ID and bank statements, get approved on the spot and walk out with your loan.

Applying online for PWD payday loans is faster and more convenient. In some cases, you won’t need to send any documents. Instead, you’ll log in to your bank account and give the lender view-only access to your bank statements.

Can you get e-transfer loans on BC disability assistance?

Yes, there are online payday lenders that offer e-transfer loans and accept BC disability assistance. You just need to have an active bank account and be registered with your bank to send and receive e-transfers.

Examples of lenders that offer e-transfer loans on BC disability income include iCash and Money Mart.

Features of payday loans that accept BC disability

• Bad credit is okay. Payday loans have more lenient requirements, and many payday lenders can approve borrowers with poor credit.
• Cancellation period. You have two business days to cancel a payday loan in BC without penalty.
• No early repayment penalty. Repay your loan in full any time without penalty.

Before you apply for online payday loans

• Know the true cost of a payday loan. Payday loans are extremely expensive. If you look at their borrowing fee as an annual percentage rate (APR), the rate can easily be over 300%.
• Be wary of payday loan scams. Be cautious of where you share your personal and financial information online. Only apply to a licensed payday lender that follows BC payday loan regulations.
• Be certain you’ll have enough income. Before you take out a payday loan using your BC disability income, be certain you can repay the loan by your next BC disability assistance payment, or you could be charged an NSF fee and late fee. Also check that you’ll have enough income to pay for other debts and bills once you repay your payday loan on the due date.

Related: Best payday loans in Canada

2. Installment loans for disability income in BC

Installment loans are offered by alternative lenders with lenient eligibility requirements, including those who accept BC disability assistance. These loans have lower loan amounts, shorter loan terms and higher interest rates compared to conventional personal loans. Still, they are typically cheaper than payday loans if you’re considering different disability loans in BC. You can also easily apply online and get the money as soon as the same day.

Can you get e-transfer installment loans on BC disability assistance?

Some lenders of disability installment loans can send money via Interac e-transfer, while others only use the slower method of direct deposit. If e-transfer funding is important to you, check with the lender before you apply.

Features of BC disability installment loans

• Pay in installments. Unlike payday loans, you make equal payments over time, usually bi-weekly or monthly.
• No prepayment penalties. You can often pay off your installment loan early without facing any fees.
• Bad credit is okay. Online lenders can accept fair or bad credit under 660 provided that you meet other eligibility criteria.

Before you apply for installment loans that accept PWD income

• Know how much you’ll pay in interest and fees. You may find that the lender charges a hefty broker or surety fee, which will drive up the cost of your loan.
• Check if the lender is legit. Be wary of lenders guaranteeing approval. While there are legitimate no credit check loans, be cautious of lenders that advertise this too.

Dive deeper: Best installment loans in Canada

3. Cash advances for recipients of disability benefits

Cash advance apps let you borrow a small amount only. You don’t need to have employment income, so you can use BC disability assistance to qualify.

Features of cash advances for PWD benefits

• Fast. Like payday loans, you can get an instant cash advance 24/7.
• No credit check. These loans don’t involve credit checks, so you can apply with fair or bad credit.
• Small amounts. Some cash advance apps might start you off with less than $80 and will only increase your limit when you build a history of responsible on-time payments.

Can I get a cash advance via e-transfer?

Yes. Cash advance providers can fund you via direct deposit or e-transfer.

Before you apply for a cash advance using your BC disability income

• Be prepared to connect your bank account. The lender will ask to view your bank statements to verify your income and identity.
• Wait if you have NSF transactions. Recent NSF fees on your bank account will lower your chance of approval.

4. Auto title loans for BC disability recipients

Auto title loans (sometimes referred to as car title loans) are secured by your vehicle. You can typically qualify for anywhere from 25% to 50% of your car’s value. It’s often a requirement that you own your car outright, meaning it’s paid off.

Auto title loans are secured by your car, so you can often qualify for more competitive rates even if you have bad credit. However, you risk losing your car if you default on the loan.

Features of BC disability auto title loans

• Higher loan amounts. Because you’re using your car as collateral, you may qualify for larger loans than you would with payday loans, installment loans or cash advances.
• Slower than cash advances and payday loans. Car title loan lenders can’t provide instant approval and funding.
• Bad credit is okay. Auto title loan providers can accept fair or bad credit score borrowers, and some don’t even do credit checks.

Can I get a car title loan funded via e-transfer?

It depends on the lender. Some lenders of vehicle title loans only use direct deposit, while others can do both direct deposit and e-transfer.

Before you apply for a BC disability loan using your car

• Make sure it’s affordable. Defaulting on this loan means you’ll lose your car.
• Watch out for extra fees. These lenders will charge fees for appraisals and title searches, which will make your loan more expensive.

