Payday Loans in Ontario

Need cash in a pinch? iCash provides 24/7 payday loans in Ontario. Borrow up to $1,500 with no hidden fees and flexible options for all credit types. 

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Cost summary

Cost
$85.50
Cashback
-$53.16
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Payday Loans in Ontario

Living in Ontario comes with unique challenges — rising rent, fluctuating grocery prices, or even unexpected car repairs during a snowy commute. Payday loans in Ontario can be a lifeline, offering quick access to cash when you need it most. Whether it’s covering a sudden expense or bridging the gap between paydays, these short-term loans are here to help.

For Ontarians, the convenience of online payday loans means you can access funds fast, even on weekends. Whether you're navigating the busy streets of Toronto or living in a small town up north, they can fit your needs without long waits or complex paperwork.

Don’t let financial surprises slow you down. Payday loans in Ontario make it easy to stay on top of life’s unexpected moments. Apply for a loan today and take back control of your finances.

What Are Payday Loans in Ontario? 

Payday loans in Ontario are short-term loans designed to help you cover urgent expenses until your next payday. They provide same day access to cash, typically ranging from $100 to $1,500, making them a practical solution for various needs.

Common scenarios where they are helpful include:

  • Covering emergency car or home repairs.

  • Paying an unexpected utility bill.

  • Managing unforeseen medical expenses.

  • Purchasing essential groceries when funds run low.

  • Avoiding late fees or overdraft charges. 

  • Bridging the gap between paydays after an unexpected work delay.

  • Handling last-minute travel costs for family emergencies.

One of the biggest advantages of these loans is their convenience. The application process is simple, and funds are often transferred on the same day. iCash makes the process even easier with online applications and 24/7 e-Transfer funding options, ensuring accessibility for Ontarians across the province, regardless of location.

Types of Payday Loans in Ontario 

Looking for flexible payday funding services in Ontario? iCash offers a range of services tailored to your needs. Explore these options and find the one that works best for you:

Personal Loans: Quick, short-term funding to cover unexpected expenses before your next payday.

Instant Payday Loans: Fast, hassle-free loans with quick approval and same-day funding.

Cash Advance Loans: Fast cash funding to cover unexpected expenses before your next payday.

e-Transfer Payday Loans: Convenient loans with funds up to $1,500 sent directly to your email via Interac e-Transfer.

Emergency Loans: Reliable 24/7 financial assistance for urgent situations requiring immediate cash support.

As you can see, iCash provides a range of financial solutions available to Ontarians. By knowing your options, you can confidently navigate unexpected expenses and stay in control of your finances.

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Payday Loan Requirements in Ontario

Applying for a payday loan in Ontario is simple and accessible. Here’s what you’ll need:

  • Be 18+ and a resident of Ontario.

  • Valid ID for verification.

  • Proof of income (pay stub, benefits, or self-employment).

  • Active bank account for deposits.

  • Working email and phone number.

No collateral or perfect credit is required. All you need is a few minutes and the right documents and you’re set to apply for quick cash in Ontario.

Payday Loans in Ontario


Benefits of Payday Loans in Ontario 

There are many benefits of payday loans in Ontario, making them a convenient and reliable option for handling unexpected financial challenges. 

Easy Approval 

The process is simple and automated, with quick decisions. No lengthy paperwork or in-person meetings, either. Just an easy online application and fast e-Transfer funding. 

Rapid Funding

Fast loans provide quick financial relief when emergencies arise. Unlike traditional loans that can take days to process, these loans offer same day funds to address urgent needs.

Bad Credit, No Problem

Short-term loans are inclusive, welcoming individuals with poor credit or no credit history. Never worry about not getting the cash you need. Getting a loan with bad credit in Ontario is simple, straightforward, and designed to meet your needs when it matters most.

Available 24/7 

Payday loans are accessible anytime, day or night, ensuring you can get financial relief whenever you need it. With 24/7 online applications and fast email funding, support is always just a few clicks away, no matter your schedule.

Accepts All Income Types 

Whether you’re a freelancer, gig worker, or receiving government benefits and seeking ODSP loans or support through EI, Child Tax, or pensions, payday loans are designed to accommodate diverse income sources and ensure accessibility.

Why Choose iCash Payday Loans in Ontario

When it comes to payday loans in Ontario, iCash stands out as the clear choice, offering unmatched convenience, accessibility, and transparency. 

