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Mr. Payday: Overview

For more than 15 years, Mr. Payday has been a provider of payday loans for borrowers living in British Columbia, Alberta, and Ontario. Applications sent in online are often approved in as little as 30 minutes and funds will be deposited directly into your bank account within the same day. Rates may vary depending on your province, but typically range between $15 and $17 per $100 you’re approved for. Take a look at their website today to apply.

Services & Products

Mr. Payday Offered Services

Payday Loan

Loan Range
$100 - $1,500
Interest Rate
15% - 17%
Terms (Months)
14 -31 days
Funding Time
Within 24 hours
Funding Method
Interac e-Transfer
Repayment Options
Automatic debit  
Eligibility
Steady income With same employer for at least 2 months Active chequing account Paid via direct or cheque Minimum income of at least $1000 Working phone number
Requirements & Documents
n/a

Reviews

Reviews & Rating

Reviews From Experts

Sean Cooper avatar on Loans Canada

Mr. Payday has been around since 2002, quite impressive for a lender in this space. Its website has video content, a good list of FAQs and a toll-free phone number, although I couldn’t find its email address. There are lots of areas of improvement though. It hasn’t posted on social media in years, its website looks dated and it could be clearer about the qualification criteria.

Application simplicity

Reputation

User experience

Information and transparency

Accessibility

Written by: Sean Cooper
Posted on July 24, 2019

See what others have to say about Mr. Payday

Happy that I got my money quickly.

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