Payday loans in Mississauga
Licensed online payday loans for Mississauga residents, built around shift work and busy commutes. Apply any time on your phone.
Maximum Allowable Cost per $100 Borrowed: $14.00
Our cost per $100 borrowed: $14.00
Example: Your $500 loan for 14 days
Amount Advanced $500.00 · Total Cost of Borrowing $70.00 (365% APR) · Total You Repay $570.00
This poster is required under the Payday Loans Act, 2008
Loansville Inc. · Lender · Ontario payday lender licence #4741249 · Licence expires March 16, 2027 · Address on licence: 157 Bridge Street, Unit B, Carleton Place, ON K7C 2V6
Key facts for Mississauga borrowers
- Serving Mississauga, including Port Credit, Streetsville, Meadowvale, Malton and Erin Mills, online. No store visit needed.
- Loan amounts: $100 to $1,500 (first-time borrowers up to $500).
- Cost: $14 per $100. Example: $500 for 14 days costs $70 (365% APR), $570 total.
- Funds by Interac e-Transfer, usually within 1 hour of approval.
- Apply 24/7. Most applications get an automated decision.
- Cancel within 2 business days without penalty. No rollovers.
Shift workers and newer Canadians
Many people in Mississauga work shifts around the airport, in warehouses and logistics, or in healthcare. Because applications are open 24/7 and most get an automated decision, you can apply after a night shift without waiting for an office to open.
If you're fairly new to Canada and don't have a long credit history yet, note that Loansville doesn't run a traditional credit check. Decisions are based on your income and banking history. You still need to meet every requirement, and applying doesn't guarantee approval.
Getting your e-Transfer in Mississauga
Interac e-Transfer works with all the big banks in Mississauga, including the newcomer accounts many of them offer. To apply you need an account with online banking so we can verify your income. If you have more than one account, use the one your pay is deposited into.
When funds are sent, you get an Interac e-Transfer notification by email or text. If you have Autodeposit turned on, the money goes straight into your account. If not, you accept it in your banking app.
Living costs in Mississauga and when a payday loan makes sense
Living costs in Peel Region are high, and for many families car costs (insurance, gas and repairs) are a big part of the budget. If an unexpected repair is the reason you're short, compare the total cost of a payday loan with any payment plan the garage or dealer offers.
How to apply from Mississauga
- Apply online on our application page, any time of day.
- Verify your bank account by signing in to your online banking. In most cases, no paystubs are needed.
- Get a decision. Most applications get an automated decision. Some need a manual review, which can take longer.
- Get your money by Interac e-Transfer, usually within 1 hour of approval.
Who can apply
- You live in Ontario and are 18 or older, with valid photo ID.
- You have at least $2,500 a month in income, paid by direct deposit. Benefit income as your only income isn't accepted.
- You can sign in to your online banking so we can verify your bank account. KOHO accounts aren't accepted.
Meeting these requirements doesn't guarantee approval.
What it costs
Loansville charges $14 per $100 borrowed, the maximum allowed in Ontario. A $500 loan for 14 days costs $70, which is a 365% APR, so you repay $570. If a payment is returned unpaid, a $20 NSF fee applies. See what a payday loan costs in Ontario for the full breakdown.
Mississauga payday loan questions
I'm new to Canada with little credit history. Can I apply?
You can apply if you're an Ontario resident aged 18 or older with valid photo ID, at least $2,500 a month in income and online banking. We don't run a traditional credit check, but approval isn't guaranteed.
I work nights. When can I apply?
Any time. Applications are open 24/7, and most get an automated decision.
Do you have a Mississauga location?
No. Loansville is online only and serves Ontario residents across the province.
Questions? Email [email protected] anytime, we respond 24/7. Also serving: Toronto, Hamilton, Kitchener-Waterloo and all of Ontario.
Sources: Government of Ontario, Payday loan: your rights; Payday Loans Act, 2008. General information, not legal advice.