Payday Loans in Ontario

iCash 

Competitors

Easy, Paperless Application

100% online and paperless

May require in-person visits and paperwork

Fast Approval

Approval within minutes

May take hours or days

Accessible to Almost Everyone

Open to all income types 

Limited – restrictions based on employment

Range of Small Loan Amounts

Borrow $100 - $1,500

Borrow $100 - $1,200

Accepts Bad Credit

All credit scores welcome 

Limited — may depend on credit history

Available 24/7 

Apply any day or night, including weekends and holidays (open 24/7, 365)

Limited hours of operation

No Hidden Fees

Transparent, upfront fees

Potential hidden fees not clearly outlined

Easy Repayment Options

Easily pay via e-Transfer, with no penalties for early repayment

Fixed and rigid terms that may come with prepayment penalties

Convenient Mobile App 

Secure, user-friendly app for easy loan management

Mobile app unavailable or limited features

With a range of helpful features and a focus on accessibility, iCash offers a reliable option for payday loans in Ontario. Get your loan started now, and never let life’s surprises catch you off guard again!

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iCash is a member of the Canadian Consumer Finance Association.
iCash uses TransUnion technology to improve our lending solutions.
iCash uses Interac e-Transfer to send loans to our customers.
iCash uses Equifax technology to improve our lending solutions.
iCash is owned by women and promotes diversity, equity, and inclusion.

Behind each review is an experience that matters

Since 2016 we have happily served over half a million customers.

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Get a loan online in 3 easy steps

1

Apply Online

Getting an online loan with us is fast and easy. Simply select your loan amount, repayment plan* and provide some personal details.

Sign up and apply online or on our app.
2

Instant Decision

Our online loan application will tell you if you’re approved instantly. Once approved, all you have to do is electronically sign your contract. It’s that easy!

Get a decision instantly after completing our paperless loan application.
3

Get Funds

Once you sign your digital agreement, your cash advance will be sent by e-Transfer within 2 minutes. Fast, convenient and hassle-free. Funds are sent 24/7, no matter what.

Receive your money by e-Transfer within minutes of signing your agreement.

Get up to 12% in Cashback*

Earn money every time you borrow with iCash! Our unique cashback program is designed to reward you for being a loyal customer and can help you save on future loan payments. After successfully paying off your first online loan, you'll receive 4% of the cost of borrowing credited to your account. You can earn up to 12% depending on how many iCash loans you have repaid.

Earn up to 12% cashback* on the cost of borrowing when you repay your iCash loan.

Frequently asked questions

What are the minimum requirements to get approved in Ontario?

To qualify, you must be at least 18 years old, a resident of Ontario, have a steady source of income for the past three months, a net income of at least $800/month, and access to an online bank account.

Will I get approved if I have bad credit?

Yes, you can get approved with bad credit or no credit history. iCash considers applications from individuals with all credit backgrounds. Approval is based on your current financial situation and ability to repay, not solely on your credit score.

How much money can I borrow from a payday loan in Ontario?

You can borrow between $100 and $1,500, depending on your income. The exact amount will be determined during the application process. Rest assured the process is transparent, and you’ll only be approved for an amount you can comfortably repay.

Can I get a loan with Child Tax benefits in Ontario?

Yes, you can get a loan with Child Tax benefits in Ontario. Payday lenders accept various income sources, including government benefits, as part of the application process. This makes these loans among the most accessible to those receiving Child Tax benefits

Can I get a loan on Ontario works?

Yes! As long as you receive fixed monthly payments of $800 or more through Ontario Works and meet the basic eligibility requirements, you can qualify for payday funding. Most lenders will accept government benefits as a valid income source.

Can I get a loan on ODSP or disability?

Yes! we work with many ODSP recipients throughout Ontario. All you need to do is communicate your benefit income information in the employment details section of our online application!

Can I get a loan on the weekend in Ontario?

Yes! iCash operates 24/7, even on weekends and holidays. So you can get approved with us anywhere in Ontario for up to $1,500. We also provide instant decisions, even on Saturday and Sunday, which can be a lifesaver for many individuals.

Can I get a payday loan on the weekend in Ontario?

Yes, iCash operates 24/7, which gives you the opportunity to apply for a loan anytime, including weekends and holidays. With instant approval and e-Transfer funding, you can access the cash you need quickly, even outside regular banking hours.

Have more questions? Check out our full FAQ.

Get your online payday loan today

iCash has helped more than 950,000 Canadians get instant loans online without hassle. Download our mobile application today!