Payday Loan Faqs
At Payday Loan Mart, you can borrow from $100 to $1,500 with a payday loan. The amount you can borrow will depend on your financial situation and ability to repay the loan.
No, We are transparent about all fees associated with payday loans. In Ontario, the maximum fee is $15 per $100 borrowed, and we charge you $14 per $100 borrowed.
Once your loan is approved, Payday Loan Mart typically deposits funds into your bank account in minutes.
No, you don’t need good credit to apply for a payday loan with Payday Loan Mart.
Repayment is made through a direct debit from your bank account or debit card on the next payday. Ensure you have enough funds in your account to cover the repayment amount.
If you’re unable to repay on time, you may incur additional fees or interest charges. Contact Payday Loan Mart immediately to discuss your options.
Yes, self-employed individuals can apply for payday loans. To demonstrate your repayment capability, you must provide proof of income, such as recent bank statements, tax documents, and a business license.
