Payday loans in Ontario
One licensed lender for the whole province. Apply online 24/7 from any Ontario city or town, and get funds by Interac e-Transfer if you're approved.
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
- Loansville Inc. is a licensed Ontario payday lender, licence #4741249.
- 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.
Find your city
We're online only, so there's no branch to visit. These pages cover what's different about borrowing in each city, from local banks and credit unions to who can and can't apply.
- City
Payday loans in Ottawa
Living in Gatineau? Read this first.
View page - City
Payday loans in Toronto
Online or storefront: same rules.
View page - City
Payday loans in Mississauga
Shift workers and newer Canadians.
View page - City
Payday loans in Hamilton
Between jobs or on EI?.
View page - City
Payday loans in London
Students and healthcare workers.
View page - City
Payday loans in Kingston
Recently posted to Kingston?.
View page - City
Payday loans in Kitchener-Waterloo
A fully digital process for a tech-savvy region.
View page - City
Payday loans in Windsor
Ontario residents only, not Michigan.
View page - City
Payday loans in Barrie
Commuters and seasonal workers.
View page - City
Payday loans in Sudbury
No drive in a northern winter.
View page
Don't see your city?
You don't need to live in one of these cities. If you're an Ontario resident, you can apply from anywhere in the province, in big cities, small towns and rural areas alike.
How it works
- 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 Ontario maximum. A $500 loan for 14 days costs $70 (365% APR), so you repay $570. The NSF fee for a returned payment is $20. Read what a payday loan costs in Ontario for the details.
Ontario payday loan questions
Do you lend everywhere in Ontario?
Yes. Loansville is an online lender and serves Ontario residents anywhere in the province, including towns and rural areas not listed here.
Is the cost the same in every Ontario city?
Yes. Loansville charges $14 per $100 everywhere in Ontario. $500 for 14 days costs $70 (365% APR), $570 total.
Do you lend outside Ontario?
No. Loansville lends only to Ontario residents.
Is Loansville licensed?
Yes. Loansville Inc. is a licensed Ontario payday lender, licence #4741249.
Questions? Email [email protected] anytime, we respond 24/7.
Sources: Government of Ontario, Payday loan: your rights; Payday Loans Act, 2008. General information, not legal advice.