Payday Loans Manitoba

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		Provider	Loan Amount	Rate	Term (Months)	Rating
0	0		Up to $50,000	Prime – 46.96%	3 - 120	Up to $50,000
8	1683676800		$15,000	5.95%	Up to 60 months	$15,000
100	1666051200		$20 - $100	0%	-	$20 - $100
100	1643932800		$500 - $15,000	+18.9% APR	6 - 60	$500 - $15,000
11	1639094400		$1,000 - $15,000	29.9% - 46.9% APR	12 - 60	$1,000 - $15,000
7	1637280000		$5,000 - $50,000	5.75% - 22.99%	Up to 84	$5,000 - $50,000
100	1623369600		Varies	0%	6 or 8 weeks	Varies
7	1620777600		Up to $35,000	9.99% - 46.96%	6 - 60	Up to $35,000
17	1607558400		$500 - $50,000	6.99% - 46.99%	12 - 36	$500 - $50,000
100	1598918400		$1,000 - $15,000	-	-	$1,000 - $15,000
100	1598832000		$500 – $15,000	+ 25.99%	9 - 60	$500 – $15,000
100	1595980800		$200 - $1,200	25% - 32%	-	$200 - $1,200
100	1593561600		-	0+	2 - 60	-
100	1582243200		-	-	Up to 60	-
100	1580947200		-	-	-	-
9	1580860800		$500 - $5,000	-	12 - 24	$500 - $5,000
100	1580860800		$350 - $1,000	-	2 - 12 weeks	$350 - $1,000
2	1580860800		$1,600 - $25,000	19.99% APR	36 - 60	$1,600 - $25,000
10	1580774400		$1,000 - $25,000	7.5% - 31.5% APR	36 - 60	$1,000 - $25,000
100	1579478400		$100 - $1,500	-	-	$100 - $1,500
100	1579478400		Up to $3,200	-	-	Up to $3,200
100	1579219200		$100 - $25,000	+4.9%	-	$100 - $25,000
100	1576713600		-	Up to 35%	-	-
18	1576713600		$500 - $100,000	6.99% - 14.99%	12 - 240	$500 - $100,000
100	1575590400		1800- 2900	15.99%	23 - 36	1800- 2900
100	1562198400		$500 - $15,000	15.99 - 39.99%	6 - 60	$500 - $15,000
100	1560124800		Up to $15,000	29.99% - 46.96%	9 - 60	Up to $15,000
9	1545955200		Up to $20,000	18.99% - 24.99%	36 - 84	Up to $20,000
8	1552262400		$1,000 - $15,000	19.90% - 46.90%	12 - 60	$1,000 - $15,000
100	1569974400		$500 - $50,000	15 - 30%	-	$500 - $50,000
100	1551830400		$1,000 - $15,000	19% - 46.95%	6 - 60	$1,000 - $15,000
100	1551398400		Up to $1,500	15% - 19%	14 days	Up to $1,500
100	1551398400		$500 - $1,000	28% - 32%	-	$500 - $1,000
100	1551398400		-	-	14 days	-
100	1551139200		$5,000 - $35,000	9.9%+	6 - 60	$5,000 - $35,000
100	1550534400		$300 - $25,000	7.95%+	36 - 60	$300 - $25,000
100	1550534400		Up to $1,500	Up to 59% APR	14 days	Up to $1,500
19	1550534400		$2,500 +	-	-	$2,500 +
100	1550534400		$300 - $1,000	38% APR	3 - 4	$300 - $1,000
100	1549238400		$500 - $1,000	28% - 32%	4 - 5	$500 - $1,000
100	1549238400		$250 - $1,000	29% APR	3 - 4	$250 - $1,000
20	1548720000		$500 - $1,000,000	7.9%	12	$500 - $1,000,000
100	1548720000		$1,000 - $50,000	4.6% – 49.96%	3 - 60	$1,000 - $50,000
100	1548633600		$300 - $7,500	29.9% - 39.9%	6 - 60	$300 - $7,500
100	1548633600		$50 - $1,500	-	14 days	$50 - $1,500
100	1545955200		Up to $20,000	19% - 49%	36 - 48	Up to $20,000
100	1545264000		$500 - $10,000	12.99% – 39.99%	9 – 36	$500 - $10,000
1	1543622400		Up to $50,000	19.99% - 39.99%	6 - 120	Up to $50,000
100	1545264000		$500 - $12,500	19.99%+	12 - 60	$500 - $12,500
100	1545350400		Up to $1000	30%	3 - 5	Up to $1000
100	1545350400		Up to $5,000	60%	6 - 60	Up to $5,000
100	1545350400		$500 - $2,500	29% - 46.95%	6 - 36	$500 - $2,500
100	1545350400		$500 - $1000+	28%-32%	3	$500 - $1000+
100	1545350400		$500 – $750	28% – 34.4%	3	$500 – $750
100	1545350400		$300 - $1500	27% - 35%	3 - 4	$300 - $1500
6	1545264000		$500 - $100,000	Starting at 29.99%	9 - 84	$500 - $100,000
5	1545177600		$1,000 - $35,000	5.99% - 29.19%	36 - 60	$1,000 - $35,000

