Payday Loans Canada Short Term Loans Canada

Because your rate is fixed, your monthly payments will stay the same throughout the loan term, which can help you budget. Banks, credit unions, P2P lenders and alternative lenders offer fixed rates. No matter what you’re doing or where you are – if you’ve got your phone, you can get a loan!

This is an excellent option for unemployed borrowers or looking to find payday loans in Canada with bad credit. GoDay offers online payday loans with instant approval to all those in need.

The Smart Alternative to Traditional Payday Loans

The interest rates on lines of credit and qualification requirements tend to be comparable to personal loans. A variable rate personal loan has an interest rate that changes with the markets. These loans will increase when the Bank of Canada hikes interest rates, which has happened several times in 2022. Banks and credit unions offer variable rates, along with a handful of private lenders.

Immediate access to funds

Borrowers can apply for a loan online, by phone, or at a physical location, and if approved, the funds will be deposited into their bank account within 24 hours. In addition to its lending services, PAY2DAY also provides cheque cashing, bill payment, and money transfer services. PAY2DAY operates a network of 32 locations across Canada, making it one of the widest-spread, short-term lenders in the country. GoDay is a Canadian payday loan lender that offers short-term loans to people who need extra money before their next payday. The company has been in business since 2012 and is based in Toronto, Ontario. Lines of credit are a revolving credit account where you can borrow as much as you need to at any given time up to your credit limit. You then only pay interest on what you borrow.


FlexMoney uses the industry’s most reliable tools to get you the cash you need as quickly as possible. That’s right, with FlexMoney you will have the cash you need within 24 hours. Unlike most personal loans, you can use non-employment income, such as government benefits, to qualify for a payday loan.

Read more about payday loans canada bad credit here.

It only takes a few minutes to be approved and your money can be in your account in just half an hour. We work hard to approve everyone and pride ourselves on approving almost everyone for a cash advance! We are certain that you will find us to be the best lender in all of Canada. No, to get an installment loan with FlexMoney you need to be receiving a net income of $2,000 per month or greater with at least three months of income history. We offer clients the opportunity to make loan payments based on what works for you. Our flexible options include weekly, bi-weekly, semi-monthly, or monthly. All loan payments will be automatically withdrawn from your bank account that you have on file with FlexMoney.

How much you’ll be offered will depend on your profile. You may need to provide bank statements, tax returns, government-issued ID and other documents. Provide personal info such as your name, address, phone number, job, income and housing situation. The fee is either a fixed amount ($15 to $40) or a percentage of the unpaid balance.