Toronto Payday Loan Company – Direct Lender For $1000-$1500-$2000


direct lender payday loan toronto canada Toronto Payday Loan Company   Direct Lender For $1000 $1500 $2000We’re back to Ontario again and we’re in Toronto where one of our website visitors was looking for a quick payday loan with a direct lender. Eldon is on disability and Canada pension so he does have a steady income. He’s 67 now and he just needed a fast chunk of cash for emergency purposes. He doesn’t have any money in saving as he was washed out of cash sending his two sons away to rehab clinics down in Florida.

It goes like this. Eldon’s wife is ten years old than him and her health is failing. She can’t handle the humidity and the heat any longer that can be quite brutal sometimes in Toronto. They have to purchase a central air system and get in installed. He wants to pay back the the $2000 loan with monthly installments for $500 per month. Unfortunately, finding a lender that provides small (tiny really) small consumer loans for $2000 with installment payments is tough go. Payday cash advance companies in Toronto (or anywhere in Canada for that matter) won’t approve monthly installments – they only do one month terms (max.) usually.

This borrower’s total credit card debt is at $3500 and he can’t get his bank (HSBC) to raise his credit limit on the card, so that avenue of funding is out of the question. Eldon and his wife don’t own their own home so they don’t have any equity either. He had to make a deal with the landlord (who refused to put in air) that Eldon would put up half the cash to get the install done, and then his rent would be less for 6 months time. Problem is that he can’t find a lender – tough situation. You can’t used an installed central air conditioner as collateral on a bank note. Well, last I looked anyway ;-).

Now when you look at the applicant’s credit number fico score it’s not to badly out of shape. I’m mean, a FICO of 610 isn’t great, by any stretch, but it’s not the worst case either. Most banks would extend Eldon more credit, but unfortunately, there is another problem with his loan. His DTI.

Eldon has a standing DTI (Debt To Income Ratio) at .73 which means for all the money he has coming in at the end of the month, he has to spend most of it on rent, living, eating, driving, and medication. Eldon’s wife is also a Stage 1 diabetic, and the cost of diabetic supplies (pumps, insulin, etc, etc.) is rather expensive on a monthly recurring basis. The banks look at his monthly costs of living, his outstanding debt(s) such Visa, personal loans, mortgage payments, and vehicle payments, and they make a call based on the DTI. A DTI of .73 doesn’t get loan officers all wet with excitement about lending you any money. So this is why he was trying to find a payday lender to approve his small loan.

Now, as it turns out, Eldon had used a payday lender in the past, and had a solid reputation with them for paying back his loan on time. This means he can get another payday loan for $1500 without any delays, and that is what he had to settle for. Canadian payday loan companies (as a rule of thumb) rarely lend out more than $1500 – this is what Eldon was approved for in the final play. Below is the borrower information;

Borrower Loan Request = Money Required: $2000 preferably, but $1500, What Can You Handle Each Month for Installment: $500, Equifax Credit Rating: 610, Debt To Income Ratio: 0.74, Area of Loan Request: Toronto, Ontario, Country Loan Request: Canada, Reason For Loan: Central air conditioning unit for house, Total Term Length: 3 months, Your Income: $3,300, Time at Job: Retired, Employment: Environmental Science Teacher, Recent Monthly Income: $3,300.

Urgency Level: Emergency Situation, Owing On Visa: $3,500, Present Liability: $12,000, Car/Truck Model: Ford Ikon, Amount Owing: Owned Outright.

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22 Loan Requests

  1. Dennis applied for the following loan:

    Loan: $4000 direct lender loan

    Speed: Tomorrow please

    Credit: Fair to Bad

    Location: Toronto, ON, Canada

    Income: $5500 monthly and paid monthly - I work for a construction company in TO.

    Reason:

    A friend of mine got a loan through your site (BUCKS FOR CANUCKS) and he managed to get a lender who lent him $3500. The interest was less than a payday loan company too. I would like to find that same lender please.

    Your speed would be greatly appreciated as I don’t have anywhere else to turn at this point.

  2. Vivian applied for the following loan:

    Loan: 1500

    Speed: By Nov 11th/2011

    Credit: poor

    Location: Toronto/Ontario/Canada

    Income: I earn $2198 after taxes

    Reason:

    To get rid of some payday loans I have out.

  3. Bailey applied for the following loan:

    Loan: $2000

    Speed: Within 2 weeks

    Credit: Poor

    Location: Wasaga Beach, Ont, Canada

    Income: I make $1920 after taxes per month.

    Reason:

    I have been offered a full time employment opportunity in Nova Scotia, to start July 2, but do not have the means to get there, and the start up cash for first and last months rent. $2000 would help significantly in getting on my feet! I am promised 40 hours a week in this position, and my fiancé will also be working.

  4. Amber applied for the following loan:

    Loan: $800

    Speed: immediately

    Credit: bad

    Location: Scarboro Ontario ,Canada

    Income: 1200 net after taxes

    Reason:

    Family emergency

  5. waheed applied for the following loan:

    Loan: 500.00

    Speed: sos

    Credit: bad

    Location: scarbrough ont. canada

    Income: 1458.

    Reason:

    to pay rent

  6. curtis applied for the following loan:

    Loan: 2,000

    Speed: tomorrow

    Credit: fair

    Location: los angeles,ca usa

    Income: i receive veterans benefits and its 2,769.00 per month at the 1st of every month

    Reason:

    I have fell behind on some bills and needed this loan to help me get back above water.

  7. Jan applied for the following loan:

    Loan:

    Speed:

    Credit:

    Location:

    Income:

    Reason:

    Downpayment on used vehicle. I only need this loan for 1 mt.

