Speedy Cash
Payday Loans for Canadians on Disability Benefits
Can I get a payday loan on disability benefits?
Quick Answer
Yes. Speedy Cash accepts permanent disability benefits, including CPP Disability, Persons with Disability income (PWD), Saskatchewan Assured Income for Disability Program (SAID), and ODSP, as long as they are paid by direct deposit to your chequing account. Your credit score is not part of the decision, because we review your income, ability to repay, and other factors. You can borrow $100 to $1,500 and apply online or in one of our 19 stores across Canada.
Living on a fixed disability income can make a surprise cost hard to handle. A payday loan from Speedy Cash can help you cover a gap before your next benefit payment. If you receive permanent disability benefits by direct deposit, you can apply online in minutes.
Does Speedy Cash Accept Disability Income?
Yes. Speedy Cash lends to customers who receive permanent disability benefits. We look for steady benefit income paid by direct deposit to your chequing account.
Common examples include the Canada Pension Plan Disability benefit (CPP-D) and the Ontario Disability Support Program (ODSP). Your qualifying permanent disability benefits work the same way as standard income. As long as your income is stable and permanent, you can apply.
How Do You Qualify for a Disability Payday Loan?
To apply, you need:
Speedy Cash does not pull your credit score. Instead, we evaluate your income, ability to pay, and other factors to make lending decisions. Our products are designed for people with less-than-perfect credit.
- Permanent disability benefit income paid by direct deposit
- An active Canadian chequing account
- A phone number and email address we can reach you at
- Proof you are the age of majority in your province
How Much Can You Borrow?
You can borrow from $100 to $1,500 with a Speedy Cash payday loan. Your amount depends on a variety of information, such as your income and banking history.
The most we charge is 14% of the amount you borrow, or $14 for every $100. We explain every fee up front, and there are no hidden fees. You see the full cost before you accept.
How Fast Can You Get Your Money?
Once approved, most customers receive their money the same day by Email Money Transfer or Instant Debit Card Funding. In most cases, funding is available within 30 minutes after approval.
You can apply online any time of day. Approvals and funding happen during business hours, so the timing depends on when you apply. Instant Debit Card Funding sends money to your debit card during business hours, and the speed varies based on your bank.
How Do You Repay a Payday Loan on Disability Benefits?
Your Speedy Cash payday loan is repaid in full on your next benefit payment. In Alberta, you repay through scheduled payments instead.
Why Borrowers on Disability Choose Speedy Cash
A Speedy Cash payday loan can be a helpful way to cover a cost before your next benefit payment. You get a clear amount, a clear cost, and a fast decision.
Because we do not pull your credit score, a fixed income and less-than-perfect credit are welcome. You can apply from home, or in one of our 19 stores across Canada. Our team is here to answer your questions before you accept your loan.
Where Is Speedy Cash Available in Canada?
Speedy Cash serves customers in eight provinces. We have stores in Alberta, British Columbia, Saskatchewan, and Nova Scotia. We lend online in Manitoba, New Brunswick, Newfoundland and Labrador, and Ontario.
If you receive ODSP in Ontario, you can apply online.
Frequently Asked Questions
Can I get a payday loan on ODSP in Ontario?
Yes. If you receive ODSP by direct deposit in Ontario, you can apply online with Speedy Cash. We review your income and ability to repay, not your credit score.
Does Speedy Cash check my credit score?
No. Speedy Cash does not pull your credit score. We look at your income, banking history, and ability to repay to make a lending decision.
What disability benefits count as income?
We accept permanent disability benefits paid by direct deposit, such as CPP Disability, Persons with Disability income (PWD), Saskatchewan Assured Income for Disability Program (SAID), and ODSP. Your benefit payment needs to be steady and ongoing.
Can I apply for a disability payday loan 24/7?
You can start your application online any time of day. Decisions happen instantly, and funding happens during business hours, so you get your money quickly if your application is approved.
Resources
- Speedy Cash Government Benefits Loans
- Speedy Cash Payday Loans
- Apply with Speedy Cash
- Canada Pension Plan disability benefit (Government of Canada)
- Ontario Disability Support Program (Government of Ontario)