Speedy Cash
Emergency Loans in Canada: Get Quick Cash When You Need It
How an Emergency Loan Works at Speedy Cash
Quick Answer
A Speedy Cash emergency loan covers an unexpected cost, such as a car repair or a vet bill. You can borrow $100 to $1,500, based on your income rather than your credit score. Apply online any time of day. Approval and funding happen during business hours, and funds often arrive within the hour by Email Money Transfer.
What Is an Emergency Loan?
An emergency loan, also called an emergency payday loan, is a short-term loan that helps you cover an unexpected cost. Think of a car repair, a vet bill, or a higher-than-usual hydro bill. Speedy Cash offers emergency loans from $100 to $1,500. The amount you can borrow is based on your own income and ability to repay, not on where you live. You can apply online or in-store, and once approved, we send your funds fast.
Emergency Loans for Less Than Perfect Credit
A past money problem or a short credit history should not block you from getting help. Speedy Cash does not pull your credit score. Instead, we look at your income, your banking history, and your ability to repay. Our emergency loans are built for people with less than perfect credit. This can save you time. It can also improve your chances of approval. You can read more about our Speedy Cash no credit check loans if you want the full picture.
Emergency Loans
How to Apply for an Emergency Loan
Applying is simple. You can apply online in a few minutes, or visit a store and our team will walk you through it. You can start your application online any time of day. Approval and funding then happen during business hours. Here is what you need to apply:
- Two pieces of government-issued ID (one must include your photo)
- Blank personal cheque and/or pre-authorized debit form
- 60-day bank statement from date of application
- Proof of address
- Most recent pay stub
What you need can vary by province, so find a Speedy Cash store near you, or visit us online to confirm before you apply.
How Fast Can You Get Emergency Cash?
We know an emergency cannot wait. Once approved, most customers receive their money the same day, often within an hour by Electronic Money Transfer (EMT). Funding options can get you the cash within the hour after approval, and in some cases in as little as 30 minutes.
Instant Debit Card Funding from Speedy Cash is another way to get your money. It is a funding option, not a loan. It is available everywhere Speedy Cash lends online in Canada, during business hours, and the exact timing varies based on your bank.
What Income Can You Use to Qualify?
You do not need a regular job to apply. Speedy Cash accepts many income sources paid by direct deposit. These include employment income, Employment Insurance (EI), the Canada Pension Plan (CPP), a private pension, the Canada Child Benefit (CCB), Old Age Security (OAS), and disability income such as CPP-D or ODSP. You can still apply if your income comes from government support. See our Speedy Cash government benefits loans for the full list.
How Do You Repay an Emergency Loan?
An emergency loan from Speedy Cash is repaid in full on your next paycheque, or through scheduled payments in Alberta. Fees are explained up front, and there are no hidden fees. The maximum charge is 14% of the principal, which is $14 for every $100 you borrow. You can repay online or at any store on or before your due date.
Where Can You Get an Emergency Loan in Canada?
Speedy Cash offers emergency loans in eight provinces: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick, and Newfoundland and Labrador. You can apply online in all eight. You can also visit a store in British Columbia, Alberta, Saskatchewan, and Nova Scotia. Whether you need an emergency loan in Ontario, Alberta, or Calgary, you can start your Speedy Cash payday loans application online today.
Why Canadians Choose Speedy Cash for Emergency Loans
Canadians want a lender they can trust when money is tight. Many turn to Speedy Cash when they need an emergency payday loan.
Quick, Simple Application
In an emergency, time matters. Our online form is short. Approved applicants get their funds fast, so you can deal with the problem in front of you.
Helpful Customer Service
From your first question to your final payment, our friendly team is ready to help you at every step.
Trusted for Over 20 Years
Speedy Cash has served Canadians for more than 20 years. We lend responsibly and keep our terms clear. That has earned trust from customers across the provinces we serve.
Get Your Emergency Cash Today
When an unexpected cost comes up, an emergency loan can help you handle it with less stress. Apply online now with Speedy Cash, or find a Speedy Cash store near you. You can borrow up to $1,500.