Do I qualify?
To qualify, you must:
Being older than 18
be employed full-time for at least 3 months
bring home over $ 700 a month after taxes
have a bank account
be paid by direct deposit
Before applying for a loan
How long does the application last?
Applying online for a Guaranteed Payday Loans or Cash Advance with Payday King is fast and easy !! It takes less than five minutes from start to finish!
How much can I borrow?
You can borrow from $ 100 to $ 1,000, depending on your personal situation. As a general rule, new clients will only be approved up to $ 150. Once you have established a positive balance sheet with us, the amounts you can borrow on subsequent loans will increase. If you are approved before 2:00 pm EST, Monday through Friday, your loan funds will be deposited electronically into your account by 6:00 pm EST. On weekends and for regular customers, we will send, at our discretion, funds transfers via email or EMT. EMTs are usually received by a customer within 20 minutes of our shipment.
Can I get a payday loans?
If you are over 18, if you work full time and have direct deposit of your salary, you are probably a good candidate for the qualification. Please note that we do not provide loans to residents of Alberta, British Columbia, Manitoba and Saskatchewan.
How much does it cost?
Payday King offers short term loans only. The loans you receive from us should NOT be considered as a long-term solution for financial difficulties that may require professional credit counseling.
The annual percentage rate (APR) on a 14-day loan is 546%.
What information do you need?
Our simple online form only requires the following information:
Your date of birth
Your phone numbers and email
Your job and payment details
Your bank details
Why do you need all this information?
We are a responsible lending provider and that means we have to check:
That it is you who subscribe the loan
That you are a full-time employee and that you are / will be able to repay your loan
That we electronically deposit the loan funds into your account and other person’s account
That you can repay your loan in a realistic way
Your bank details
Do you do credit checks?
No, we do not currently account for your credit application. That means you get our loan decision (and your loan funds) faster!
I have a history of credit – will this affect my loan application?
Not necessarily. We review each application based on your situation and recent transactions.
I am not paid by direct deposit. Can I be approved for a loan?
In a word, no. We require that you be paid by direct deposit. This ensures the punctuality of your salary and normalizes the procedure by which we are reimbursed.
Get a payday loan
What do I have to do?
Fill out our quick and easy app online. Once your application is approved, you will need to electronically sign the documentation of your loan agreement. We will do the rest!
When and how will I receive my loan?
If you are approved before 2:00 pm EST, Monday through Friday, your loan funds will be deposited electronically into your account by 6:00 pm EST. On weekends and for regular customers, we will send, at our discretion, funds transfers via email or EMT. EMTs are usually received by a customer within 20 minutes of our shipment.
Can I have two payday loans at the same time?
Yes, if you have a good story with us. For the first time, we generally only allow one loan. Previous payday loans must be repaid before another can be offered. Please remember that we are a responsible loan provider and want to make sure that you will be able to repay what you borrow.
What is EMT or Email Money Transfer?
Interac Email Money Transfers provide a simple, convenient and secure way to send and receive money directly from one bank account to another. All you need is access to online banking through a participating financial institution, and you can send money to anyone with an email address and bank account. Canada – without sharing any personal or financial information. It’s a great alternative to checks and cash. To learn more about email money transfer, click here.
Pay off my payday loan
How can I repay my loan?
Easy – we electronically charge the agreed amount of money back into your account at your next payday – there is nothing else for you to do.
How can I send you a payment via EMT – Email Money Transfer?
If you have a due payment, you can send us the required funds via EMT or Email Money Transfer. Please write to us your EMT at Service@PaydayKing.ca. Use your NAS number as a security question and answer. To learn more about E-mail Money Transfers, click here.
My salary or the details of bank details have changed. What do I do?
If your salary has changed, or if you have new banking details, please contact our customer service team send us an email request at Service@Payday-King.com
How will we handle your complaint
Make it easy for us to talk to you about your complaint
Give your complaint the attention it deserves
Resolve your complaint as quickly as possible
Make sure you are happy with the way your complaint has been resolved
How and where to complain