Testimonials

Surprised Customer

We applied for a payday loan because of some sudden financial troubles. Needless to say, we were quite surprised with the service and how fast we were able to get a money loan.

Brent & Annette H.

Happy Customers

With four children unexpected bills just seem to pop up. Although I was skeptical at first, it worked out great. I received the money loan I needed and it was completely confidential.

Jacklyn F.

Client Testimonial

I ran a little short this paycheck, but it was great to be able to go to MoneyLoans.ca. I was able to cover my bills in less than an hour and I couldn't be happier with the services provided!

Beverly Z.

Types of Money Loans:

Payday Loans
Cash Advance
Payday Advance
Personal Loans

Frequently Asked Questions


At MoneyLoans.ca, we understand that you may have questions and concerns
about receiving a payday money loan. Our frequently asked questions section is devoted to providing you answers on the most commonly asked questions. All you have to do is click a question and it will take you to the answer!



1. What is a money loan or payday loan? Top

A payday money loan is a short-term cash loan that allows a customer to receive cash from a lender. A payday loan works by allowing you to borrow money against your next paycheck.


2. Can I qualify for a payday money loan? Top

Yes, you can get qualified in minutes, simply complete the online application form. In general, consumers must have an open bank checking account in good standing with an ability to accept direct deposits and regular income. Most lenders require that the borrower be at least 18 years old and make a minimum of $15,000 per year.


3. How much money can I get? Top

You can receive a loan from $100 to $1500. The loan amount you are approved for will be determined by the lender assigned to your application. All applications will be handled by Canada's top lenders.


4. How do I get the money? Top

After your money loan is approved, the cash is electronically deposited directly into your checking account.


5. Can I still get a loan if I have bad credit or a bankruptcy? Top

Yes! Remember, bad credit is okay and your credit rating doesn't matter. Bankruptcy, charge offs, bounced checks, and other credit issues don't affect your ability to get a payday money loan or cash advance.


6. How long does it take to fill out the application? Top

Our simple and easy to use online application form will take you minutes to complete. Your application will be approved instantly and many money loans are funded the same or very next business day!


7. Will I need a fax machine or printer? Top

No, most of our Canadian payday loan lenders provide a faxless money loan application. You may need access to a printer to print the loan documents. In some cases, the lender assigned to your application may require that you fax in additional information, such as a copy of your recent pay stub or bank statement. Staples, Office Depot, and other stores offer fax services if you do not have access to a fax machine.


8. How much does it cost? Top

The fees will vary depending on the amount of your cash advance and the province you reside in. Rest assured that your lender will notify you of the exact fee for your loan at the time your application is submitted. Even after you submit your application, it is completely up to you whether or not you accept the money loan offered to you.


9. If I already have a payday loan outstanding, can I still qualify for a new loan? Top

Yes, of course! Even with another cash loan outstanding, you may still qualify for a online money loan or payday loan. It is important that you disclose the outstanding loan on your application form though.


10. How and when do I repay the loan? Top

Don't worry, the loan amount and loan fees are automatically withdrawn from your checking account on the due date of your loan. You don't even need to think about it as you won't need to make any payments or visit any store. If you don't think you will be able to pay your loan on time, you can also request an extension by contacting your lender before the due date. There may be additional fees that apply to loan extensions.


11. What if I cannot repay the loan when it is due? Top

No problem, simply request an extension from your lender! It couldn't be easier. It is important to let your lender know ahead of time and there may be additional fees on an extension.


12. How do you protect my private information? Top

Your privacy is protected by state-of-the-art security technology. Every piece of information is securely encrypted with a 256-bit SSL certificate to ensure your complete privacy and security. You can find more details by reading through our Privacy Policy section of the site.


13. When can I apply for another loan? Top

You can apply for additional loan after just 72 hours! You can apply for a loan as many times as you want. If you have already been approved for a loan, it is important that you disclose that information on your next application.


14. How do I extend or refinance an existing loan? Top

In order to do this, you will have to contact your lender directly. Your lender's contact information will be emailed to you at the end of the MoneyLoans.ca application process. Your lender will deal directly with any questions you have about application approval, cancellations, extensions, payment information etc.


15. How do I change or update my personal information? Top

You can change your personal information the next time you apply for a money loan. Simply change the information that needs changing and when you submit the application, this information will then be updated in our system.