Koke lists payday lenders that hold a licence in your province, shows what each loan costs in dollars, and puts cheaper options beside them. Where payday loans are regulated, a lender can charge at most $14 for every $100 you borrow, so borrowing $500 costs no more than $70 in fees.
Koke is an independent information and comparison website. We are not a lender. We may receive compensation when you visit lender websites or submit an enquiry through links on this site.
Each province sets its own limits and runs its own licence register. These are the numbers that apply to a new loan today. Tap your province for the full rules and the lenders licensed there.
| Province | Most per $100 | Largest loan | Cancel at no cost | Regulator |
|---|---|---|---|---|
| Alberta | $14 | $1,500 | 2 business days | Service Alberta and Red Tape Reduction |
| British Columbia | $14 | $1,500 | 2 business days | Consumer Protection BC |
| Manitoba | $14 | $1,500 | See province page | Manitoba Consumer Protection Office |
| New Brunswick | $14 | $1,500 | See province page | Financial and Consumer Services Commission (FCNB) |
| Newfoundland and Labrador | $14 | $1,500 | See province page | Digital Government and Service NL |
| Nova Scotia | $14 | $1,500 | See province page | Service Nova Scotia (Consumer Affairs) |
| Ontario | $14 | $1,500 | 2 business days | Ministry of Public and Business Service Delivery and Procurement (Consumer Protection Ontario) |
| Prince Edward Island | $14 | $1,500 | See province page | Island Regulatory and Appeals Commission / Consumer Services |
| Saskatchewan | $14 | $1,500 | See province page | Financial and Consumer Affairs Authority (FCAA) |
Quebec, Yukon, Northwest Territories, Nunavut: no provincial payday-loan licence, so we don’t list payday lenders there. See other options
The amount, your income, your home and how to reach you. It takes about three minutes, and you can go back and change any answer.
Your answers go over an encrypted connection to our matching partner, which looks for the lender whose rules fit your situation.
You go straight to the lender’s page. Read the total cost and check the licence before you sign anything. Saying no costs nothing.
Start my application Koke is not a lender. We may be paid when you apply.
Our highest-rated licensed lenders right now. Ratings come from our published rubric, never from payment. How we rate
Licence verified AB, BC, MB, NB, NL, NS, ON, SK
Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.
Licence verified AB, BC, SK
Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.
Licence verified AB, BC, MB, NB, NS, ON, PE
Applications go through our partner Loans Canada, which may match you with this or other lenders. Koke may be paid for referrals. Lenders decide approval, cost and terms.
Enter the amount and how long you need it. You’ll see the fee, the total you repay, the due date and the yearly rate, next to a credit card cash advance for the same amount.
Often, yes. These usually cost less than a payday loan, and some cost nothing:
Each city page lists the licensed lenders that serve it, the local free help (credit counselling, emergency funds, food banks) and the province’s rules.
What a payday loan is, what it costs, how you apply and repay, and how it differs from a cash advance or…
The fee, the annual rate, the cost of late payments and the cost of borrowing again, worked out in dollars.
Employer advances, credit union loans, cash advances, payment arrangements, government help and free credit counselling, compared.
Four steps to verify a payday lender with your provincial regulator, plus the warning signs of an unlicensed or fake lender.
No. Koke doesn't lend money, approve loans or make credit decisions. We compare lenders licensed in Canadian provinces and explain what borrowing costs. If you apply, the lender or our application partner handles your application and makes every decision.
In provinces with payday loan laws, a licensed lender can charge at most $14 for every $100 you borrow, including all fees. A $500 loan for two weeks costs $70, so you repay $570. Late or bounced payments can add more.
Up to $1,500. Ontario and British Columbia also limit each loan to 50% of your net pay. Lenders can approve less than you ask for, especially on a first loan.
Often, yes. Many payday lenders look mainly at your income and bank account rather than your credit score. Some do check credit, and none can promise approval. Each lender profile on Koke shows what that lender says it checks.
Tell us what you need once. Our matching partner LeadScout looks for the lender that fits your answers and takes you straight to the offer. Read the cost, compare it with the alternatives, and only sign if it works for you.
Koke is not a lender and may be paid when you apply. Lenders decide approval, cost and terms. No SIN, online-banking login or ID photos asked.
