Trust check
Is Instant Payday Canada legit?
Instant Payday Canada is run by a company that has been lending since 2008, holds an A+ BBB rating and is licensed in the provinces we checked. However, they are not CLA certified and have no social media presence.
Instant Payday Canada: Overview
If a bill is due before your next paycheque and you would rather sort it out from home than stand in line at a store, Instant Payday Canada may be able to help. Instant Payday Canada is an online payday loan lender run by Westrock Financial Ltd., a 100% Canadian owned and operated company that has been lending since 2008. They currently provide their services in Ontario, British Columbia, Alberta and Nova Scotia.
They have streamlined their process by cutting out the middle man and the storefront, making the loan application process easier and faster. Their mission is to put customers first. To make the process easier and less stressful, Instant Payday Canada encourages applicants to call so they may guide them through the process and answer any questions they may have.
Are You The Right Borrower For Instant Payday Canada?
Instant Payday Canada could be a good fit for you if:
- You need a small amount quickly and can't get to a store. The application takes a few minutes online, their team will walk you through it by phone if you prefer, and approved loans are sent by Interac e-Transfer as soon as you sign your agreement.
- Your credit is low, but your paycheque is steady. Bad credit or no credit can be considered, because Instant Payday Canada looks at your job income and your banking history rather than your score alone.
- Your next payday is too close to repay in full. You can ask for up to 30 days when you apply, and outside Ontario they can set your due date on your second payday, which gives you more room to cover your other bills.
What Does Instant Payday Canada Offer?
Instant Payday Canada offers one product, a payday loan, which you apply for and receive entirely online.
Payday Loans
An Instant Payday Canada payday loan lets you borrow up to $1,500 against your next paycheque, and most of their loans are for around $300 to $400. You can use the money for anything you need, from groceries and utilities to a medical bill, and the full amount plus the borrowing fee is withdrawn from your bank account on your due date.
| Loan Amount | Up to $1,500 |
| Cost | $14 per $100 borrowed |
| Term | Your next payday, or up to 30 days if you ask when you apply |
| Funding Time | Sent by Interac e-Transfer once you sign your loan agreement |
| Repayment | Automatic withdrawal from your bank account on your due date |
Features
- Help By Phone: If you'd rather not fill in the form alone, their customer service team will walk you through the application over the phone.
- More Time To Repay: Ask for up to 30 days when you apply. In British Columbia, Alberta and Nova Scotia, they can also set your due date on your second payday, as long as the loan stays within 60 days. In Ontario, they can reschedule your payment after your loan is issued.
- No Faxing Or Paperwork: You confirm your identity, income and banking online, and you sign your loan agreement by typing your name.
- Interac e-Transfer Funding: Approved loans are sent straight to your bank account by e-Transfer.
- Quick Reloans: Once your last loan is paid off, you can reapply from the customer area, and returning customers can get their money in as little as 15 minutes. Higher amounts may be available based on your banking and payment history.
- Evening And Weekend Hours: Their team is available from 8am to 8pm Pacific Time on weekdays and 9am to 5pm on weekends and holidays.
How Fast Can You Get Your Money?
You'll usually know whether you're approved the same day, often in about 15 minutes during business hours. Once you sign your loan agreement, your money is sent by Interac e-Transfer.
| Stage | Timing |
|---|---|
| Application | About 2 to 3 minutes online |
| Verification | Share your ID and banking online, or upload 180 days of bank statements in Alberta |
| Decision | By email, usually the same day |
| Funding | Sent by Interac e-Transfer once you sign, in about 5 minutes in Alberta |
| Reloans | As little as 15 minutes for returning customers |
| Hours | Monday to Friday 8am to 8pm, weekends and holidays 9am to 5pm, Pacific Time |
Who Can Get A Loan From Instant Payday Canada?
To qualify, you need a steady job income of at least $1,000 a month that's paid into your bank account, plus 180 days of banking history. Instant Payday Canada reviews each application individually, and bad credit or no credit can be considered.
| Requirement | What You Need |
|---|---|
| Age | 19 or older |
| Where You Live | Ontario, British Columbia, Alberta or Nova Scotia |
| Income | At least $1,000 a month, from a job rather than self-employment |
| Pay History | At least two payroll deposits, with one in the previous calendar month |
| How You're Paid | Direct deposit or cheque |
| Bank Account | Online banking with 180 days of transaction history |
| Phone | A working phone number |
What Documents Will You Need?
