Loans Ottawa works with licensed Ontario lenders across 5 loan types. Each has its own page below with who it suits, how the lender sizes it and how quickly it funds by e-transfer. Pick the one that matches the bill in front of you.
Payday Loans Ottawa
Cover a short gap under Ontario rules: $14 per $100 at most, repaid on your next pay date, two business days to change your mind.
Payday loans Ottawa lenders fund run from $100 to $1500, cost at most $14 per $100 and come due in one debit on your next pay date under Ontario's Payday Loans Act, 2008. This page covers the cost, the 50% of net pay limit, the cancellation right and the plan a lender owes you on a third loan.
Learn more about payday loans ottawa →
Installment Loans Ottawa
Spread a furnace, winter tires or a move across the Greenbelt over fixed monthly payments of 3 to 60 months.
Installment loans Ottawa lenders fund run from $500 to $10000, repaid in fixed monthly payments over 3 to 60 months at 18% to 35% APR, which is the loan for a bill that one paycheque cannot absorb. This page shows the payment table, how the loan differs from a payday loan and the Ottawa bills that need it.
Learn more about installment loans ottawa →
Bad Credit Loans Ottawa
Lenders read deposits from a federal pay run, a hospital rotation, a Kanata tech job or an airport shift before an old score.
Bad credit loans Ottawa lenders approve are sized on your pay deposits, not on the score a bank would pull, so a file with late payments, a consumer proposal or a thin history can still get a payday loan of $100 to $1500 or an installment loan up to $10000. This page explains what the lender reads instead.
Learn more about bad credit loans ottawa →
E-Transfer Loans Ottawa
Send the form from a heated O-Train platform or the kitchen table and the money arrives by Interac.
E-transfer loans Ottawa lenders fund arrive by Interac e-transfer in your chequing account, within minutes of the lender sending when autodeposit is on, and the slow part is the lender's desk rather than Interac. This page covers the timing by hour and day, autodeposit against accept by email, the account you need and cancelling after the money lands.
Learn more about e-transfer loans ottawa →
Personal Loans Ottawa
Unsecured money for a windshield cracked on the 417, a dental bill or the gap between two federal contracts.
Personal loans Ottawa lenders fund online are unsecured, run from $500 to $10000 and are repaid in fixed monthly payments over 3 to 60 months at 18% to 35% APR, which is where a borrower turns when a bank or credit union has declined. This page covers term choice, the bank comparison and what the rate depends on.
Learn more about personal loans ottawa →
Choosing between them
A payday loan bridges one cheque to the next and is sized to a share of that cheque. An installment or personal loan spreads a larger cost over months. A bad credit page explains what a lender reads instead of a score. If you are unsure, the how it works page walks through the application, and the FAQ answers the questions that come up most.
