A Canada cash advance (also known as a payday loan) is intended to be a short-term loan for short-term financial needs. New clients are generally offered an initial cash advance of up to $200, with $50 – $100 increases authorized after three on-time loan repayments. The maximum loan amount is $500.
Canada cash advance eligibility requirements: *
- Be 23 years of age or older.
- Have a regular verifiable income of at least $1,000/month.
- Be continuously employed for more than ninety days.
- Have an active bank account.
- Have a telephone.
- Have an active email account.
Our affiliated lenders typically will not lend to:
- Applicants who are in business for themselves;
- Temporary or seasonally employed workers;
- Applicants paid only by commission;
- Applicants receiving social assistance;
- Applicants receiving worker’s compensation or a disability pension;
Get Approved and Get Cash — Fast
Don’t let bad credit or no credit history stop you from applying. You can still be approved. Our network of loan officers works quickly; your online application can be approved in as little as 30 minutes. Payday loan funds can be deposited to the bank account listed on your application by Electronic Funds Transfer (EFT) in as little as 24 hours.
Repay Your Loan Automatically
Your lender will debit your bank account on your next scheduled payday for the full amount of the loan, plus all interest and/or late fees. There’s no need to worry about getting a check in the mail on time.
* Provincial regulations or underwriting criteria may require different minimum or maximum eligibility requirements.