		Provider	Loan Amount	Rate	Term (Months)	Rating
0	0		Up to $50,000	Prime – 46.96%	3 - 120	Up to $50,000
8	1669852800		$500 - $300,000	-	2 - 24 months	$500 - $300,000
100	1648512000		$10,000 - $250,000	Varies	6-12	$10,000 - $250,000
100	1620345600		-	-	12 - 60	-
100	1611878400		$5,000 - $30,000,000	-	Up to 18	$5,000 - $30,000,000
17	1607558400		$500 - $50,000	6.99% - 46.99%	6 - 36	$500 - $50,000
100	1598918400		-	-	-	-
100	1585612800		-	0.9% - 12%	6 months - 5 years	-
100	1581984000		$10,000 - $10,000,000	6% - 12.5%	-	$10,000 - $10,000,000
100	1581033600		-	-	-	-
100	1581033600		-	-	-	-
100	1581033600		-	-	-	-
100	1580947200		-	-	-	-
100	1580947200		$10,000 - $1,000,000	-	-	$10,000 - $1,000,000
100	1580860800		-	-	-	-
100	1580860800		-	-	-	-
100	1580860800		-	-	-	-
100	1580860800		-	-	-	-
100	1580860800		$5,000 - $1,000,000	-	-	$5,000 - $1,000,000
100	1580860800		-	-	-	-
100	1580860800		-	-	-	-
100	1580860800		up to $250,000	-	-	up to $250,000
100	1580860800		-	-	-	-
100	1580688000		Up to $10,000	-	-	Up to $10,000
100	1580256000		$5,000 - $500,000	-	6 - 18 months	$5,000 - $500,000
100	1579478400		-	-	-	-
100	1579478400		$10,000- $30,000,000	Min 4.95%	-	$10,000- $30,000,000
100	1579478400		-	-	12 - 120	-
100	1579478400		-	-	24 to 60	-
100	1579478400		-	-	-	-
100	1579478400		-	-	-	-
100	1579046400		-	-	-	-
100	1577059200		-	-	-	-
100	1577059200		-	-	-	-
100	1577059200		-	-	-	-
100	1575849600		$5,000 - $150,000	15% +	6 - 24	$5,000 - $150,000
100	1575849600		Up to $250,000	-	-	Up to $250,000
100	1575590400		-	-	-	-
100	1575590400		-	-	-	-
1	1545955200		$5,000 - $150,000	Fee-Based: Starting at 9%	12 - 60	$5,000 - $150,000
100	1552953600		-	-	-	-
100	1552262400		$500,000 - $10,000,000	-	-	$500,000 - $10,000,000
100	1552262400		Up to $250,000	-	Up to 10 years	Up to $250,000
100	1552262400		-	-	-	-
100	1552262400		Up to $1,000,000	-	-	Up to $1,000,000
100	1551830400		$10,000+	-	Up to 15 years	$10,000+
100	1551830400		Up to $1,000,000	-	Up to 15 years	Up to $1,000,000
100	1551830400		Up to $500,000	-	Up to 10 years	Up to $500,000
100	1551830400		$5,000 - $10,000	-	Up to 7 years	$5,000 - $10,000
100	1551398400		$3,500+	-	-	$3,500+
100	1551398400		$10,000 - $1,000,000	4% - 14%	12 - 84	$10,000 - $1,000,000
100	1551139200		Up to $75,000	-	Up to 18	Up to $75,000
100	1550534400		$500-$50,000	0.5% weekly	12 week cycles	$500-$50,000
100	1550534400		$1,000 - $1,000,000	6% - 20%	-	$1,000 - $1,000,000
100	1550534400		Up to $5,000,000	4.5%	24 - 72	Up to $5,000,000
100	1550534400		$5,000 - $200,000	-	-	$5,000 - $200,000
100	1549411200		$50,000 - $12,000,000	-	24 - 96	$50,000 - $12,000,000
100	1549411200		$5,000 - $1,000,000+	-	1 - 60	$5,000 - $1,000,000+
100	1549238400		$5,000 - $1,000,000	-	3 - 24	$5,000 - $1,000,000
100	1548720000		$5,000 - $5,000,000	-	4 - 18	$5,000 - $5,000,000
100	1548720000		Up to $100,000	6.05% +	60	Up to $100,000
100	1548720000		$10,000+	18% - 22%	-	$10,000+
100	1548720000		$10,000 - $300,000	4.70% - 5.45%	-	$10,000 - $300,000
5	1545177600		$1,000 - $35,000	5.6% – 25.5%	36 – 60	$1,000 - $35,000
100	1545264000		$5,000 - $250,000	-	3-18	$5,000 - $250,000
100	1545264000		$5,000 - $150,000	-	3 - 24	$5,000 - $150,000
100	1545350400		$5,000 – $100,000	15% +	12 – 18	$5,000 – $100,000
100	1545264000		$5,000 – $100,000	Starting at 6.87%	3 – 18	$5,000 – $100,000
100	1545177600		$5,000-$250,000	8% - 29% APR	6 - 18	$5,000-$250,000
100	1545177600		$5,000 – $500,000	Starting at 5.9%	3 – 60	$5,000 – $500,000
100	1545264000		$500 - $10,000	12.99% – 39.99%	9 – 36	$500 - $10,000
100	1561507200		Up to $300,000	-	-	Up to $300,000

