Payday Loans in Ontario
Compare FCAC-regulated payday lenders in Ontario. Find fast approval loans with transparent costs and provincial protection.
Key facts for Ontario
Last updated:
Population
14 826 276
Maximum Loan
$1500
Maximum APR
391%
Ontario Payday Loan Regulations
Payday loans in Ontario are regulated by FSRA. Maximum $1,500 with cost of $15 per $100 (391% APR). Borrowers have 2 days to cancel without penalty.
Regulator: Financial Services Regulatory Authority of Ontario (FSRA)
Cooling-Off Period: 0 days
Rollover Allowed: No
Maximum Term: 62 days
How to Get a Payday Loan in Ontario
- 1
Compare Lenders
Review our list of FCAC-regulated lenders operating in Ontario. Check APRs, fees, and approval times.
- 2
Apply Online
Complete the application form with your personal details, employment, and banking information. Most applications take 5-10 minutes.
- 3
Get Approved
Lenders review your application and provide a decision within 15-60 minutes during business hours.
- 4
Receive Funds
Once approved, funds are typically sent via Interac e-Transfer same-day or direct deposit within 1 business day.
Payday Loans by City in Ontario
Find licensed payday lenders in major cities across Ontario. Click on your city to see local options and compare costs.
Toronto
Pop: 2 794 356
Ottawa
Pop: 1 017 449
Mississauga
Pop: 721 599
Brampton
Pop: 656 480
Hamilton
Pop: 569 353
London
Pop: 422 324
Markham
Pop: 338 503
Vaughan
Pop: 323 103
Kitchener
Pop: 256 885
Windsor
Pop: 229 660
Oakville
Pop: 213 759
Richmond Hill
Pop: 202 022
Burlington
Pop: 186 948
Oshawa
Pop: 175 383
Sudbury
Pop: 166 004
Barrie
Pop: 156 424
Guelph
Pop: 151 984
Whitby
Pop: 138 501
Cambridge
Pop: 138 479
St. Catharines
Pop: 136 803
Kingston
Pop: 132 485
Ajax
Pop: 126 666
Milton
Pop: 124 579
Thunder Bay
Pop: 123 258
Waterloo
Pop: 121 436
Clarington
Pop: 106 548
Brantford
Pop: 104 688
Chatham-Kent
Pop: 103 988
Pickering
Pop: 99 186
Niagara Falls
Pop: 94 415
Newmarket
Pop: 87 942
Peterborough
Pop: 83 651
Kawartha Lakes
Pop: 79 247
Caledon
Pop: 76 661
Sault Ste. Marie
Pop: 73 368
Sarnia
Pop: 72 047
Aurora
Pop: 62 057
Welland
Pop: 55 750
Belleville
Pop: 55 071
North Bay
Pop: 53 966
Georgina
Pop: 48 810
Cornwall
Pop: 47 845
Woodstock
Pop: 46 705
Stouffville
Pop: 45 837
Chatham
Pop: 44 074
Innisfil
Pop: 43 326
St. Thomas
Pop: 42 997
Bradford West Gwillimbury
Pop: 42 880
Georgetown
Pop: 42 123
Timmins
Pop: 41 788
Bradford
Pop: 38 128
Orillia
Pop: 33 411
Stratford
Pop: 33 232
Fort Erie
Pop: 32 901
LaSalle
Pop: 32 721
Orangeville
Pop: 30 734
Leamington
Pop: 28 833
King
Pop: 27 333
Grimsby
Pop: 27 314
Collingwood
Pop: 24 811
Lincoln
Pop: 24 722
East Gwillimbury
Pop: 24 589
Tecumseh
Pop: 24 315
Oro-Medonte
Pop: 23 165
Essa
Pop: 22 933
Scugog
Pop: 22 721
Lindsay
Pop: 22 367
Amherstburg
Pop: 22 226
Brockville
Pop: 21 854
Owen Sound
Pop: 21 753
Uxbridge
Pop: 21 556
Essex
Pop: 21 420
Huntsville
Pop: 21 112
Springwater
Pop: 20 633
Cobourg
Pop: 19 440
Trenton
Pop: 18 853
Thorold
Pop: 18 801
Pelham
Pop: 18 563
Port Colborne
Pop: 18 306
Niagara-on-the-Lake
Pop: 17 511
Midland
Pop: 17 241
Petawawa
Pop: 17 187
Port Hope
Pop: 16 753
Tillsonburg
Pop: 16 150
Bracebridge
Pop: 16 010
Kenora
Pop: 15 096
Clearview
Pop: 14 500
Severn
Pop: 14 244
Pembroke
Pop: 13 882
Ingersoll
Pop: 13 757
Tiny
Pop: 12 407
Gravenhurst
Pop: 12 311
Brighton
Pop: 12 108
Carleton Place
Pop: 11 901
Elliot Lake
Pop: 10 741
Hawkesbury
Pop: 10 263
Ramara
Pop: 10 243
Temiskaming Shores
Pop: 9 634
Arnprior
Pop: 9 039
Smiths Falls
Pop: 8 978
Penetanguishene
Pop: 8 962
Kapuskasing
Pop: 8 196
Kirkland Lake
Pop: 7 981
Renfrew
Pop: 7 846
Dryden
Pop: 7 749
Fort Frances
Pop: 7 739
Parry Sound
Pop: 6 408
Perth
Pop: 5 930
Cochrane
Pop: 5 321
Napanee
Pop: 5 314
Gananoque
Pop: 5 285
Sioux Lookout
Pop: 5 272
Hearst
Pop: 5 070
Espanola
Pop: 4 996
Iroquois Falls
Pop: 4 537
Deep River
Pop: 4 109
Red Lake
Pop: 4 107
Prescott
Pop: 4 078
Bancroft
Pop: 3 838
Campbellford
Pop: 3 600
Blind River
Pop: 3 472
Marathon
Pop: 3 273
Haliburton
Pop: 3 228
Wawa
Pop: 2 975
Atikokan
Pop: 2 753
Minden
Pop: 2 200
Geraldton
Pop: 2 009
Mattawa
Pop: 2 003
Rainy River
Pop: 836
Showing all available cities in Ontario (129 total).
Frequently Asked Questions
What is the maximum payday loan amount in Ontario?
In Ontario, the maximum payday loan amount is $1500 CAD. This limit is set by Financial Services Regulatory Authority of Ontario (FSRA) to protect borrowers from over-indebtedness.
What is the APR for payday loans in Ontario?
Ontario payday loans have a maximum APR of 391%. Payday loans in Ontario are regulated by FSRA. Maximum $1,500 with cost of $15 per $100 (391% APR). Borrowers have 2 days to cancel without penalty.
How long is the cooling-off period in Ontario?
Ontario provides a 0-day cooling-off period, allowing you to cancel your payday loan without penalty within 0 days of signing.
Who regulates payday loans in Ontario?
Payday loans in Ontario are regulated by Financial Services Regulatory Authority of Ontario (FSRA). You can verify licensed lenders at https://www.fsrao.ca/
Can I get a payday loan online in Ontario?
Yes, many FCAC-regulated lenders offer online payday loans to Ontario residents. Applications are processed 100% online with same-day approval and Interac e-Transfer disbursement available.
Emergency Financial Help
If you're experiencing financial difficulties, contact your local financial counseling service.
- South Africa: National Credit Regulator - 0860 627 627
- Romania: ANPC - 0213142200
- Colombia: Superintendencia Financiera - (571) 594 2222
- Poland: KNF - 22 262 5000
- Czech Republic: ČNB (Česká národní banka) - 224 411 111
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