- Cost per $100
- $14.00
- Borrow up to
- $1,500
- Funding
- Next business day
- Apply
- Online and in-store
Licence verified AB, BC, MB, NB, NL, NS, ON, SK
easyfinancial payday loans: costs, licences and review
Last reviewed November 10, 2026 by the Koke editorial team.
easyfinancial, owned by TSX-listed goeasy Ltd., offers instalment loans of $500 to $20,000 unsecured, and larger home-equity loans, at 9.99% to 35% APR over 9 to 84 months. It has more than 380 branches across Canada, including Alberta, and repayments are reported to the credit bureaus.
Last reviewed November 10, 2026
easyfinancial at a glance
- Provinces served
- Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan
- Apply
- Online, In store, Phone
- Borrow
- $500 to $20,000
- Repay within
- —
- Loan type
- Instalment loan
- Interest rate
- 9.99% to 35% APR (unsecured from 29.99%)
- Money arrives
- Next business day (Interac e-Transfer or deposit, typically within a few business days of approval)
- Credit check
- Hard credit check: “Credit history is part of the decision, and payments are reported to the credit bureaus”
- If a payment bounces
- —
- If you pay late
- —
- Support hours
- —
Is easyfinancial licensed where I live?
easyfinancial is not a payday lender, so it doesn’t hold payday-loan licences. The rows below are the provinces it says it serves. Lenders charging over 32% are licensed separately as high-cost credit lenders in some provinces, including Alberta and British Columbia; the Verify link goes to the same regulator, where you can search that register too.
| Province | Licence number | Status | Regulator | Checked on |
|---|---|---|---|---|
| Alberta | Not published | Listed by lender, not yet checked by Koke | Service Alberta and Red Tape Reduction · Verify | |
| British Columbia | Not published | Listed by lender, not yet checked by Koke | Consumer Protection BC · Verify | |
| Manitoba | Not published | Listed by lender, not yet checked by Koke | Manitoba Consumer Protection Office · Verify | |
| New Brunswick | Not published | Listed by lender, not yet checked by Koke | Financial and Consumer Services Commission (FCNB) · Verify | |
| Newfoundland and Labrador | Not published | Listed by lender, not yet checked by Koke | Digital Government and Service NL · Verify | |
| Nova Scotia | Not published | Listed by lender, not yet checked by Koke | Service Nova Scotia (Consumer Affairs) · Verify | |
| Ontario | Not published | Listed by lender, not yet checked by Koke | Ministry of Public and Business Service Delivery and Procurement (Consumer Protection Ontario) · Verify | |
| Prince Edward Island | Not published | Listed by lender, not yet checked by Koke | Island Regulatory and Appeals Commission / Consumer Services · Verify | |
| Saskatchewan | Not published | Listed by lender, not yet checked by Koke | Financial and Consumer Affairs Authority (FCAA) · Verify |
Apply now opens Koke’s application page, which sends your answers to our matching partner LeadScout. It may match you with easyfinancial or with other lenders. Koke may be paid for referrals and for clicks to lender websites; that never changes our rating. Disclosure
This is not a payday loan: easyfinancial charges interest over time (9.99% to 35% APR (unsecured from 29.99%)) instead of a fee per $100, and your exact rate is set when you apply. Read the total cost of borrowing on the lender’s quote before you sign.
How easyfinancial works
This is an instalment lender, not a payday lender: you borrow a fixed amount, $500 to $20,000 unsecured, and repay in equal instalments over 9 to 84 months at a rate set from your credit profile, between 9.99% and 35% APR. Lower rates generally require security such as home equity. Funding usually lands within a few business days, so it suits planned borrowing more than a same-day emergency. Payments are reported to the credit bureaus, so paying on time rebuilds your file in a way payday loans never do.
What to watch
Compare the total cost of borrowing, not the payment: $1,000 at 29.99% over two years costs several hundred dollars in interest, and stretching the term shrinks the payment while growing the total. Decline the optional creditor insurance unless you’ve priced it separately, and check the current rate sheet because figures here are as published in late 2026.
What we like
- Fixed payments over months instead of one payday-sized hit
- On-time payments are reported to the bureaus and can rebuild credit
- Large branch network plus online and phone applications
What to watch
- Unsecured rates start at 29.99% APR, and poor credit prices near the 35% cap
- Optional loan insurance is actively offered and raises the payment
- A multi-month loan for a two-week problem means paying interest long after the emergency
Where easyfinancial lends
Other licensed lenders in Alberta
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.
- Cost per $100
- $14.00
- Borrow up to
- $1,500
- Funding
- Same day
- Apply
- Online and in-store
Licence verified AB, BC, SK
- Cost per $100
- $14.00
- Borrow up to
- $25,000
- Funding
- Next business day
- Apply
- Online and in-store
Licensed per lender AB, BC, MB, NB, NL, NS, ON, PE, SK Confirm with regulator
A payday loan isn’t your only option. See lower-cost alternatives
Reviewed by Trust Pilot, Accredited Financial Counsellor Canada® on November 10, 2026. Our editorial standards
Sources
- Finanso: easyfinancial review (accessed November 7, 2026)
- goeasy Ltd. corporate profile (accessed November 7, 2026)
Update log
- — Profile published from public sources. Licences listed as stated by the lender; register check by Koke pending.