Burnaby payday loans follow BC rules: the lender needs a Consumer Protection BC licence, the total cost is capped at $14 for every $100, and a loan can't exceed half your net pay. Borrowing $400 costs $56. Licensed lenders serving Burnaby and lower-cost options are listed below.
Last reviewed November 7, 2026
Payday loan rules are set by each province and can change. Figures on this page were last checked on November 7, 2026 against Consumer Protection BC. Always confirm with the lender’s contract and your regulator.
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.
Licensed per lender AB, BC, MB, NS, ON, SK Confirm with regulator
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.
Licensed per lender AB, BC, NS, ON Confirm with regulator
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.
Licensed per lender AB, BC, MB, NB, NL, NS, ON, SK Confirm with regulator
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.
No storefronts confirmed in the last 90 days. Lenders listed above serve Burnaby online.
Burnaby sits between Vancouver and the eastern suburbs, with big employers in tech, film production, retail and education, and a large student population at Simon Fraser University and BCIT. Many residents rent high-rise suites near SkyTrain stations, where a rent increase or a slow month on a contract can create a short gap. Here's what a payday loan costs in Burnaby and some cheaper alternatives close to home.
SFU and BCIT both run emergency financial help for students, including short-term loans and bursaries. A $500 payday loan costs $70; an emergency student loan for the same amount is usually interest-free. Talk to the financial aid office before you borrow anywhere else.
Storefront lenders are mostly along Kingsway near Metrotown and Edmonds, and along Hastings Street in North Burnaby. Online lenders licensed in BC send money by e-Transfer. Remember that BC caps each loan at half your take-home pay, so a lender has to check your income, and no lender can charge you for a cash card.
The Credit Counselling Society offers free advice to Burnaby residents by phone and online, and can set up a repayment plan if you’re behind on several bills. bc211 connects people with local help for food and rent. If your film or contract work is seasonal, a small line of credit from a credit union, opened while you’re working, can carry you through slow months for much less.
A $600 payday loan for two weeks costs $84 at BC’s cap. Paying that back over three months instead with a small credit union loan at, say, 12% would cost roughly $12 in interest. Even a cash advance on a credit card would usually cost under $20 for the same period. The payday loan’s advantage is speed and the fact that it doesn’t usually depend on your credit score; its disadvantage is everything else. If you have any access to a cheaper option, use it.
New Westminster residents often borrow in Burnaby, and the same BC rules apply to both cities.
Students can ask about emergency bursaries and short-term student loans, often interest-free.
Non-profit credit counselling. Advice is free, and they can set up a repayment plan with the people you owe.
Free, confidential referrals to help with rent, food, utilities and emergencies. Dial 2-1-1 any time.
If they meet a lender's income rules, yes, but the school's emergency funds are usually much cheaper.
Up to $140, provided $1,000 is no more than half your net pay for the loan period.
Consumer Protection BC, which licenses lenders and handles complaints across the province.
One application, about three minutes. Our matching partner shows you the offer that fits your answers, from a lender that works in British Columbia. Read the cost before you sign.
