Rate & Terms for Online Payday Loans
PayDayFinders.ca is a free service to those in search of quick, short-term financial relief. We have agreements with independent and reliable licensed payday loan lenders, in which we attempt to match you (based on the information you provide) with a lender willing to give you a payday loan. Our online process is designed to get you the money you need with as little hassle as possible.
If your details match the criteria of one of our lenders on our panel, we will forward your details to that lender who will let us know quickly whether they wish to consider your application further. If the lender asks to be provided with your application details, you will be forwarded to that lender's website where you may be asked to complete the lender's online application or additional information.
Your application will be subject to further assessment by the lender. If the lender accepts your application, you will enter into a credit agreement with that lender. Your loan agreement with that lender will be displayed online for you to sign.
The leading payday lenders who we work with have their own set of fees. Usually the loan amount, plus fees, will automatically be withdrawn from your bank account on your next payday although the specific details about how and when payment will be collected varied from lender to lender. You should read your credit agreement to ensure you understand all fees and charges as well as your repayment obligations.
Please be sure that you read the agreement and terms and conditions provided by the independent payday loan lender. Rates and terms vary from lender to lender.
Maximum PayDay Loan Amount
The maximum loan amount for Canada residents will be $1500. Please note that the average first time payday loan amount varies between $185 to $200.