Easiest Online Payday Loans

6 Easiest Online Payday Loans In Canada

You're just days away from receiving your next paycheck, and you have an upcoming payment on your car or rent, an unexpected doctor's visit, or vehicle repair. When you're left with insufficient balance to take care of such expenses, you can count on a payday loan to help you through.


What are Payday Loans?


A payday loan or cash advance is a small amount of emergency cash you can borrow for any needs. You can pay back the loan once you have your next paycheck. It would be better to consider a personal loan if you require higher amounts.

Not involving any hard credit check, you can get a payday loan even if you have a bad credit score. Payday lenders typically look into your creditworthiness, considering your regular income. These days, you can apply for an online payday loan by filling out a prequalification form online at home.

Easiest Payday Loans Online

If you’re wondering what are the easiest online payday loans to get, here are some of the best options for instant payday loans, even for those with poor credit scores:

1. Lamina

image

Helping you deal with unexpected expenses or covering any shortfalls, Lamina provides you with a short-term loan with no credit checks, hidden fees, or penalties.

One of the most reliable payday lenders, Lamina Brokers, offers same day loans with one of the lowest interest rates. For any queries you may have about an online loan application, their customer service is there to help resolve your problems and questions, providing you with the best experience with your loan request.

You can apply for up to $1,500, with loan terms ranging from 3 - 5 months, at an interest rate of 30%. The eligibility criteria include:

  • A steady income

  • At least 18 years of age

Here are some benefits of going with Lamina for your short-term loan requirement:

  • Competitive interest rates

  • Fast, easy, and secure application process

  • A great option for Canadian borrowers

  • Quick turnaround time

  • Flexible repayment options

  • No hidden fees or penalties

  • Agents are available to help you through any issues in the application process

  • A client may reimburse the full amount at any time and have a fee discount

2. iCASHimage

For any short-term loans ranging from $100 - $1,500, iCASH is a good Canadian loaning company to apply to. Regardless of your credit score, you can apply for loan requests with flexible repayment periods; loan terms vary from 7 - 62 months.

From its establishment in 2015, iCASH has reportedly funded over a hundred million worth of loans in the first three years. To apply for an online payday loan with iCASH, you'll need:

  • A bank account

  • A regular source of income

  • A valid ID

  • A phone number

Here are some benefits of the instant approval online payday loans:

  • A fully automated system informs of approval instantly

  • Easy application process; high approval rates

  • Fast funding via e-Transfer within minutes of approval

  • 24/7 Online support for queries or help with the application process

  • 256-bit SSL encoded bank-level security software keeps personal information safe

3. GoDay

image

A team of experienced financial professionals leads this payday loaning company. For short-term loans of $100 - $1,500, and even bad credit loans, GoDay helps people deal with unexpected financial emergencies.

Borrowers can opt for flexible repayment terms with a loan term of 14 - 30 days.

Applying for a payday loan online with GoDay has the following benefits:

  • Fast and easy loan application online; takes less than 5 minutes

  • Top-level encryption keeps personal information safe

  • No hidden fees; what you see on your loan agreement is what you pay

  • Instant decision and upfront fee disclosure

  • Customers can access their payday loans within an hour from approval

4. Mr. Payday

image

Mr. Payday has been a trusted payday lender from its inception in 2002. Whether you've filed for bankruptcy, been denied personal loans, or are simply strapped for cash till your next payday, Mr. Payday's online payday loan will help you out.

You can borrow up to $1,500, and repayment options are available with loan terms between 14 - 31 days, at interest rates of 15% - 17%.

The requirements to apply for a payday loan with Mr. Payday include:

  • A chequing account

  • An active phone number

  • Employed with the same employer for two consecutive months

  • Paycheque deposits into your bank account

Here are some reasons to consider getting a payday loan from Mr. Payday:

  • Easy, fast, and secure online application

  • Approvals within 30 minutes of applying (during business hours)

  • Instant funding, within 30 minutes of approval, through e-mail money transfer or directly into bank account

  • No faxing required; instant online validation

  • High approval rate

  • Also provides cash advance loans in British Columbia, Alberta, and Ontario

5. Cash4You

image

A Canadian consumer finance retailer, Cash4You is based in Cambridge, Ontario, and was founded in 2001. Serving those with good, bad, or no credit scores, this company operates over 100 financial service centers in the Ontario province.

They offer a range of money solutions, including payday loans, installment loans, cheque cashing, and Western Union. While you could apply for a payday loan of a maximum of $1,500, you must be aware of the high-interest rates.

If you're looking for a cash advance loan from Cash4You, here are the benefits associated with it:

  • Over 100+ stores that are open late to serve customers

  • No hidden fees; you get what you see

  • A simple payment is sufficient to pay back on your next payday

  • Choose Interac E-transfer or cash pick up in-store as per convenience

  • The application process can be done online or in-store

6. MoneyMart

image

With over 40 years of business service, millions of people in need have been helped with short-term loans by MoneyMart. The other financial services they offer include money transfers and cheque cashing.

Being a reliable and trusted source, you can apply for loan amounts between $120 - $1,500, with the loan term varying between 1 - 62 days.

The eligibility criteria for a payday loan include:

  • A valid ID and at least 18 years of age

  • A chequing account

  • A steady source of income

Here's what you can expect for payday loans with MoneyMart:

  • Flexible eligibility criteria

  • Simple application process online or in-store

  • No credit check required

  • Upon approval, you can have the cash deposited in 2 hours to your bank account or pick-up in-store

  • Transparent, flat-rate fees are explained up-front

In Summary

Tending to emergency needs when short of funds is easier and more convenient with a no credit check payday loan. 

All you need to remember is to proceed with caution, from ensuring the interest rates, terms and conditions to the reliability of the online payday lenders. Before you sign in to it, ensure that you'll be able to pay back the loan, with interest, within the agreed time duration.