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Find a payday loan provider in this A-to-Z directory

Browse through our list of payday loan providers available in Canada.

Whether you’re looking to borrow just $100 to last you until your next payday or $500 to be repaid by the end of the month, finding a quality payday loan provider could help you get the quick cash you need. The list of payday loan companies below will help guide your search. Plus, you can click on a provider in the list to read our full review.

⚠️ 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.

Compare payday loan companies

Check the websites of any payday loan providers you’re interested in to confirm they operate in your province or territory of residence.

Name Product Loan Amount Loan Term Interest Rate Turnaround Time Serviced Provinces
Money Mart Payday Loan
$120 - $1,500
1 - 62 days
Varies by province
As little as 1 hour after getting approved
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.
iCASH Payday Loan
$100 - $1,500
7 - 62 days
Varies by province
As little as 2 minutes with INTERAC e-Transfer
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.
Cash Money Payday Loan
$100 - $1,500
5 - 40 days
Varies by province
As little as 15 minutes with INTERAC e-Transfer
Apply for your first $300 payday loan at a $20 cost (excludes SK applicants).

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.
GoDay Payday Loan
$100 - $1,500
Up to 62 days
Varies by province
As little as 2 minutes with INTERAC e-Transfer
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.

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)

What are payday loans?

A payday loan is a loan that typically ranges from $100 up to $1,500, and generally paid back when you receive your paycheque – hence the term “payday loan”. These loans are sometimes called “cash advance loans” by some payday loan providers.

Finding a reputable payday loan company In Canada, payday loans are regulated under individual laws and restrictions in each province –but beware: not all provinces have the same legislation

What are the payday loan regulations in my province or territory?

Hover over your province in our interactive map to see if payday loans are regulated on the provincial or territorial level and the maximum cost per amount borrowed – darker shades correspond with a higher cost. You can also click on a province or territory to see our article discussing payday loan options there.

5 alternatives to payday loans

With payday loan APRs reaching as high as 350%, it’s important to consider alternatives when you’re in need of some extra cash to fill in the budget gap. You could save a lot of money in the long run by going with one of these five alternative payday loan options.

  1. Pay advance apps. You may be able to get an advance on the salary you’ve already earned at little or no charge through pay advance apps like Branch and PayActiv — sometimes as soon as the same day.
  2. Employer paycheque advance. Some companies offer paycheque advances to employees — regardless of your credit history — often at a lower cost than a payday loan.
  3. Payday alternative loans (PALs). Some credit unions offer PALs between $200 and $1,000 to all credit types. APRs are capped terms range from one to six months. But you’ll likely need to be a member of the credit union for at least a month to qualify.
  4. Ask a family member or friend. Although it may hurt your pride, borrowing a small amount of money from a friend or family member could be one of the most affordable alternatives to payday loans since you likely won’t be charged interest. However you should focus on repaying your friends or relatives as soon as possible, since finances can easily ruin relationships.
  5. Consider a credit card cash advance. Because of its high APR, a credit card cash advance isn’t the cheapest payday loan alternative. But depending on the restrictions in your province or territory, it might still be cheaper than getting a payday loan. The other advantage to using a credit card cash advance is that you’ll have more time to pay it off than a payday loan.

Compare even more alternatives to payday loans

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