$500 Payday Loan – Toronto, Ontario

500ollarloantoronto $500 Payday Loan   Toronto, OntarioThis borrower (who lives in Toronto Ontario) has been having some financial difficulty in the recent months since he has had some extra expenses that he was not planning on having. Unfortunately, he’s not been able to earn any extra money with any other way and this is left him with some bills have to be paid quickly or he will have some trouble with his rent and his landlord in the very near future.

So what he has decided to do is get a payday loan approved as quickly as he can online even though he can get the money from his bank (Royal Bank of Canada) in Toronto. He’s a self-described short order cook at a restaurant in downtown Toronto and he has been working there for the last two years. He is a hard worker and just needs a way to get this extra money into his bank account as quickly as humanly possible.

It’s very often the case that using a payday loan lender is a faster way of getting money into your account compared with the speed it would take to get down to the bank and request an overdraft extension or a brand-new line of credit.

So in the end this borrower ended up getting approved for an amount of $500 by a payday loan company that was 100% online based. He was approved very first lender that he applied with through our website. His credit rating is actually very good, even though he described his credit score as being weak or bad in his application. We see this so much. Borrowers think that their credit rating is bad but the truth is they have never really checked it out for themselves and they really ought to because you should get a clear clarification on your credit score before going forward with an application process for a payday loan.

$500 Payday Loan Application in Toronto

Payday Loan Amount :: $500

Payday Loan Speed :: fast

What City/Town, Province do you live in? :: Toronto Ontario

What is your employment background? :: Short order cook

Employment Position :: full-time cook

When are you paid? :: Every two weeks

Is your credit rating to be – excellent, good, fair, bad? :: Bad

How did you find us? :: On the Internet

Bank name :: Royal Bank of Canada

How are you paid? :: With a paper check

Gross Amount Per Pay Stub :: $850

Do not include ABA or bank routing numbers here. Do not enter social security numbers here. Can this application be published online with your information removed? :: Yes you are welcome to reprint this

Any extra information here please :: My name is Ralph Jenkins and I live in a suburb in Toronto Ontario, and I am just a little bit short on cash right now so I need to get a fast loan as soon as I can. I am hoping that you will find a way to set me up with a willing lender in my area before the end of the day. I have had a lot of trouble with money lately and I need to get some way in getting tin getting things sorted out . Financially and getting a payday loan is the only way I see of getting the money fast.

Add any information you are comfortable with sharing regarding this loan :: I am a hard-working person and there is absolutely no question that I will be able to pay you back on time as per your agreement . I have never defaulted on a loan in the past with any creditors, and I would go to my bank for an overdraft or something like that but it’s actually faster for me to get a payday loan with you then go that route.

Have you ever defaulted or bounced a check with a payday cash advance loan in the past? :: No

Underwriter Notes – $500 Payday Loan in Toronto, Ontario Canada

We have seen many applications coming through in Canada from applicants who have pretty good credit ratings and for some unknown reason they choose to get a payday loan, when in actual fact they should be going to their own bank and setting up some kind of line of credit or at least increasing their overdraft limit on their checking account. The interest rates that you are being charged when you use a line of credit or when you use your overdraft is extremely low compared to the rates you are paying when you use a payday loan company or a cash advance company.

We have encouraged this particular applicant to go down to their bank and arrange to have their overdraft extended or get out a small line of credit so that they can pay off any future cash shortfalls they may have in the future. We also have encouraged this particular applicant to pay off this cash advance as quickly as they humanly can.

If they need to get some extra cash to pay off a bill that is behind (like rent for their apartment, of vehicle repair, or a credit card bill) then they will be paying the high cost fees associated with a short term lender like a payday loan or cash advance company. We have also warned this applicant about the problem with rolling over a payday loan. When you roll over a payday loan past the initial repayment date as described in the loan agreement with the cash advance company you are going to be paying even higher interest. The APR on a loan like this can balloon up into the stratosphere and you could be paying an APR as high as 350% if you don’t repay the company quickly.

Do You Need A Personal Loan?

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Use the loan application below to start the process. Detail your income and purpose of loan please - lenders do not respond to applicants who don't provide it. Thanks for using BFC!

11 Loan Requests

  1. Deborah applied for the following loan:

    Loan: $8000

    Speed: As soon as possible

    Credit: Not good

    Location: Toronto, Ontario, Canada

    Income: My monthly earnings are $1800 per month


    I need the money to help with house renovations

  2. DEVANTE applied for the following loan:

    Loan: $500

    Speed: a.s.a.p.

    Credit: GOOD


    Income: $1193



  3. Bailey applied for the following loan:

    Loan: $500

    Speed: As soon as possible

    Credit: No Credit

    Location: Toronto, Ontario, Canada

    Income: I earn $2,039 each pay cheque and I am paid Bi weekly. Monthly I make $4,078. I am a full time employee. Employed with the same company for over 5 years.


    I need to take a course to upgrade my work skills so I can receive a raise at work.

  4. Cheryl applied for the following loan:

    Loan: $500

    Speed: ASAP

    Credit: no credit

    Location: sarnia ontario canada

    Income: I recive $3000.00 per month and im in need of $500.00 asap. Hopes someone emails me today!!


    Need it to pay off something. Hopes someone emails me today.

  5. kaitlyn applied for the following loan:

    Loan: 900

    Speed: today

    Credit: bad credit

    Location: toronto ontario canada

    Income: 1278.75


    Its for the rent of my rent

  6. Ronalda applied for the following loan:

    Loan: $500

    Speed: ASAP

    Credit: Bad

    Location: Dartmouth, Nova Scotia Canada

    Income: I earn $3000.00 a month


    To pay Light Bill

  7. Ashley applied for the following loan:

    Loan: 500.00

    Speed: ASAP by Friday october 31st

    Credit: Bad

    Location: Tweed ontario canada

    Income: Work two jobs one I make 1600.00/month 2nd 800.00/month And baby bonus 516.00


    To pay off some bills and portion of rent…

  8. Otasowie applied for the following loan:

    Loan: 500

    Speed: Today

    Credit: Bad

    Location: Toronto Ontario

    Income: $850 bi weekly


    To pay off some bills and portion of rent…

  9. steve applied for the following loan:

    Loan: 500

    Speed: 10/20/2015

    Credit: fair

    Location: North York

    Income: 1600 from first canada ulc part-time employment plus 630 from e.i


    need the loan to fix my laptop.

  10. Antoinette applied for the following loan:

    Loan: $1500.00

    Speed: ASAP

    Credit: Fair

    Location: Kanata, Ontario, Canada

    Income: I bring home $2544.00 monthly. I am paid biweekly and have worked for same company about 10 years.


    I am requesting this loan so I can help pay for my son’s surgery. According to insurance coverage he has until May 4, 2016 to pay the deductible.

  11. Ed applied for the following loan:

    Loan: 1200

    Speed: ASAP

    Credit: Poor

    Location: Toronto

    Income: Gross pay $6060 per month.


    Medical issue concerning my father in England, I’d like to fly home. I would like a short term loan for 6 weeks or so. I will pay a decent amount of interest.


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