Am I Eligible?
To be eligible to apply for a loan, you typically need to meet the following minimum criteria:
We will consider customers who are:
Before comparing online loans at PaydayMart, make sure to fulfill the following criteria:
- At least 18 years old.
- Canadian citizen or permanent resident and live in an eligible province.
- Steady job or regular income from government benefits or gig work.
- Have a valid Canada bank account with access to online banking with Interac e-Transfer.
- Have a valid mobile phone number, address, and email address.
- Ability to repay the loan on time.
Reasons why you might have been rejected
- Aren't employed, or your income is too low?
- I already have a loan or recently borrowed one.
- I have too many current debts.
- I had errors in your application.
- I can't afford to repay the loan.
- You don't meet the lender's eligibility requirements.
- The lender can't verify your income - such as if you're paid in cash.
Before applying, please think carefully:
- Do you meet our requirements?
- Can you repay the loan and interest in full on the due date?
- Will you use the loan to satisfy short-term needs and not use it as a long-term remedy?
- Are you not in financial difficulties?
- Have you read the pre-contract information available on our website?
- If the answer to any of the above questions is no, please do not apply.
Still Have Questions?
If you want to discuss your current circumstances with a loan expert, email us at support@paydaymart.ca. Our dedicated customer support team works 24/7 to ensure they're available when you need them most. You can also see our FAQs here to clear small doubts.
- Phone : +16143330617
- Address: 6-362 Kingston Rd W, Ajax, ON L1T 3A4
- Google Map: https://maps.app.goo.gl/SHLe9x5rsctQPJww7
- Social Connect: Twitter | YouTube | Medium
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FAQs about PaydayMart.ca
What to do if I'm not eligible for a loan?
Don't assume a loan is the last option to borrow money. You may try credit unions, 0% APR credit cards, borrowing from family/friends, personal lines of credit, and HELOC loans.
How can I get accepted for a loan faster?
The top 6 ways to loan accepted fasters in Canada are:
- Complete the application with care.
- Choose your lender carefully.
- Check your credit score.
- Only borrow what you need.
- Respond quickly.
- Improve your credit score.
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