Flexible Repayment Terms
The minimum repayment term for any borrowed amount is 90 days, with a maximum of 210 days. The term can be extended, and clients can repay at any time, potentially benefiting from fee discounts.
Need cash fast? Payday Hero offers quick, instant loans. Apply today and get approved in minutes with no hidden fees.
Get approved fast and receive a personal loan by e-transfer with an APR of 28% & repayment terms of 60-90 days!
Select your required amount. Amounts approved are between $100 and $1500 each.
Your personal information will be verified as soon as it’s submitted. If your application is not approved, rest assured that all your data will be securely erased from our systems permanently.
Our goal is to respond to you within 24 hours on weekdays and within 48 hours on weekends.
FAST MONEY
Quick Loans - Simple Payments
Flexible & Easy Terms
Choose between 3, 6, or 12 installment loans, apply for a payday loan now!
Discover the benefits of fast, secure, and easy loans with flexible repayment options.
Loans up to $1,500 are available to help you with your financial needs.
Benefit from receiving your loan disbursement by Interac E-Transfer.
Full day coverage, 24/7, for all your needs. We're here to help you with any questions you may have.
With thousands of applicants across Canada, we've learned how to make the process as easy as possible.
Depending on your financial situation, you can repay your loan in 1-10 installments.
Download our website app to get started. Save the site to your home screen for easy access.
Understand Your Payday Loan: Terms, Rates, and Repayment
The minimum repayment term for any borrowed amount is 90 days, with a maximum of 210 days. The term can be extended, and clients can repay at any time, potentially benefiting from fee discounts.
The minimum APR for extended credit is 120%, and the maximum APR is 275%. For instance, borrowing $800 could result in a total repayment of $1,241.65 over five months.
If you borrow $800 and make 19 weekly payments of $65.35, your total repayment will be $1,241.65, which includes all fees, over a period of five months.
Flexible & Convenient Loans, Even with Less-Than-Perfect Credit
If you’ve been turned down by traditional lenders or you’re worried about your credit score, Bad Credit Loans in Canada can offer a second chance. With Payday Hero, you can borrow up to $1,500 and enjoy a quick approval process, so you won’t have to wait long to address urgent financial needs.
We’ve streamlined our application so it’s straightforward and easy to use, whether you prefer a computer or smartphone. After you apply, approved funds are sent via Interac e-Transfer, putting money in your hands when you need it most.
Since we allow flexible installment plans across many Canadian provinces, Loans for Bad Credit with Payday Hero can help you stay on top of your payments and improve your financial situation over time.
Conventional lending methods often involve strict requirements and lengthy processes. If your score is below average, you might find yourself ineligible for many bank loans, leading to endless paperwork or outright rejection.
Payday Hero’s Bad Credit Loan model removes these barriers. There’s no need to commute, endure long lineups, or wait days for a decision. Our digital application enables you to apply from home or on-the-go, with approvals often issued in minutes.
While some online lenders operate only during business hours, we recognize that emergencies don’t follow a schedule. That’s why Payday Hero leverages automated tools and maintains around-the-clock staffing—so you can get the help you need, day or night. Thousands of positive reviews on major review platforms underscore our commitment to accessible lending.
At Payday Hero, we believe in giving everyone a fair shot at a loan. Our primary focus is your current financial stability, rather than solely relying on your credit history. This approach allows us to provide Bad Credit Loans to applicants who might otherwise be denied.
By using advanced encryption, we ensure your personal and financial data stays secure. Our automated application system means minimal waiting—simply fill out the short form, provide basic information like income and banking details, and let our system do the rest.
Once approved, funds are sent directly to your bank account via Interac e-Transfer, so you don’t have to worry about delays or mailing cheques.
Tired of facing rejection or jumping through hoops to get a loan? With Payday Hero, you can access funds even if you’ve been denied by mainstream institutions. We understand that financial emergencies can happen to anyone, which is why our approach puts people first.
Whether you’re seeking a Bad Credit Loan to cover unexpected bills or to bridge the gap until your next paycheck, it’s important to select a lender who values transparency. Know what’s required, what your repayment schedule will be, and rest easy knowing there aren’t hidden fees waiting to surprise you.
Here’s how Payday Hero stands out when it comes to accessible loans:
Our goal is to make borrowing straightforward for Canadians with all credit scores. Generally, you’ll need to prove you have a steady source of income, a valid government ID, and an active bank account. By sticking to these basic requirements, we streamline the process, ensuring you receive your funds as quickly as possible.
Even if your credit history has a few blemishes, you could still be eligible for a Bad Credit Loan with Payday Hero. We base our decisions on a variety of factors, focusing on how you plan to repay your loan now, instead of judging you solely by past credit events.
Emergencies can strike at any time, so we’re ready to assist whenever life happens. With Payday Hero, you can apply day or night—even on weekends and holidays—and receive quick e-Transfers if your application is approved. Skip the lines and inconvenient hours; simply apply through our web-based platform and let us handle the rest.
If you need a quick, reliable solution despite having less-than-perfect credit, Payday Hero has you covered. Our streamlined application, flexible terms, and secure Interac e-Transfer process help thousands of Canadians each month tackle urgent expenses. Join the many satisfied customers who trust Payday Hero for their bad credit lending needs.
Testimonials
I just wanted to say that I'm very happy with borrowing from Payday Hero. They're easy to work with and are flexible with their payment terms.
An online loan is a fast, hassle-free option designed for Canadians to access funds directly through the internet. The entire process—from application to approval—takes place online, making it a simple way to secure funds.
It's simple! Complete a quick application form online, receive a decision in minutes, and once approved, the funds are deposited straight into your bank account. Typically, you can have the money in less than an hour.
Our online loans offer more flexibility and better terms compared to payday loans. Instead of high fees and short repayment periods, we provide longer, more manageable repayment options tailored to your needs.
No. We don’t rely on credit scores for loan approval. Instead, your eligibility is based on your income, bank history, and age (you must be at least 18 years old).
Our loans come with an 18% annual interest rate. Depending on your loan amount and repayment period, the total APR, including fees, can range from 120% to 275%.
If you use online banking, no extra documents are needed. Otherwise, you’ll need to submit a pay stub, void cheque, recent bank statements, and a government-issued ID.
No, we are completely transparent about all fees. You'll know all the costs upfront, including any interest and brokerage fees, before you agree to anything.
Yes! You can repay the loan early without any penalties. In fact, we offer fee discounts for early repayment to help lower the total cost of borrowing.
Once your loan is approved, the funds are deposited directly into your bank account, often within an hour. We aim to offer a fast, convenient solution for your financial needs.
Applying is simple. Just fill out the application form on our website, and we'll guide you through the process from start to finish.