What exactly is a Pay Day Loan?
A pay day loan is a short-term loan paid-off in your next payday.
Exactly how fast am I able to have my cash?
If you should be entitled to an Interac eTransfer, you can expect to get your hard earned money in less than one hour.
If you should be getting a primary Deposit, these are typically moved three times daily during regular business hours (see routine below). The deposit may take longer if you are with a bank other than CIBC, TD, RBC, Scotia, BMO or HSBC.
Loans approved before 11 have always been may be deposited that day by 3:30 PM.
Loans authorized between 11 have always been and 4 PM are deposited that by 8 PM day. Read more