Where should I apply for disability loans in BC if I have bad credit?

The loans mentioned above—payday loans, installment loans, cash advances and car title loans—all have lenient eligibility criteria, and people with bad credit can realistically get approved for these as long as they can show their lender they have the means to repay the loan.

Where you should apply for a disability loan with bad credit depends on your personal financial situation, but generally, payday loans are only suitable as a last resort because of their high rates and extremely short repayment terms. If you’re struggling financially, you may want to explore loans that give you the flexibility you need with repayments.

Can I get a loan with no credit check using my BC disability assistance?

Yes. Some lenders do not do credit checks and will focus on your income instead. You’ll need to show them proof of your income, such as recent bank statements. Be careful where you apply though, because not all lenders who offer loans with no credit check are legitimate.

Must read: No credit check loans in Canada

How to apply for a loan on BC disability assistance

Follow these simple steps to apply for disability loans in BC:

1. Decide which type of loan you want to apply for. Compare the options above to help narrow down your choices and find a loan that’s right for you.
2. Fill out an application. Most lenders will provide you with a detailed application form to fill out with your personal and banking information. Select Go to site above to begin your application with your chosen provider today.
3. Verify your identity. You’ll need to show lenders that you are who you say you are. You can do this by showing a piece of government-issued ID like your driver’s licence or passport.
4. Show proof of income. This is where your BC disability assistance payments come in handy. You can also show proof of income earned from other sources like the Canada Child Benefit or a part-time job.

Depending on the lender, you could get an application decision the same day or up to several business days later. Many online loans for disability send funds quickly to your bank account via e-transfer, which can take up to 30 minutes to process.

Alternatives to getting a disability loan in BC

If you’re having trouble getting approved for a loan while on disability assistance or you think the interest rate you’ll be approved for is more than you can afford to pay, it’s worth considering other options.

• Get someone to cosign the loan. See if you can find a family member or friend with a good credit score who is willing to cosign a loan with you. Just make sure that person understands they will be held responsible for paying back the loan if you default.
• Credit card cash advance. A credit card cash advance typically comes with an interest rate of around 23%, which can be cheaper than payday loans as long as you pay off your cash advance as soon as you can.
• Visit 211.ca. It’s worth taking the time to explore financial or community support resources before taking on new debt. 211 helps people find programs that offer support for basic living needs, mental health & addictions, legal & financial problems, seniors and newcomers to Canada. The service is free and confidential.

What is PWD assistance in BC?

Living with a disability can be extremely challenging, especially when you have to worry about how you’re going to pay the bills. BC disability assistance is designed to lift some of that burden off of your shoulders. It helps to cover the cost of basic living expenses (like food, clothing, shelter and prescriptions) for people living with disabilities.

The amount you’re eligible to receive depends on your income as well as the size of your family. You’re still allowed to work and earn money while on BC disability assistance.

How do I qualify for BC disability assistance?

To apply for BC disability assistance, you’ll need to be at least 18 years old and must be able to prove your financial need. You’ll also have to show that you have a physical impairment that limits your ability to complete day-to-day activities. From there, you’ll need to fill out the Persons with Disabilities Designation Application on My Self Serve.

When is the next income assistance payment?

The schedule for the next income assistance payments is as follows:

• May 21, 2025 (for June 2025)
• June 25, 2025 (for July 2025)
• July 23, 2025 (for August 2025)
• August 27, 2025 (for September 2025)
• September 24, 2025 (for October 2025)
• October 22, 2025 (for November 2025)
• November 19, 2025 (for December 2025)
• December 17, 2025 (for January 2026)

Which financial issues occupy Canadians?

If you’re struggling with your income and expenses, you’re not alone. According to the Finder: Consumer Sentiment Survey January 2025, affording everyday expenses was the top issue for Canadians (43%). Increasing income (31%) was the third most favoured answer.

Bottom line

You should have no problems using your BC disability assistance to help you qualify for certain types of loans, even if you have bad credit. You can generally choose between payday loans, installment loans, cash advances and auto title loans. Payday loans tend to be the most expensive, so explore other options first.

Frequently asked questions

• Can I get a loan on disability in BC?

  Yes, there are several reputable online lenders who accept disability as a valid source of income for loans in BC. These lenders have lenient eligibility requirements compared to banks and credit unions. Compare lenders in BC who accept disability income here.

• Can you get a personal loan on BC disability income?

  It depends. Lenders of personal loans have stricter eligibility requirements than payday lenders, and they are less likely to accept BC disability assistance as valid income. However, there are select alternative lenders that accept it.

• What kind of loans can I get in BC on disability?

  You can get a payday loan, installment loan, cash advance or vehicle title loan using your BC PWD income. You'll just need to apply to a lender that accepts this type of income, because not all of them do.