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Lender
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The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Payday King's account

Finanso.Multilogin™

How to register an account

To get a loan from the company, you first need to register an account through the official website paydayking.ca.

On the main page of the site, find the "Apply Now!" button if you are a new customer. In the form, fill in all the necessary data: first name, last name, gender, the amount of the loan you want to get, SIN, date, and city of birth, your employment and bank details, and where you learned about Payday King.

After that, you will need to proceed to the next steps and fill in your income information, bank information, and information regarding the loan.

If you are an existing customer, hit the "Returning customers" button and log in to your account. You will need to introduce your first name, last name, SIN, and email.

How to reset a password

If the client has forgotten their password, most probably, they'll have to reset it with a unique link sent to the email specified during registration. This email would indicate further steps to change the password.

How to delete an account

If the client wants to delete his account, they can contact the service by writing an email or calling by phone. Alternatively, the customer can find the appropriate option after logging into their account.

FAQ

How does Payday King work?

A peculiarity of this company is that you can apply for a loan 100% online and receive swift feedback because there are no credit checks. So you don't have to go anywhere in person to apply for a loan. All you need to do is indicate the necessary information, and after one-hour maximum, receive the decision on the application.

Regarding repayment of the loan, the funds will be deducted from the account the next day after the payment of wages, and the borrower will not have to take any unnecessary actions.

How do I contact Payday King?

All the contacts for contacting the company are listed on the company's website:

Tel: 1-877-606-KING (1-877-606-5464)

Fax: 1-888-391-1186

Email: Service@PaydayKing.ca

Calculate loan payments in Payday King

Payday King calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
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Enter the desired loan amount

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CAD
USD
100 $
1000 $
Loan term
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Specify the loan term for the calculation

days
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1
14

What to pay attention to when applying for a loan from Payday King

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes Payday King from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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