- 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
My Canada Payday payday loans: costs, licences and review
Last reviewed November 10, 2026 by the Koke editorial team.
My Canada Payday is an online payday lender run by Westrock Financial Ltd. of Surrey, BC, lending up to $1,500 in six provinces including Alberta at up to $14 per $100. It accepts applications at any hour and states e-Transfer funding within about 15 minutes of signing, weekends included.
Last reviewed November 10, 2026
My Canada Payday at a glance
- Provinces served
- Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Saskatchewan
- Apply
- Online, Phone
- Borrow
- $100 to $1,500
- Repay within
- 7 to 62 days
- Loan type
- Payday loan
- Cost per $100
- $14.00
- On $500 for 14 days
- $70.00 fee · $570.00 total
- Annual rate on that example
- 365.0%
- Money arrives
- Same day (Interac e-Transfer, stated as within about 15 minutes of signing, including weekends and holidays)
- Credit check
- No credit check stated by lender: “Published reviews say decisions are based on your bank account activity rather than your credit history”
- If a payment bounces
- —
- If you pay late
- —
- Support hours
- —
Is My Canada Payday licensed where I live?
Provincial regulators license payday lenders. Rows marked Verified were checked on the provincial register on the date shown. Rows marked Listed by lender are the provinces the lender says it is licensed in, which we haven’t checked yet. Either way, licences can change, so use the Verify link before you apply.
| 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 | |
| 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 | |
| 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 My Canada Payday or with other lenders. Koke may be paid for referrals and for clicks to lender websites; that never changes our rating. Disclosure
Borrowing $500 for 14 days at $14.00 per $100 costs $70.00. You’d repay $570.00 on Tuesday, November 24. As an annual rate, that’s 365.0%.
Try your own numbers
How applying with My Canada Payday works
You apply on its website or by phone at any hour, link your bank account so the lender can confirm your pay, and sign electronically. Published reviews describe e-Transfer funding in about 15 minutes once the agreement is signed, including on weekends, with repayment taken by pre-authorized debit on your payday. Loans are capped at half of your paycheque, and the licence for each province, including Alberta licence 342618, is published on its site.
What to watch
You must be an employee with regular paycheques and about six months of banking history; self-employment income doesn’t qualify. The lender’s own application asks for your Social Insurance Number, which licensed lenders may request but you may prefer not to share. The $14 per $100 cost is the legal maximum, so compare cheaper options first.
What we like
- Applications accepted 24/7, with weekend and holiday funding
- Publishes its payday licence number for every province it serves
- Returning borrowers are funded especially quickly
What to watch
- Charges the provincial maximum of $14 per $100
- Employment income only: self-employed applicants are not accepted
- Asks for your Social Insurance Number during its own application
Where My Canada Payday 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
- Loans Canada lender profile (accessed November 7, 2026)
- Finder Canada: My Canada Payday review (accessed November 7, 2026)
Update log
- — Profile published from public sources. Licences listed as stated by the lender; register check by Koke pending.