Payday Loans Over Phone

Alistair Croll
Fact Checked
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If you are looking to apply for payday loans over the phone, we have the option!

PaydayMart always promotes the digitalization of the lending market for speed and ease of reaching borrowers. A traditional lending solution like a bank loan takes too much time for cash disbursement. It requires borrowers to exhaust their precious time to schedule meetings with lenders and visit their offices to apply for and get a loan.

That's why PaydayMart is 100% operated over the phone with the help of the internet. So, you can apply for a payday loan over the phone in Canada with much faster speed and get cash in minutes.

Our lenders offer online payday loans over the phone more quickly, conveniently, and securely. We can also ensure that you get a flexible repayment option and the best lending experience with us.

Can you get a payday loan over the phone?

Yes- payday loans over the phone are similar to short-term loans that you can apply with the help of your phone using the internet. These payday loans are designed to provide money as soon as possible to bridge the financial gap until the next payday.

At PaydayMart, borrowing money from traditional loans is time-consuming and frustrating. You need to do too much paperwork, schedule meetings, and visit the lender's office to get a loan, which is not ideal, especially during a cash crisis.

Instead of that, with our instant wire transfer payday loans over the phone, you can access all the details for the application at your fingertips and the comfort of your home. You don't need a computer or laptop- a tablet and smartphone are enough to apply.

How do payday loans over the phone work?

Applying for payday loans over the phone is similar to applying for a payday loan online. You must fill out an online application using your smartphone or tablet. Ensure your internet works, and you fill in the application with accurate details. It will speed up your payday loan approval.

Once you complete and submit your application, we'll check your details and forward it to our panel of trustworthy lenders for instant loan decisions. The processing time is meagre, so you can get the results instantly.

If your loan application is approved, you will get a loan offer from your lender. It is your wish to accept or decline the offer. If you find everything ok, you need to accept it by digitally signing it and emailing it back to your lender.

After that, funds will be instantly transferred to your bank account by Electronic Funds Transfer (EFT) or via Interac e-Transfer®, which is extremely fast.

What I need to apply?

Here's what you need to apply for over-the-phone payday loans in Canada:

The age should be over 18 years old.
To be a Canadian citizen or permanent resident.
A smart device like a smartphone or tablet is connected to the internet.
A valid Canadian bank account is required to get the loan amount.
Regular income source from employment or government benefits.

With PaydayMart, you can find a wide range of loans that offer up to $5,000 or more, and they are entirely available over the phone.

How to get a payday loan over the phone in Canada?

Getting a payday loan over the phone is one of the convenient and easy ways to get cash anytime and anywhere. 98% of surveyed Canadians between 18-29 and 95% of those aged 30-49 own a smartphone. It clearly shows the demand for payday loans that can be accessed over the phone.

At PaydayMart, we help hundreds of Canadians to access online payday loans over the phone. Our automatic system matches them with lenders that approve their applications fast. Below we show you how we work:

1. Apply Online: You need to fill out our secure application form and let us know how much you want to borrow and for how long. Your smartphone is enough to complete the whole loan process.

2. Instant Decision: Once you complete and submit the application, you'll receive a confirmation email that we received your application and are being reviewed by our lenders. You'll be notified about loan decisions via email within a few minutes.

3. Get Funds: Once your loan is approved and you accept your loan contract by digitally signing it, we'll transfer your money directly into your bank account within 10-15 minutes (subject to your bank clearance).

When you apply with us, you only need to provide some of your basic information, so we can effectively match you with the best loan provider from our panel of reputable Canadian lenders.

What are the benefits of choosing online payday loans over the phone with PaydayMart?

Comfort: No need to travel anywhere to apply for a payday loan; fill out the application from your smartphone, and all done!
24/7 Available: You can apply for payday loans over the phone anytime, even on weekends and holidays.
Speed: Most of the lenders we have at PaydayMart are experienced in approving payday loans fast and provide funds within a few minutes after loan approval.
Efficiency: Our AI-based system to find quickly matches you with one of the best and most reputable lenders in no time. By this, you can save a lot of time and get money much faster.

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Frequently Asked Questions

Do payday loans over the phone require a credit check?

Yes- getting a payday loan with no credit check is possible. Generally, payday lenders approve a loan based on other factors like the applicant's income and ability to repay rather than credit score. Usually, they perform soft credit checks that won't affect your credit rating.

Are payday loans suitable for people with bad credit?

Yes, our payday lenders are willing to work with all individuals having bad credit ratings. It means you can get a payday loan over the phone, even if your credit score is bad.

How much can I borrow?

Our payday loans range from $100 up to $1,500. The exact loan amount will be depended upon other factors like the applicant's income, employment status, debt-to-income ratio, and ability to repay.

Are payday loans over the phone safe?

Absolutely yes. Payday loans are regulated at the provincial level and come under The Criminal Code of Canada. At PaydayMart, we respect the privacy and security of customers, and that's why we use a secure gateway to protect shared information from hackers and third-parties access.

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

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Writer, speaker, financer accelerant. The intersection of tech & society. He enjoys writing informative guides mainly related to finance and credit products that help readers make better decisions. View My Profile