Get answers to all questions you have and boost your knowledge so you can save, invest and spend smarter.
Payday Rocket is a platform that connects Canadians with trusted lenders offering payday loans and personal loans. We work with a network of lenders to help find the right loan based on financial situation and credit score.
Our process is simple and fast
Apply Online: Fill out our easy application form in just 2 minutes.
Get Matched: We present to lenders that can provide the loan you need based on your credit profile.
Receive Funds: Once approved, you will receive the loan directly in your bank account, often within 24/7 hours.
We connect you with lenders that offer
Payday Loans: Short-term loans to cover emergency expenses, typically repaid on your next payday.
Personal Loans: Longer-term loans for larger expenses, with more flexible repayment terms.
Once your application is submitted and approved, many borrowers receive their funds within 1- 24 hours. The approval process itself only takes a few minutes.
Yes! Payday Rocket partners with lenders who provide loans to people with all types of credit, including bad credit and no credit. Your credit score may affect the loan terms, but we’ll help connect to lenders that fit needs.
Payday Loans: Short-term loans meant to cover immediate expenses, typically repaid within 14 to 30 days. These loans often have higher interest rates and are smaller in amount.
Personal Loans: Longer-term loans that can be used for larger expenses, like home repairs or debt consolidation, with repayment terms ranging from several months to a few years.
Payday Loans: Typically range from $100 to $1,500, depending on location and financial profile.
Personal Loans: You can able to borrow anywhere from $500 to $25,000, depending on creditworthiness and the lender’s terms.
Interest rates for payday loans by province, but a common example is $15 per $100 borrowed. This translates into a high APR (Annual Percentage Rate), which can exceed 300%. Be sure to understand the full cost of the loan before accepting it.
Most payday loans do not require a traditional credit check, making them accessible to people with bad credit and no credit history.
No, there’s no specific credit score requirement.
Most lenders set up automatic payments from bank account on the agreed-upon repayment date, typically when receive your next paycheck.
Yes, most lenders charge fees for late or missed payments.
No, there are no hidden fees with Payday Rocket.
If you have any additional questions or need help with your application, feel free to contact us via: Email: support@paydayrocket.ca
Yes! Payday Rocket services all of Canada, including Ontario, British Columbia, Alberta, Quebec, and more. We connect borrowers with lenders nationwide.
No, Payday Rocket is not a direct lender. We work as a platform to connect you with a network of reliable lenders who specialize in payday and personal loans.
Yes, Payday Rocket takes data security seriously. We use encryption and secure technologies to ensure your personal and financial information is protected.
All loans are subject to approval by the lender. Loan terms, amounts, and conditions will vary based on the lender’s policies and your creditworthiness.
We trusted partner in quick payday loans and personal loans, proudly offering services across Ontario, Alberta, Quebec, British Columbia, and more.
APR Example: Borrow $500. The loan is due in 14 days (payday loans). For each $100 borrowed, you pay $15 in interest (this is standard in many Canadian provinces, but it can vary). After 14 days, you will repay $575.
APR Calculation: The APR reflects the total cost of the loan if it were borrowed over a year. Since payday loans are short-term, the APR appears high because it accounts for the interest being charged over a short period.
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