Payday loans in Ottawa
Online payday loans for people who live in Ottawa, from a licensed Ontario lender. Apply from home any time, day or night.
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 Ottawa borrowers
- Serving Ottawa and the surrounding area, including Kanata, Orleans, Barrhaven, Nepean and Stittsville, 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.
Living in Gatineau? Read this first
Plenty of people cross the Ottawa River for work every day. Our loans follow where you live, not where you work: Loansville lends only to Ontario residents. If you live in Ottawa and work in Gatineau, you can apply. If you live in Gatineau or elsewhere in Quebec, you can't, even if your job is in downtown Ottawa.
Ottawa also has a large public-sector and shift-work workforce. If a payroll problem has left you short, ask your employer or pay centre about an emergency salary advance first. It usually costs far less than any payday loan.
Getting your e-Transfer in Ottawa
Interac e-Transfer works the same way with Ottawa's big banks (RBC, TD, Scotiabank, BMO, CIBC and National Bank) and with Desjardins, which many people in the region use. If you bank with a local credit union such as Alterna Savings, check that online banking and Interac e-Transfer are turned on for your account before you apply.
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 Ottawa and when a payday loan makes sense
Ottawa rents have climbed in recent years, and winter brings bigger heating bills and the odd surprise car repair after a hard freeze. A payday loan can bridge a short gap until payday, but it's an expensive way to borrow, so it's best kept for true one-off emergencies, not regular bills.
How to apply from Ottawa
- 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.
Ottawa payday loan questions
Do you have a store or office in Ottawa?
No. Loansville is online only. You apply on our website, we verify your income through your online banking, and approved funds are sent by Interac e-Transfer, usually within 1 hour of approval.
I live in Gatineau but work in Ottawa. Can I apply?
No. Loansville lends only to Ontario residents. Where you live decides it, not where you work.
Can I apply in the middle of the night?
Yes. You can apply 24/7, and most applications get an automated decision. Submitting an application does not guarantee approval.
Questions? Email [email protected] anytime, we respond 24/7. Also serving: Kingston, Toronto, Sudbury and all of Ontario.
Sources: Government of Ontario, Payday loan: your rights; Payday Loans Act, 2008. General information, not legal advice.