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It is a short-term loan borrowed against your next paycheque. A payday loan typically ranges between $100 and $1,500.† And, a loan is usually borrowed for two weeks. On your due date, the loan amount plus fee is automatically withdrawn from your bank account and your transaction is complete.
A payday loan is used for emergency money needs. So, if you have car repairs or dental bills that need to be paid, a loan can help you get the money you need quickly. You can also use a loan for things like overdue bills and groceries. A loan can come in handy whenever you’re faced with an immediate money need. Can you think of the last time you didn’t have enough cash between paydays? A payday loan could come in handy.
Loans from DollarsDirect is convenient because there’s usually no need to fax in any paperwork.§ You can apply for the loan completely online. And, it only takes minutes to apply for the loan. An online loan is convenient because you don’t need to take time out of your day to travel to a loan store. An online loan is also a private option for the same reason. Why not get the money you need quickly right from the privacy and convenience of your own home?
To pre-qualify for a loan, you must be 18 and be a resident of Ontario or British Columbia. To get a loan, you also must have an active bank account. You must also have an email address in case we need to contact you about your loan. In order to get a loan, you must be currently employed for more than two months with the same employer, be self-employed or be collecting employment insurance. If you have all of the above, then you can begin your loan application right away.
If you have questions about a loan, you can contact our loan Customer Service Team. They’re here to answer all of your loan questions via phone, email or online chat. We want your loan experience to be as smooth as possible. So call with any payday lenders questions. We’re happy to help!