  8. Gerald applied for the following loan:

    Loan: 5000

    Speed: Today

    Credit: 680

    Location: Lewiston, idaho ,USA

    Income: Income is via social security for a total of $1086 a month. My wife and I are both medically disabled.

    Reason:

    The purpose of the loan is to consolidate a series of bills that when paid off will free up about $400 in our finances . I also need a portion of it for new shoes and leg braces. Our financial status is due to a auto accident where the party that hit us had no insurance . The rest of the problem stems from two different stays in the hospital by me.

  9. Gerald applied for the following loan:

    Loan: 2500

    Speed: yesterday

    Credit: good

    Location: Lewiston, Idaho , USA

    Income: Wife and I are both on SSI an disabled Total of 1086 a month.

    Reason:

    Need to pay off two payday loans an catch up general house hold bills . I have been hospitalized recently and our pick up got hit from behind. This cost us over $3500 really hurt the buget. We have no assets or valuables to despose of . Aloan all we know to fix this $2500 on installments would fit in our budget .

  10. Gerald applied for the following loan:

    Loan: $2500

    Speed: yesterday

    Credit: Good 680

    Location: Lewiston , Idaho USA

    Income: Wife an I are both disabled and on SSI at $1086 a month .

    Reason:

    We need to pay off two payday loans and catch up the rest of our finances. We are behind due to me in the hospital recently and our pickup get hit from behind .

  11. Delrico applied for the following loan:

    Loan: 2000

    Speed: Facing eviction and child lives with me

    Credit: Fair...621

    Location: Memphis, Tn USa

    Income: 2,800 as a caregiver with Suppory solutions and work in barbershop on off days thats another 1000

    Reason:

    Facing eviction and my daughter lives with me and I have to pay 1800 to keep apartment… My bank had withdrawn funds I didnt authorize and caused me to be late on the rent

  12. George applied for the following loan:

    Loan: 2500

    Speed: now

    Credit: no credit - trying to get started

    Location: Belleville, Ontario, Canada

    Income: I am on ODSP and I get $823 per month.

    Reason:

    I am trying to get a motorcycle. I am trying to get a loan for $2500 over 36-48 months, I am willing to go a little higher in interest rate [%] but nothing hopefully over about $85-$90 a month!!

  13. kIM applied for the following loan:

    Loan: 2500

    Speed: TOMORROW

    Credit: FAIR

    Location: FORT LAWN, SC, US

    Income: I MAKE 2814.00 AFTER TAXES.

    Reason:

    I NEED TO PAY OFF SOME SMALL BILLS AND JUST HAVE ONE PAYMENT. IVE BEEN ON MY JOB FOR 10 YEARS.

  14. daniel applied for the following loan:

    Loan: 2500

    Speed: asap

    Credit: poor

    Location: trenton new jersey

    Income: I get paid every two weeks and each check is 1243.00 dollars after taxes and I get paid twice a month.if I cant get 2500.00 I need the most you can loan me. thank you

    Reason:

    ci am behind on my house payments

  15. Lester applied for the following loan:

    Loan: 1000-2000

    Speed: next few days

    Credit: 585

    Location: Toronto, Ontario Canada

    Income: 1400 per month from day job at Woodbine racetrack (line cook) 400-600 per month from second job at airport

    Reason:

    catch up on rent and stop taking out payday loans. one loan to catch everything up and then smaller monthly or bi weekly payments will be a great help and get me on the right track.

  16. Jacquelyn applied for the following loan:

    Loan: 2,500

    Speed: Now

    Credit: 567

    Location: Fresno, Ca

    Income: I earn 4,700 a month after taxes from my primary job. I also have a second job that provides 2,000.

    Reason:

    I have been with my employer for 23 years.

    I want to pay off previous small loan (taxes) and credit cards. I want to build credit.

  17. Sean applied for the following loan:

    Loan: $2,300

    Speed: ASAP

    Credit: BAD

    Location: Toronto,Ontario

    Income: $1,980

    Reason:

    house payment

  18. Elizabeth applied for the following loan:

    Loan: $2-2500.00

    Speed: ASAP

    Credit: Poor-in the process of rebuilding after a divorce

    Location: On Canada

    Income: HOOPP $2700 CPP $1100.00 Spousal support $170.00/mt.

    Reason:

    To pay for surgery for my dog.

  19. Elizabeth applied for the following loan:

    Loan: $2500.00

    Speed: July 11th

    Credit: Poor

    Location: Ontario

    Income: HOOPP $2700.00 CPP $1100.00 Spousal support $170.00/mt

    Reason:

    Surgery for dog

  20. Steve applied for the following loan:

    Loan: 15000

    Speed: Immediately

    Credit: Poor

    Location: Airdrie

    Income: 5400 gross - 4200 clear

    Reason:

    Want to pay all current debt have one payment
    I had a sick relative in the states who recently passed away. I have been trying my best to pay for medical bills and funeral but got behind in my bills
    Wish to catch up can be paid within 2 years maybe less

  21. loraine applied for the following loan:

    Loan: 2000

    Speed: January 9th 2015

    Credit: Not good

    Location: Toronto Ontario Canada

    Income: I make approximately $2300 after taxes

    Reason:

    Bills

  22. Miranda applied for the following loan:

    Loan: $2000

    Speed: As soon as possible

    Credit: Fair to Good

    Location: Toronto, Ontario, Canada

    Income: I've worked full time as a line cook in a kitchen downtown for the past 8 months. I make approximately $1400.

    Reason:

    I’m looking to purchase a mac book laptop for school but can’t afford to pay for it all at once.

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