		Provider	Loan Amount	Rate	Term (Months)	Rating
0	0		Up to $50,000	Prime – 46.96%	3 - 120	Up to $50,000
4	1632960000		Up to $50,000	14.9% +	12 -72	Up to $50,000
6	1624233600		Up to $50,000	29.99% – 46.96%	12 - 96	Up to $50,000
17	1607558400		$500 - $50,000	-	24 - 60	$500 - $50,000
100	1594339200		-	-	-	-
6	1582761600		-	11.9% - 22.9%	Up to 84	-
100	1581033600		-	+ 4.9%	-	-
100	1581033600		-	-	-	-
100	1580688000		-	-	-	-
100	1579478400		-	-	-	-
100	1579478400		-	-	-	-
100	1578873600		-	+8.99%	-	-
100	1578873600		-	-	-	-
100	1551830400		$5,000 - $10,000	-	up to 84	$5,000 - $10,000
100	1552262400		Up to $250,000	-	12 - 60	Up to $250,000
100	1552262400		Up to $1,000,000	-	up to 96	Up to $1,000,000
100	1551830400		Up to $100,000	-	6 - 96	Up to $100,000
100	1551830400		$10,000+	-	12 - 96	$10,000+
100	1551830400		Up to $1,000,000	-	up to 96	Up to $1,000,000
100	1577059200		-	-	up to 72	-
100	1577059200		-	-	-	-
100	1575849600		-	Starting at 4%	Up to 84	-
100	1575849600		$5000 - $45,000	4.90 % - 29.95% APR	36 - 72	$5000 - $45,000
100	1575849600		-	-	-	-
100	1575590400		-	-	-	-
100	1575590400		-	-	-	-
100	1575590400		-	14.5% to 29.9%	-	-
100	1575504000		-	-	-	-
100	1574985600		-	-	-	-
2	1569974400		$7500 - $59,995	3.95% +	12 - 96	$7500 - $59,995
100	1562112000		-	Up to 49.9%	-	-
5	1561507200		Up to $50,000	-	-	Up to $50,000
100	1561507200		-	-	-	-
100	1561507200		-	-	Up to 84	-
1	1560124800		Up to $100,000	3.99% - 19.9%	24 -96	Up to $100,000
100	1551830400		Up to $30,000	-	-	Up to $30,000
100	1548720000		-	-	-	-
100	1548633600		-	4.2%+	-	-
100	1545955200		Up to $20,000	19% - 49%	36 - 48	Up to $20,000
100	1545264000		$500 - $10,000	12.99% – 39.99%	9 – 36	$500 - $10,000
100	1545177600		Up to $50,000	-	-	Up to $50,000
100	1545177600		$5,000 – $40,000	-	12 – 72	$5,000 – $40,000
100	1545177600		-	-	Maximum 84	-