In Ontario, British Columbia and Nova Scotia, you verify your identity and banking online through Inverite, a secure verification service. In Alberta, you send a PDF of your full transaction history for the last 180 days. Instant Payday Canada may occasionally ask for:
- A void cheque
- Recent pay stubs
- A recent utility bill or other proof of address
- A direct deposit authorization form stamped by your bank
How To Apply With Instant Payday Canada
You can apply online, or call 877-730-8406 and a customer service representative will guide you through each step.
What Does An Instant Payday Canada Loan Cost?
Instant Payday Canada charges $14 per $100 borrowed in Ontario, British Columbia, Alberta and Nova Scotia. On a 14-day loan, that works out to an APR of 365%.
| You Borrow | Cost Of Borrowing | Total You Repay |
|---|---|---|
| $100 | $14 | $114 |
| $300 | $42 | $342 |
| $500 | $70 | $570 |
| $1,000 | $140 | $1,140 |
| $1,500 | $210 | $1,710 |
If a payment bounces, an NSF charge may apply, and moving your due date usually takes a partial payment on the original date. Calling Instant Payday Canada before your due date is the easiest way to avoid extra fees.
These numbers are for illustrative purposes only. Actual numbers may vary.
Is Instant Payday Canada Licensed?
Instant Payday Canada's loans are made by Westrock Financial Ltd., which is licensed as a payday lender in Ontario, British Columbia, Alberta and Nova Scotia.
Government of OntarioVerified
Service AlbertaVerified
Licensed Payday Lenders in Nova ScotiaVerified
Consumer Protection BCVerified
What Do Customers Say About Instant Payday Canada?
The ratings below were last checked on October 28, 2026. The BBB profile is listed under Westrock Financial Ltd., the company behind Instant Payday Canada.
Claimed since March 2016. Most reviews date from 2019.
BBB accredited since November 2016. 8 complaints in the last three years.
Westrock Financial Ltd. has been lending since January 2008.
Most of the individual reviews on their Trustpilot page give five stars, with borrowers praising fast funding, a simple process and friendly staff. The most recent review, from October 2025, describes repeated requests for information followed by a declined application.
What We Like About Instant Payday Canada And What To Watch Out For
What We Like
- Fast e-Transfer funding: Approved loans are sent by Interac e-Transfer as soon as you sign, and returning customers can get their money in as little as 15 minutes.
- Help over the phone: Their team will walk you through the application by phone if you'd rather not do it alone.
- Flexible due date: You can ask for up to 30 days to repay, and outside Ontario your due date can be set on your second payday.
- Open evenings and weekends: You can reach their team until 8pm Pacific Time on weekdays and on weekends and holidays.
- Long track record: Westrock Financial Ltd. has been lending since 2008 and holds an A+ rating with the BBB.
What To Watch Out For
- Job income required: While you need at least $1,000 a month from a job and can't be self-employed, bad credit or no credit can still be considered.
- Six months of banking history: While you need 180 days of banking history, you share it online through a secure verification service instead of faxing paperwork.
- Low Trustpilot score: While their Trustpilot score is low and few reviews are recent, the company behind them holds an A+ BBB rating and is BBB accredited.
Instant Payday Canada vs Cash Money vs Speedy Cash
Comparing Instant Payday Canada, CashMoney and Speedy Cash on loan amount, interest rate, term, availability, funding time, funding method, repayment options, eligibility and required documents, as listed by each lender.
| Feature |  Instant Payday Canada Payday Loan Learn more |  CashMoney Payday Loan Apply now Learn more |  Speedy Cash Payday Loan Learn more |
|---|---|---|---|
| Loan amount | Up to $1,500 | Up to $1,500 | $200 – $1,500 |
| Interest rate | $14 per $100 | $14 per $100 | $14 per $100 |
| Term | Next payday, or up to 30 days on request | Up to 60 days | Next payday |
| Available in | AB, BC, NS, ON | BC, MB, NL, ON, SK | AB, BC, NS, SK |
| Funding time | Same day, once you sign your agreement | Typically within 24 hours | Within 24 hours |
| Funding method | Interac e-transfer |
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| Repayment | Pre-authorized debit | Automatic debit | Automatic debit |
| Eligibility |
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| Requirements & documents | Must have proof of employment and income |
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Figures are as listed by each lender and can change. Check the lender's site before you apply.
Other Ways To Cover A Short Gap
Check Out Your City Services
Call 2-1-1 or visit 211.ca to find local programs that help with rent, food, utility bills and other essentials. The service is free and confidential, and many of the programs it connects you with offer support you never have to repay.
