Frequently Asked Questions

1. What are payday loans?

A Payday loans are a short term solution for immediate cash needs. They can be used to pay your bills, emergency expenses or any other purpose you may have. Amounts vary from $100 to $1500 and repaid on your payday.

2. When will I receive the funds?

In most cases a loan is reviewed and approved in 24 hours. If you apply over the weekend it will most probably be reviewed on Monday and show as cleared funds in your account by Tuesday.

3. How much money can I receive?

The amount of cash you can receive depends on your net income, credit history, and history with the lender that approved your loan. Subject to status, repeat customers can receive up to $1,500. First time loans may be smaller.

4. How do I know that my payday loan is approved?

Your loan is approved when you see the funds in your bank account. Please check your bank account on the funding date shown in your agreement to determine whether your loan has been approved and funds transferred. The loan status shown in your bank account may not show cleared funds until the next business, depending on your bank

5. In what provinces are payday loans available?

Currently, our payday loans are available in Alberta, British Columbia and Ontario. We are planning to offer our convenient loan services in other provinces very soon.

6. What is your qualification criteria for a payday loan?

You must:

Be at least 18 years of age
Have an active bank account where your salary is paid into
Be employed
Be a resident of Alberta, British Columbia or Ontario

7. What if I don’t have good credit?

We appreciate a lot of people don’t have good credit and we can still help. Even if you have bad credit you may be able to get a loan with us. As long as you are not currently in a state of bankruptcy you have a good chance of being approved. If you have defaulted with us in the past you may not be able to get an additional loan.

8. Do you run credit checks?

Most lenders run credit checks to verify your application, protect against fraud and determine the loan amount they are willing to extend to you.

9.What is the fee for my payday loan?

The fee is a flat $21 for every $100 borrowed. There are no hidden charges.