Richmond borrowers are protected by BC's payday loan rules: lenders must be licensed by Consumer Protection BC, the cost can't exceed $14 per $100 with fees included, and no loan can be more than half your net pay. A $250 loan costs $35. See licensed lenders and local alternatives 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.
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.
Licensed per lender BC, 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, 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.
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, 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, 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.
Licensed per lender AB, BC, 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.
No storefronts confirmed in the last 90 days. Lenders listed above serve Richmond online.
Richmond's economy leans on the airport, the port, logistics, retail and hospitality, which means a lot of shift work and hourly pay. When hours get cut or a shift pattern changes, a short-term loan can feel like the only bridge to the next paycheque. Before you take one, check what BC lets a lender charge, and whether your union, employer or a local credit union can help for less.
If your hours vary, BC’s rule that a loan can’t exceed half your net pay works in your favour: it’s based on what you actually take home during the loan, not a best-case week. Give the lender your real recent pay stubs. Many airport and port employers, and the unions that represent their staff, also offer employee assistance programs with free financial counselling.
Storefront lenders are found along No. 3 Road and in plazas off Westminster Highway, and online lenders licensed in BC lend here too. Licensing is the minimum: read the contract for the total cost in dollars and the annual percentage rate, and ask what happens if a payment is returned.
The Richmond Food Bank supports residents facing a short-term squeeze. The Credit Counselling Society gives free advice by phone and online, in several languages. Banks and credit unions along No. 3 Road offer small loans and overdrafts at a fraction of a payday loan’s cost.
If a schedule change cuts $350 from your next paycheque, a payday loan to cover it costs $49 at BC’s maximum, as long as $350 is within half your take-home pay for the period. Before borrowing, check whether your employer pays out banked overtime or vacation on request, and whether you’re owed anything for shift premiums. Many workers at YVR and the port are, and asking costs nothing.
Help is available in many languages through the Credit Counselling Society and 211, which matters in a city where so many residents speak Cantonese, Mandarin, Punjabi or Tagalog at home.
If you’re new to Richmond and still building Canadian credit, a payday loan won’t usually help your credit file. A secured credit card or a small loan from a credit union, repaid on time, will. Ask at any branch along No. 3 Road; many have staff who can explain the options in your first language.
Food support for Richmond households.
Non-profit credit counselling. Advice is free, and they can set up a repayment plan with the people you owe.
Many airport, port and logistics employers offer free, confidential financial counselling through an EAP.
Yes, but BC limits the loan to half your net pay during the loan period, so the amount depends on your recent pay.
$84 at the $14 per $100 maximum, if $600 is within half your net pay.
Yes. The Credit Counselling Society offers free advice by phone and online.
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.