		Provider	Loan Amount	Rate	Term (Months)	Rating
0	0		Up to $50,000	Prime – 46.96%	3 - 120	Up to $50,000
100	1545955200		Up to $20,000	19% - 49%	36 - 48	Up to $20,000
100	1545264000		Up to $25,000	-	12 - 60	Up to $25,000

		Provider	Loan Amount	Rate	Term (Months)	Rating
0	0		N/A	N/A	N/A	N/A
100	1627344000		-	1.94% - 2.45%	12 - 60	-
100	1617926400		-	1.69% - 3.49%	12 - 84	-
100	1581033600		-	2.74% - 6.30%	12 - 120	-
100	1580947200		-	-	-	-
100	1580860800		-	-	-	-
100	1580860800		-	2.64% - 4.45%	12 - 120	-
100	1580860800		$50,000+	2.74% - 3.49%	12- 120	$50,000+
100	1580860800		-	-	36 - 60	-
100	1580860800		-	-	-	-
100	1580860800		-	-	-	-
100	1580688000		-	2.79% - 6.00%	6 - 60	-
100	1579478400		-	2.74% - 3.70%	6 - 120	-
100	1579219200		$10,000+	Upon request	Upon request	$10,000+
100	1578873600		-	-	-	-
100	1578873600		-	2.69% - 3.95%	6 - 120	-
100	1577059200		-	-	-	-
100	1577059200		-	--	-	-
100	1577059200		-	2.84% - 7.30%	-	-
100	1574985600		$100,000 - $750,000	-	12 - 120	$100,000 - $750,000
100	1574899200		min 25,000	3.89.% - 4.84%	12 - 60	min 25,000
100	1574899200		-	2.23% - 4.45%	-	-
100	1560124800		-	2.89% - 3.79%	-	-
100	1548806400		$10,000 - $1,500,000	Varies	12 - 24	$10,000 - $1,500,000
100	1548720000		-	2.41% - 3.84%	-	-
100	1548720000		-	-	-	-
1	1517097600		$10,000+	Based on equity	-	$10,000+

		Provider	Services	Rating
0	0		Debt Consolidation Program, Debt Settlement Program, Consumer Proposal, Bankruptcy Consultation	N/A (Referrer)
100	1576540800		Credit Counselling, Bankruptcy, Consumer Proposal
100	1576540800		Credit Counselling, Debt Management Program
100	1576368000		Credit Counselling, Debt Management Program
100	1576454400		Debt Restructuring, After Care - Credit Rebuilding Program, Corporate Debt Restructuring

Can You Get A Payday Loan In Manitoba?

If you’re a resident of Manitoba and need access to fast cash, a payday loan may be an option. These short-term loans are available in Manitoba and provide small loans up to $1,500 to help you cover a variety of urgent expenses.

Loan terms can be as little as a couple of weeks to no more than 62 days, which means you’ll need to be able to come up with the money to repay the loan, plus interest, within a very short period of time. 

Payday loans are very easy to qualify for. You can get approved even with bad credit. Approval decisions are made very quickly, and the funds are typically available within the same business day.

Keep in mind that payday loans in Manitoba are among the most expensive loan types around. Every province has its own regulations surrounding maximum charges on payday loans, and in Manitoba, payday lenders cannot charge any more than $17 per $100 borrowed.

Types Of Payday Loans You Can Get In Manitoba

You can apply for payday loans in person by visiting a payday lender’s physical storefront, but there are other variations that make applying for this short-term loan easier and more convenient:

Online Payday Loans

You can apply for a payday loan online on a lender’s website. The entire application and funding process takes place virtually without the need to visit a brick-and-mortar location. The funds will typically be sent to you via direct deposit shortly after approval.

E-transfer Payday Loans

Some payday lenders fund via e-transfer. As long as you have an active email address, you can access your borrowed funds within a few minutes after being approved.

