Payroll Loans: What is a Payroll Loan?

It's a private and confidential way to get an advance on your next paycheque.

Sometimes unexpected expenses creep up at the worst possible time. Car repairs, home repairs, emergency trips and medical bills, for example, can mess up even the most balanced budget. As well, penalty fees on returned cheques can add up fast, making the problem much worse.

Payday Loans can come to the rescue with the money you need, when you need it the most. Just write us a personal cheque for the amount, or a client pre-authorization withdrawal form and for a small fee, we will advance you up to $500 and hold your cheque until the next payday. All you need to provide is proof of a steady job, an active chequing account, and the following items:

• 2 Pieces of ID
• Current pay stub
• Current 30-day bank printout (including printout up to current date)
• Current phone bill (land line only)
• Cell phone bill with a fixed utility or current bank statement
• Cheque to Post Date
  
  

Frequently Asked Questions (FAQ's)

1. What are the specific requirements to qualify for a payday loan?
   You must have a steady job and have been employed for at least 3 months full time. You must also have a current chequing account; free of NSF's for at least 90 days prior. Finally, your net income must be at least $800 per month.
   
   
2. What is the charge for getting a payday loan?
   The charge is $20 per $100 on the amount of the till your next pay day
   
   
3. How long does it take to get the payday advance?
   15 minutes.
   
   
4. Is my transaction private?
   Yes!
   
   
5. What if I have poor credit or have previously declared bankruptcy?
   No problem! As long as you have a steady job and have met the other, previously mentioned, requirements.