What are Payday Loans at Payday Hero?

Payday Hero offers fast, short-term loans aimed at helping Canadians manage unexpected financial needs. Our loans are designed for quick online application, making it easy to access funds when you need them most.

How do Payday Loans work at Payday Hero?

It's straightforward: fill out our simple online form, receive approval, and get the money deposited directly into your bank account, usually within 30 minutes. Repayment is tailored to align with your pay cycle, providing flexibility.

What sets Payday Hero loans apart?

Payday Hero stands out due to our flexible repayment options and clear, upfront fee structure. Our priority is to ensure you fully understand your loan terms before committing, with no hidden charges.

Do I need good credit to qualify for a loan at Payday Hero?

No, good credit is not a requirement. As long as you have a reliable source of income and meet our basic criteria, you can qualify for a loan with Payday Hero, regardless of your credit history.

What interest rates does Payday Hero charge?

Our loans carry an average annual percentage rate (APR) of 391%. However, the actual rate and fees will depend on the loan amount and repayment period selected.

What documents do I need to apply for a Payday Loan?

Typically, you'll need a recent pay stub, proof of ID, and 90 days of banking history. However, the entire application process can be completed online, making it easy and hassle-free.

Are there any hidden fees at Payday Hero?

No, we believe in complete transparency. All costs, including interest and fees, are clearly outlined before you agree to the loan terms, so there are no surprises.

Can I repay my loan early?

Absolutely. You're welcome to pay off your loan at any time, with no penalties. Early repayment could also reduce the total interest you owe.

How quickly can I receive my funds from Payday Hero?

Once your application is approved, we typically transfer the funds to your account within 30 minutes, ensuring you get access to the money fast.

How do I apply for a loan at Payday Hero?

Applying for a loan is easy. Complete the quick online form, and our team will review your application and guide you through the rest of the process.

Fast Payday Loans Online - Quick Cash, Easy Approval!

Payday Hero

1 Create Account
2 Application Details
3 Employer Verification
4 References
5 Review

Application Details

Step 2 of 5 | Application ID: -----

Loan & Payment Terms Request

Loan Amount ^*

Payment Frequency ^*

Address Information ^*

Enter Address Manually

No Address

Payday Hero

1 Create Account
2 Application Details
3 Employer Verification
4 References
5 Review

Employer Details

Step 3 of 5 | Application ID: -----

Loan & Payment Terms Request

Payday Hero will be conducting an Employment Verification only. During this stage, Payday Hero does not answer questions, or disclose any information.
We are verifying that you are an active employee.

Want to hit our priority list? Many payroll companies offer a login that allow you to download a letter of employment. Please submit this by email when your application is done to support@paydayhero.ca and we will expedite your application.

Unemployed / EI / Fixed Income? Do NOT mark that you are employed. If you mark yourself employed and put a company name, and you are actually receiving fixed, government income, the system will automatically decline you for misleading your application details.

Employment Status ^*

Employer ^*

Employer Phone Number ^*

Job Position ^*

Employer Address

Enter Address Manually

Payday Hero

1 Create Account
2 Application Details
3 Employer Verification
4 References
5 Review

Personal References

Step 4 of 5 | Application ID: -----

Reference & Identity Confirmation

Payday Hero will be conducting a Personal Reference Check. During this stage, Payday Hero does not answer questions, or disclose any information.
We are verifying that you are who you say you are.

Reference 1

First Name

Last Name

Phone Number

Email

Relationship

Reference 2

First Name

Last Name

Phone Number

Email

Relationship

Payday Hero

1 Create Account
2 Application Details
3 Employer Verification
4 References
5 Review

Confirm Your Loan Request

Step 5 of 5 | Application ID: -----

Are you planning to declare bankruptcy or file a consumer proposal within the next six months?

IMPORTANT: If you declare bankruptcy or file a consumer proposal before your contract ends, you may be charged with fraud under bankruptcy and insolvency law.

By confirming below, you are certifying that all the information you have provided is accurate and up to date. You also agree to the terms and conditions set forth by Payday Hero.

Paperless Loan Application

Powered by Instant Bank Verification (IBV), we provide a quick and secure loan process:

Quick decisions
Streamlined process
Completely secure
No need for physical paperwork

Once you submit your application, you will be redirected to complete the IBV process instantly.

I consent to the transmission of my personal information to Payday Hero for the purpose of loan adjudication, providing services to customers, and managing internal processes, including reviewing and improving customer service. I understand that my personal information will be handled in compliance with all applicable laws and regulations.

Payday Hero

1 Create Account
2 Application Details
3 Employer Verification
4 References
5 Review

Banking Information

Please provide your banking information for payment and repayment.
This process helps us prevent fraud and validate your identity.

Please note the bank verification may take 3-5 minutes.