FREQUENTLY ASKED QUESTIONS

Here are answers to the questions you ask most often

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Frequently Asked Questions

Some things you want to know

1. What does Payday Cash Loans do?
What does Payday Cash Loans do?

Payday Cash Loans provides online payday loans to Canadian customers. Our payday loans are designed to solve temporary cash-flow needs.

2. How do I apply for a loan from you?
3. How fast can I get a payday loan?
4. What will I need to provide to get a Payday Cash Loans payday loan?
5. Do I need to be have a job?
6. Can I get a loan if I do not own my own home?
7. Do you need any personal information from me?
8. Do you do a credit check?
9. I have bad credit. Is that a problem?
10. Do I have to explain why I want a loan?
11. How much interest do I have to pay for a loan?
12. When do I need to pay back my loan?
13. If I take out a loan, how soon can I borrow again?
14. How do I send the money to pay back my loan?
15. What happens if I can't repay my loan?
16. Is your service impacted by public holidays and weekends?
17. What if I'm unhappy with Payday Cash Loans's service?
18. Do you have any retail Payday Loan stores?
19. So how do I apply?
20. As a new customer, how much can I borrow the first time?
21. What is the maximum I can borrow, if I've borrowed from you before and always repaid?
22. Can I come to your office to get a payday loan?
If you do not find the answer to your question listed within our FAQ's, you can always contact us directly at support@paydaycashloans.ca

1.

Apply immediately

Getting a loan has never been easier – or faster. We’ll need some personal background info, then just choose your loan amount and repayment plan. Then you’re good to go.

2.

Know immediately

There’s no fuss in the process. You’ll be immediately informed if you qualify. All that is left is to sign your electronic contract.

3.

Receive money

Any time, day or night, your loan will be e-transferred to you in just 5 minutes!

No Credit Check | High Approvals

Get Up To $1,500 From a Safe Trusted Licensed Lender. Easy Application. Multiple repayments, FAST e-Transfer.

Payday Loans are high-cost loans. Loan amounts depend on net pay and other qualifying requirements.

British Columbia Residents: The maximum fee allowed for a Payday Loan in BC is 14% of the principal. We charge $14 per $100 borrowed. For example, a $300 loan over 14 days has a total borrowing cost of $42, requiring repayment of $342, with an APR of 365.00%

Manitoba Residents: The maximum allowable charge is 14% of the principal. We charge $14 per $100 loaned. Example: A $300 loan for 12 days costs $42 to borrow, with total repayment of $342 and an APR of 425.83%. Contact Manitoba Consumer Protection Office at 1-204-945-3800 or visit gov.mb.ca/cp/cpo.

Nova Scotia Residents: Cost of borrowing is $14.00 per $100 on a $300 loan for 14 days (365.00% APR).

Ontario Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per $100. A $500 loan for 14 days costs $70 to borrow, with total repayment of $570 and an APR of 365.00%.

Saskatchewan Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per $100. A $300 loan for 14 days costs $42 to borrow, with total repayment of $342 and an APR of 365.00%.

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