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When you are in need of quick cash, Mr. Payday Has got you covered! We have been helping Canadians with their short term loan needs since 2002.

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How Our Loan Process Works


Apply Online

Applying for a loan with Mr. Payday is easy and fast. Fill out our simple and secure application form.


Get Approved

It usually takes about 30 minutes to get approved for a payday loan during our business hours.


Instant Funding

Once your loan application is approved, you will receive an e-mail money transfer withing 30 minutes.

What Our Customers Have To Say

Important Things To Consider Before Applying For Personal Loan With Bad Credit

Picture of family that got Personal Loan With Bad CreditWhen seeking for a loan, you will always wish to get it from a financial institution that ensures a fast application and approval process. This has been made possible by the developments in IT. It happens that when one is seeking for a loan, he can manage to search and get a loan company, make an application for the loan and get it within one day. That is wonderful stuff especially when you are in desperate need of cash. As mush as it appears simple to apply and get a loan, there are few people who always find themselves in uncomfortable situations whenever they feel like they need to get a new loan. You could be one of those people with a bad credit history and you could be wondering how you can get a loan while having a bad credit score. Don’t you worry if your credit report indicates that you have a bad credit score and you still need to borrow a loan? Thousands of people are on bad credit score but then they still get loaned. You are no exception. You can get loaned too though you may need to be a little bit proactive and get a good company to offer you personal loan with bad credit.

Things To Remember When Seeking For A Personal Loan With Bad Credit

  • Personal loans are offered to people who are employed but at the same time it needs one to make online applications by giving the right information
  • The loans can be approved within one day, even though it might vary from one lending company to another
  • There is always a high interest when people seek for this type of loans. Always get it from a lending company with cost effective interest rates

Personal Loan With Bad Credit Video

Applicants for personal loan with bad credit need to be very aggressive when making their loan applications. Not very many companies are willing to offer you a loan while you credit card score is zero. Perhaps there, are few questions that you have been thinking about and you need answers before you make an application. Remember the loans are offered to customers who make online applications. Therefore when making any type of application, you should do it on the internet. You are likely to get approved for the loan as soon as possible. This depends with the company you are applying from. Generally, the application and approval process could take one full day.


You should also take time and ascertain how much money you need to borrow when going for a personal loan with bad credit. This is a very important question that you should ask yourself before making any attempt to borrow the loan. By ascertaining how much you need to borrow, you can also get a rough estimate of the total amount that you will spend on the loan. When borrowing any type of loan for personal purposes, it is very important for an individual to do a thorough research before finally making an application. Where possible, you need to check your credit worthiness, your income and expenditures before going for this type of loan.


It has been ascertained that having a negative credit score is not a reason enough that should prevent you from borrowing personal loans. Loan applicants for this type of loans ought to convince the loan panel that they have stable job and income for them to qualify for the loan. It therefore implies that when going for this type of loan, you need to ask yourself if you have a good paying job and whether the income earned can service the loan. People who are employed have a higher chance of getting the loan.