FAQs

1. What service do Canadian Online Payday Loans provide?
Here we serve you as online loan mediators. Our main intention is to make sure that you find the best loan deal which suits your requirements. We will introduce you to competent lenders who accept loan application. Our website is accessible 24X7. You can avail our services at any time.

2. Am I eligible to apply here?
If you are a resident of Canada, your age is at least 18 years, you have a steady and verifiable employment and you hold a checking account in some bank which accepts direct deposits then you will be considered an eligible applicant.

3. Why can't you quote rates for loans?
At Canadian Online Payday Loans, we provide loan finding services. We are not loan providers here. We put you in touch with efficient lenders. We work with a wide network of lenders thus it is not possible for us to provide exact rates as rates vary from lender to lender.

4. What is the highest amount that I can borrow?
The amount of credit which you can borrow completely depends on your financial conditions. With us, you can apply up to an amount of C$ 1000 considering your short term necessities.

5. How can I make application for loans?
Before applying loans, first get registered at our website. Once you complete the simple online registration form, you will have to wait for some time before we get back to you on your request. If we successfully register you, then we will help you make and submit loan application.

6. What is the cost?
No service charges are levied here by us. We offer free services. You can access our online registration form at free of cost.

7. Why do you need my personal details?
We collect personal information from you in order to match you against the most competent lender. Moreover, lenders need your contact information in order to contact you back.

8. Over what time can I pay back?
Term for repayment is determined by lenders. Here based on the amount you have applied you can get utmost one month time to pay back loans.

9. What happens if I miss repayment?
Penalty fees will be charged by the lender if the repayment tenure gets extended.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

PLEASE READ TERMS & CONDITIONS OF LENDERS OR BROKERS BEFORE PAYING ANY UPFRONT FEES.