Instant Loans: The Best Alternative to Payday Loans

It’s impossible to predict what life will throw at you, and even the best of us have found ourselves in a tough financial situation. Whether it’s a car repair, overdue rent, or dental bill that has landed in your mailbox, life rarely waits for when you have money in your pocket.

So, when a financial emergency occurs, how do you solve the problem without plunging into the red? While some turn to family and friends, not all Canadians have this luxury. Instant loans of up to $1,500 are a smart way to settle unexpected costs and seize opportunities right away!

What are Instant Loans?

An instant loan (also known as a smart loan) is an improved version of the much-loved payday loan. While similar, an instant loan helps solve money problems, yes, you guessed it, instantly.

Instead of waiting days for approval, instant loans approve you within minutes, and the money will be in your account shortly after. The quick loans are designed to help you immediately navigate the cost of emergencies but can also help you seize a moment when payday seems a long way away.

From medical bills to appliance repairs, borrow up to $1,500 and repay the sum on your next payday. Depending on your province, you can repay your loan in one or multiple installments.

Loan Express has created a 24/7 online process, meaning there is no need for bank appointments or face-to-face meetings. It doesn't matter if your car has broken down in the early morning or your furry friend needs a late-night visit to the vet; you can apply and receive an instant loan 24/7, 365 days a year. Think of it as an instant cash source, available at your fingertips when you need it most.

Benefits of Instant Loans

Instant Loans with No Credit Check

While banks and financial institutions will reject your application if you have bad credit, smart lenders like Loan Express approve everyone who meets the requirements, including those with bad credit. We will never judge you based on your credit score, and you may still qualify for up to $1,500.

Faster Approval

Instead of waiting days and sometimes weeks to receive approval from a bank, instant loans are approved within minutes! We understand that you need money fast, so our approval system is built with speed in mind.

No Paperwork Needed

With an instant loan, there’s no need for complicated paperwork. The short online application makes things easy—no queues, no appointments, and most importantly, no hassle.

Multiple Money Receiving Options

How would you like to receive your cash? With Instant Loans, you can receive up to $1,500 via bank transfer or Interac e-transfer. The latter of which will be sent within five minutes!

Instant Cash Advance Anywhere Across Canada

There’s nowhere in Canada Loan Express doesn’t service. From the smallest town in British Columbia to downtown Toronto, every Canadian can access instant cash.

Who are Candidates for Instant Loans?

Instant loan candidates come from various backgrounds, but they have one thing in common: the need for quick cash. Loan Express payday loans are available across Canada. To apply, you must:

  • ✔ Be 18 years of age or older.
  • ✔ Have a bank account open and in use for at least 30 days.
  • CTC, CPP, Pension, Disability or Payroll that is on Direct Deposit.

Loan Express closely follows all laws in the Canadian Provinces we lend in. Select your province to view important disclaimer information specific to your province.

How Do Instant Loans Work?

If you are considering an instant loan to solve your money troubles, it’s important to know what to expect. Unlike traditional bank loans, things are a lot more straightforward.

Instant loans are a convenient way to receive up to $1,500 exactly when you need it. For those who meet the realistic requirements (listed above), the fast online application is open 24/7. Once you have received approval - typically within ten minutes - you will be asked to sign a digital agreement and provide your email address so that the funds can be sent to you via e-Transfer.

Once you have the funds, you can spend the money on whatever you like. Repair your faulty car, replace your temperamental appliances, or treat yourself to a spree at the mall - it’s entirely up to you!

Repaying the loan is just as easy as receiving it. On the agreed-upon date, your loan amount plus interest charges will be automatically taken from your next paycheck. Depending on your pay cycle and province of residence, this could be up to 62 days. Some provinces, including Alberta, British Columbia, and Ontario, may require repayment over more than one pay date.

When it comes to fees, some lenders can make things a little complicated. Look for a licensed direct lender who makes it easy to understand the costs of borrowing. Trusted lenders specify the terms of borrowing in the agreement and give a clear indication of how much will be withdrawn from your bank account and on which date.

Where Can You Loan Money Quick in Canada?

No matter where you reside, Loan Express provides fast and easy access to payday loans across Canada. We cover all Canadian cities, like the ones listed here, and remote locations, too!

How To Apply For An Instant Loan in Canada

Applying for an instant loan in Canada couldn’t be easier. Just follow these two simple steps:

1. Apply Online

Using our 24/7 online application, you can apply anytime, anywhere. Whether in line for groceries or on your couch during a Netflix binge, take five minutes to fill in your basic information and select your loan amount.

2. Receive your money

As soon as you receive approval and sign the digital loan agreement, your money will be sent within five minutes via e-transfer. For bank transfers, loans approved before 11 am will be deposited the same day by 3:30 pm. Loans approved by 4 pm will be deposited the same day by 8:30 pm PST.

Why Choose Loans From Loan Express?

Loan Express has proudly offered instant loans across Canada since 2005. Over 15 years of lending, we have helped thousands of Canadians put their finances back on track.

When it comes to smart instant loans, Loan Express keeps things simple. Fill in your online application any place, any time, and you’ll receive an instant decision. If you meet our requirements, you will be sent up to $1,500 within 5 minutes! No jargon, no lengthy applications, and no hidden fees, just straightforward, quick loans.

Unlike other lenders, Loan Express has your best interests at heart. We only approve amounts that you’ll be able to repay, and we’re completely transparent about the fees - ethical standards that are hard to find in the industry.

With instant approval, 24/7 applications, and honourable practices, it’s no surprise that Loan Express is one of the fastest-growing and most trusted instant lenders in Canada.

How We Differ From Other Loan Companies

Quick Approval

We understand that you need cash, and you need it fast. Our online application is available 24/7, and we use a sophisticated decision-making system that approves loan applications within minutes. Our instant review and approval process ensures you receive your money exactly when you need it.

Money when you need it

You need money fast, so why wait? After signing the loan agreement, Loan Express will send you your loan amount via e-transfer within 5-minutes!

Ethical lending

We pride ourselves on our responsible and transparent lending. Before you accept the loan, we display the costs in an understandable manner so that there aren’t any nasty surprises. Our customer service team is available around the clock to answer any questions you may have.

No credit checks

When you apply for an instant loan with Loan Express, we don’t perform a credit check. To us, credit score isn’t a fair reflection of your ability to repay, so we focus on other factors, such as regular income. If you have a bad credit score, don’t be deterred - you may still qualify for up to $1,500.

Customer Service

Online lending means you avoid tedious journeys to the bank, but we do understand that there will be times when you need to speak with a real person. Our outstanding customer support team is available to answer all of your questions. With fast response times, we are with you every step of the way.

Protect Your Data

Receiving a loan from Loan Express is entirely secure. As a direct lender, we don’t share your information with any third parties, and all data stays in-house. We have invested in bank-level encryption to ensure your data remains confidential.

Loan Express v.s. Traditional Payday Lenders

Loan Express
TRADITIONAL PAYDAY LENDER
LENDERS WITH BROKERAGE FEE
Licenced
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Paperless
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No hidden fees
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High approval rate
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E-Transfer within 5 mins
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Loans 24 hours a day
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Fully automated
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Responsive call center staff
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Trained staff to assist you
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Needs for a fast online loan? Get your 5-minute Instant Cash today!

Loan Express is here to solve your money problems, whatever the predicament. Our instant loans are here at any time you find yourself in a sticky financial situation.

Apply for an instant loan and receive notification of approval within minutes. If you’d rather apply over the phone with one of our friendly customer service representatives, call us at 1-800-973-8033.