Weekend Payday Loans

Some lenders don’t work on weekends, which means if you apply for a payday loan outside of business hours, you’ll need to wait until opening time on Monday morning to get your money. But weekend payday lenders operate 7 days a week, including on weekends, which means you can get your money any day of the week.

What Are The Requirements For A Payday Loan In Manitoba?

To be eligible for a payday loan in Manitoba, you’ll need to meet the following criteria:

• Be 18 years old or older
• Be a Canadian citizen or permanent resident
• Have a valid address
• Have a reliable source of income
• Have an active bank account in Canada that can receive direct deposits
• Have an active email address to receive e-transfers

Different lenders may have slightly varied criteria, so it’s important to verify the exact requirements with your payday lender before applying. 

How To Calculate The Cost Of A Payday Loan In Manitoba?

Payday lenders in Manitoba are not permitted to charge more than $17 per $100 borrowed.  

Since it can be tough to determine on your own how much your payday loan will cost you, make sure to ask your lender. If they’re a legitimate organization, they’ll be legally required to tell you exactly how much your loan you’ll owe by the end of your term, as well as provide you with any other information about their payment process.

Other Costs To Consider When Getting A Payday Loan In Manitoba 

Other costs you should consider when getting a payday loan in Manitoba are the potential fees you may be charged due to missed or late payments. This may include late penalty fees, NSF fees and overdraft fees. For example, in Manitoba, lenders cannot charge more than $20 for a returned cheque.

Payday Loan Regulations In Manitoba

Since payday loans are not completely outlawed in Canada yet, the government has established some basic rules that all lenders must follow if they want to operate legally. They’ve done this in an effort to control the amount of debt they can create.

Risks Of Payday Loans

• Scammers – The payday lending space is a common playground for scammers. When taking out a payday loan, ensure that the lender is reputable. 
• Loan rollovers – There are no rules against loan rollovers, so there’s a greater chance you’ll get stuck into a cycle of debt.

When Should You Use A Payday Loan In Manitoba? 

Because of the massive financial hardship they can cause for Manitoban borrowers, payday loans should only be used when you:

• Have no other option (you don’t qualify for credit cards, other loan products, etc.)
• Have a dire financial emergency on your hands (no money for rent, food or other necessary living expenses, etc.)
• Are absolutely certain that you can afford to pay your loan in full, with interest, by the end of your first two-week payment period

How To Spot An Illegitimate Payday Loan Lender In Manitoba?

For theoretical purposes, let’s say you’ve exhausted all your other options and a payday loan is your last resort. It’s very important to realize that not all of these organizations are legitimate. While some payday loan sources are simply predatory in nature, others are actually scam artists trying to steal your financial and personal information.

• They have no reputation to examine. When you’re applying for any credit product in Manitoba, it’s essential to do prior research. Make sure they’re a legitimate enterprise by checking customer reviews and looking up their company in the Better Business Bureau database. Most payday loan lenders will also have a physical location you can visit to confirm their legitimacy or report to the authorities if you’re mistreated.
• They try to manipulate you. While every salesperson has their method of sweet-talking you into buying their merchandise, be very careful when it comes to payday loans or any product that requires your banking information. If it seems like the salesperson is pressing you for your information, but telling you very little about the supposed loan, don’t give them anything.
• They won’t let you walk away or they use abusive tactics. Remember, scam artists are sneaky. They may even threaten you or use inappropriate language to scare you into handing over your information or to get you to pay what you owe. If this happens, report them immediately and don’t give them anything else.

Alternatives You May Have In Manitoba

Depending on how much debt you have, what your finances and credit look like, and how large your expenses are, you can also try:

• Personal/installment loans
• A home equity loan or line of credit
• A vehicle title loan (as long as you own a vehicle)
• A debt consolidation loan
• A debt management program
• A consumer proposal

Additional Reading

Can I Have Multiple Payday Loans At The Same Time?

Get A Small Installment Loan Instead Of A Payday Loan

How To Get Payday Loans With Government Benefits Canada

Payday Loans In Manitoba

Bottom Line

Still looking for some options to avoid payday loans or to help you break your payday loan cycle? It’s a good thing that you’ve found Loans Canada. Our team is here to set you up with the right financial aid for your debt situation. Apply today for a solution!