Payday Loan Requirements

Are you considering a payday loan, but are unsure of the requirements to apply? Requirements to get a payday loan differ by lender, but generally you will need the following to apply:

  • Be 18 years old or older
  • Valid photo ID
  • Open and active bank account
  • Steady source of income
  • Working phone number

Let’s Get More Specific

While specific requirements may vary by payday lender, it’s best to be armed with the following when applying for a payday loan.

Personal Information

  • Valid ID
  • Home address
  • Valid phone number
  • Email address
    (typically required when applying for a payday loan online)

Income Information

  • Pay cycle frequency
  • Income type
  • Employer name, address & phone (if applicable)
  • Net & gross income amounts

Banking Account Information

Payment options will vary by lender and how you apply for a payday loan, but at minimum you will need one of the following:

  • Chequing account, routing and institution numbers (or a pre-authorized debit form from you bank)
  • Our payday loan locations can also take a post-dated cheque

Apply for a Payday Loan

Once you have your requirements ready, you can start your payday loan application online. Applying takes only minutes and is followed by an instant lending decision.

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