Payday Loans in Canada — $100 to $1,500 Fast
Need cash before your next paycheque? Get matched with a licensed Canadian payday lender in your province and see your options in minutes — all credit considered, funds often sent by Interac e-Transfer.
- Licensed Canadian lenders
- All credit considered
- Funds by e-Transfer
- No impact to check your options
A payday loan in Canada is a small, short-term loan — usually $100 to $1,500 — meant to cover an expense until your next payday. Get Payday Loans Canada connects you with licensed lenders across all 10 provinces and 3 territories, so you can see a real offer fast, without leaving home.
We are not a direct lender. We are a free matching service that connects Canadians with licensed short-term lenders. Loan costs and rules are set by your province — check the cost table below before you borrow.
How Payday Loans Work in Canada
From application to e-Transfer in four simple steps.
- Apply online in minutes. Tell us your province, the amount you need ($100–$1,500), and your income.
- Get matched with a licensed lender. We connect you with a lender that serves your province and considers your situation.
- Verify income with IBV. Lenders confirm your income using Instant Bank Verification (IBV) — a secure, read-only connection that takes about 60 seconds and does not affect your credit score.
- Review and get funded. See the full cost of borrowing up front, e-sign your agreement, and receive your funds — often by Interac e-Transfer the same day.
Payday Loans by Province & Territory
The rules and the maximum cost of a payday loan are set by each province. Choose yours for local details.
- OntarioPayday loans in ON
- British ColumbiaPayday loans in BC
- AlbertaPayday loans in AB
- QuebecOptions in QC
- ManitobaPayday loans in MB
- SaskatchewanPayday loans in SK
- Nova ScotiaPayday loans in NS
- New BrunswickPayday loans in NB
- Newfoundland & LabradorPayday loans in NL
- Prince Edward IslandPayday loans in PEI
- YukonPayday loans in YT
- Northwest TerritoriesPayday loans in NT
- NunavutPayday loans in NU
What a Payday Loan Costs in Canada
Payday loan costs are capped by each province and shown as a maximum dollar amount per $100 borrowed. Always review the total cost of borrowing before you sign — a short-term payday loan is convenient but expensive compared with other credit.
| Province / Territory | Maximum cost per $100 borrowed |
|---|---|
| Newfoundland & Labrador | $14 (lowest in Canada) |
| Ontario | $15 |
| British Columbia | $15 |
| Alberta | $15 |
| Nova Scotia | $15 |
| New Brunswick | $15 |
| Prince Edward Island | $15 |
| Manitoba | $17 |
| Saskatchewan | $17 |
| Quebec | No payday model (≈35% APR cap) |
| Yukon / NWT / Nunavut | No payday-specific cap |
Quebec effectively caps consumer credit at about 35% APR, so traditional payday loans are not offered there — see our Quebec page for safer alternatives. In the territories there is no payday-specific cap. Provincial caps change over time — confirm the current rate with your provincial consumer-protection office or the Financial Consumer Agency of Canada.
Why Get Payday Loans Canada
- One application, many lenders. We match you across our network of licensed Canadian lenders instead of you applying one by one.
- All credit considered. Approval is based mainly on your income, not just your credit score.
- Fast and online. Apply from your phone in minutes; many borrowers are funded by e-Transfer the same day.
- Clear costs. You see the full cost of borrowing and your provincial maximum before you commit.
- Coast to coast. We cover every province and territory, with province-specific rules explained.
Payday Loan FAQs
How much can I borrow with a payday loan in Canada?
Payday loans in Canada are capped at $1,500. Most first-time borrowers are approved for $100 to $1,000, and the amount you qualify for depends on your income and your province’s rules.
Can I get a payday loan with bad credit?
Yes. Lenders in our network consider all credit types because approval is based mainly on your income and recent banking activity, confirmed through Instant Bank Verification — not only your credit score.
How fast will I get the money?
Many applicants are approved within minutes and funded by Interac e-Transfer the same day, especially when they apply on a business day and verify income quickly with IBV.
What does a payday loan cost?
Cost is capped per province — for example, a maximum of $15 per $100 borrowed in Ontario. A $300 loan at $15 per $100 for 14 days costs $45 (an APR of about 391%). Always review the full cost of borrowing before signing.
Do you do a credit check?
Checking your options on Get Payday Loans Canada does not affect your credit score. A lender may review your information before finalizing an offer, but matching is based primarily on income.
Are you a payday lender?
No. Get Payday Loans Canada is a free matching service. We connect you with licensed third-party lenders in your province; they fund and service the loan under provincial rules.
Get Started Today
Ready to see what you qualify for? Applying takes just a few minutes and won’t affect your credit score to check your options.
About the Author
Get Payday Loans Canada is a loan-matching service, not a lender or broker, and does not make credit decisions or fund loans. Payday loans are short-term, high-cost credit and are regulated provincially; the maximum cost of borrowing is set by your province. Example: a $300 payday loan at $15 per $100 borrowed for 14 days costs $45, equal to an annual percentage rate (APR) of about 391%. Canada’s federal criminal interest rate is 35% APR; payday loans operate under provincial exemptions where a provincial payday act exists. Borrow only what you can repay on your next payday, and consider lower-cost alternatives — such as a pay advance from your employer, a credit-union small loan, or provincial benefits — before taking a payday loan. Approval is not guaranteed and depends on the lender’s criteria.