No Refusal Payday Loans Canada ODSP

Alistair Croll
Fact Checked
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Key Takeaways

The Ontario Disability Support Program (ODSP) was created in 1996 by the Mike Harris PC government.
The maximum ODSP payment is $1,308 monthly (an increase of $81 per month over 2022).
ODSP is introduced for financial and employment assistance for the people of Canada suffering from disabilities.
In 2021-22, around 507,904 ODSP beneficiaries are living in Ontario.
Even though ODSP benefits rates have increased by 6.5% in July 2023, ODSP recipients still struggle to make ends meet.

So, what the hack….?

Finding a loan can be challenging if you live on social benefits. Although you earn enough income from your government benefits, in most cases, traditional banks and lenders only consider income from regular employment. They do not accept the salary from benefits, self-employment, or gig work to approve a loan.

At PaydayMart, we understand the frustration of not getting a loan when living on benefits. That is why we're offering high acceptance payday loans for ODSP recipients. If you receive enough payments from the Ontario Disability Support Program (ODSP), you can apply for payday loans online with us and get funded in minutes.

What are no refusal payday loans in Canada?

Are you looking for no-refusal payday loans in Canada? Unfortunately, it is not possible. In reality, Canada has nothing like "no refusal" or "guaranteed" payday loans. So, remember that if you find some lenders who advertise with such catchy words, beware of them and don't apply.

It is true that online payday loans are short-term loans and are designed to approve and provide funds within a few minutes quickly, but there is no 100% guarantee of approval. Plus, ensure you have enough income to make timely payments because such loans are offered at high rates.

Can I get a no refusal payday loan if I am on ODSP benefits?

Yes, you can get approval for payday loans that accept ODSP benefits. But payday loans with no refusal are not possible.

The good news is that some payday lenders in Canada are willing to work with certain benefits, including ODSP, and accept them as a regular income. It means ODSP recipients in Ontario, Canada, may be eligible for a payday loan.

Payday loans come with lenient terms; sometimes, people with bad and no credit also get approval. Typically, such lenders focus more on applicants' income than their previous credit histories. So, if you have enough income to repay, you can quickly get approval for ODSP payday loans in Canada.

However, we never offer no-refusal payday loans in Canada, but our payday loans are easiest to apply for and instantly approved. You can apply online 24/7, and if approved, you will get money within 5 minutes through the fastest e-transfer.

What to consider before taking out a online payday loans that accept ODSP?

It is true that ODSP monthly payments are not sufficient for many Ontarians and that's why they seeking for payday loans online to grab some extra cash. Unlike bank loans, payday loans are offered at lenient terms, but they are not suitable to handle every cash flow crisis.

Applying for online payday loans that accept ODSP benefits is not likely be a good option for you if:

Your ODSP income is not enough to payback your payday loan on time.
You want to borrow money to pay-off your other loans.
You already have one or more payday loans.
You want to apply for long-term financial commitments.
If you want to pay for unimportant things, you can't afford, e.g., expensive shopping, a night out, or buying concert tickets.

How to get approved for no refusal payday loans with ODSP benefits?

PaydayMart does not claim to provide no-refusal payday loans in Canada, but we offer the nearest option in the form of instant approved ODSP payday loans. We're available 24/7 online, even on weekends and public holidays.

Apply today with our simple 3-step process mentioned below:

Apply: Fill in our free and easy online application form.
Approval: e-Sign your loan contract and send it back to us via email to get instant approval.
Funding: Once your loan is approved, the money will be directly sent to your bank account in under 5 minutes* through Interac e-Transfer®.

Although we don't issue "no refusal" or "guaranteed" approval payday loans, our approval rate is 98.99%, which assures you're most likely to get a loan with PaydayMart. Our payday loan application is 100% online and easiest to complete.

Am I eligible for ODSP loans?

Need to attain the age of 18 years.
Must be a permanent citizen of Canada and resident of Ontario.
Should have a registered personal bank account in Canada.
You should have a working phone number and email address.
Must have enough income from ODSP benefits.
Have the ability to make repayments on the agreed date.

The eligibility criteria and documentation requirements might vary from lender to lender. Additionally, read your loan offer carefully, especially the terms and interest rates section, before accepting it.

If you are not confident about making payments on your loan on time, please drop the idea of applying for a payday loan.

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Frequently Asked Questions

Are no refusal payday loans a scam?

Yes, no refusal payday loans do not exist, and if you find any, it is probably a scam. All legitimate and reputable lenders must perform affordability checks while assessing a loan.

Can I get a no-refusal payday loan with bad credit?

Yes, you can get no-refusal payday loans, even if you have bad credit. Usually, payday lenders focus more on alternative data, such as the applicant's income and ability to repay, rather than past credit ratings.

Can I get payday loans with government benefits?

Yes, you could apply for payday loans with your government benefits. Some payday lenders accept benefits, including EI, CPP, OAS, Child Tax Benefits, Disability Tax Credit, AISH, and ODSP, as a valid source of income to approve a payday loan.

How much can I borrow with payday loans that accept ODSP?

Typically, ODSP payday loans are short-term loans ranging between $100 to $1,500.

Can I get ODSP payday loans with no credit check?

Yes, it is possible to get ODSP payday loans with no credit. Payday loans offer small amounts of money, which means fewer lending risks for lenders, so they skip the traditional credit checks while assessing a loan. But, make it clear that such loans are offered at higher rates and unfavourable terms.

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*Timing might be varied. T&Cs apply. Applying won't affect your credit score

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