Get a Quick Payday Loan in Newfoundland- Apply Today!

If you are looking for a payday loan in Newfoundland, Dime Alley can help you get the best rates today. Whether you are in St. John’s, Mount Pearl or Conception Bay. Wherever you are in Newfoundland you could have $100, $300 or $1,500 in your account the very same day as applying. Simply fill out the online application form to get started - there are even options for bad credit and no credit check loans!

Our Simple 3 Step Process to Get a Payday Loan in Newfoundland…

Step 1: Apply Online for a Payday Loan in Newfoundland

Step 2: Receive your Instant Loan Offer

Step 3: Get Your Newfoundland Loan!

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Responsibility

 

As a broker, Dime Alley ensures that your payday loan is affordable for you – even if you don’t have a perfect credit score.

The Right Fit

 

We only work with legitimate and reputable lenders, so we know that they are lending responsibly and are offering you a fair rate.

Soft Search

 

We offer soft search loans which will check your credit history without impacting your credit score or leaving a footprint.

Can I Get a Payday Loan in Newfoundland with Bad Credit?

 

You can still get a payday loan in Newfoundland with bad credit. Many of our reputable lending partners consider borrowers with bad credit history or even no credit at all. Here at Dime Alley we will work our hardest to find you a lender who is most likely to approve your application. 

Take time to consider whether you can confidently meet your loan repayments on time, as falling behind on repayments can have a negative impact on your credit score. To prevent any further financial difficulty, consider how much you need to borrow and a realistic timeframe of how you can repay it. 

Can I Get A Payday Loan with No Credit Check in Newfoundland?

 

If you are looking for loans with no credit checks and if you are worried about your bad credit history or have had a previous application denied by a bank, don’t let that stop you from applying through Dime Alley today. Our fast online service works to search all across Newfoundland to match you with a lender to suit your needs.

When assessing your loan application, we only perform a soft credit check that will not leave any visible footprint on your credit report and will not affect your credit rating in any way. Note that most lenders will request a credit check as this is often the best way to determine your eligibility for a loan. 

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What Are The Regulations For Payday Loans in Newfoundland?

Average APR 540%
Minimum Loan Term Not Specified
Maximum Loan Term 62 days
Maximum Loan Amount 50% of your paycheque or maximum $1500
Ability to Repay Early? Yes, No Fee
Multiple Loans Allowed? No
Cooling Off Period 2 days
Are Payday Loans Legal in Newfoundland? Yes

How Much Does It Cost To Get A Payday Loan in Newfoundland?

 

Our service with Dime Alley has no upfront fees. However you will be charged a fee by your lender on your loan – in Newfoundland this is set at $14 for every $100 borrowed. For example, if you were to borrow $500 for 14 days, the cost of your interest would be $70 (365% APR).

Am I Eligible for a Payday Loan in Newfoundland?

 

There are a few simple requirements to be eligible for a payday loan in Newfoundland. If you meet the following requirements you can begin your application now for $1000 or $1,500:

  • You are a Canadian citizen
  • You are over the age of 18
  • You are in employment and have a stable income of at least $800 a month
  • You have a live checking account 

Do You Charge a Fee for Using Dime Alley for a Newfoundland Payday Loan?

 

Dime Alley is a free platform and we will not charge a fee to match you with a lender in Newfoundland. If your application is approved you will be presented with an offer on your screen which you can choose to accept. Once your loan is active, you will be charged a daily or monthly interest rate by your chosen lender which will be agreed with you in writing. 



How Fast Can I Get a Payday Loan in Newfoundland?

 

If you have urgent costs, our online matching service could provide an offer for your loan on your screen in minutes! The online application form is fast to complete, requiring simple details such as your address, contact details and employment information. 

Once completed, you will receive an instant offer on your screen. If you accept the terms of your loan with your chosen lender, once approved, you could have access to funds in your account within 24 hours or equal to a same day loan.

Larger loans may take a little more time to process as your lender might require some further information to guarantee your ability to repay your loan. If you have your up-to-date information ready at hand you could certainly have the funds by the next business day! 

stjohns-payday-loans

Why Should I Get a Payday Loan With Dime Alley?

 

The process of searching for a loan from a bank or lender and waiting for approval can be very time consuming. We understand that you may have an urgent payment, such as car repairs or an unexpected medical bill, and you might need additional funds to cover you until your next paycheck. 

Our free online platform works to get you an instant decision on your loan application. If you are approved, you could have funds in your live checking account within 1 hour, 24 hours or the next business day. A payday loan through Dime Alley could be the first step you need to take to get your finances back on track. 

Where Can I Get a Payday Loan in Newfoundland?

 

As our platform is fully online, you can apply for a payday loan from wherever you are located in Newfoundland. We save you the time in searching local lenders and do the hard work for you. By filling in our simple online form with how much you want to borrow and for how long, in addition to your basic employment details, you could have an offer on your phone, tablet or computer screen within minutes! Apply from any of the following locations, or beyond:

St. John’s

Corner Brook

Grand Falls-Windsor

Gander

Labrador City

Stephenville

Happy Valley-Goose Bay

Bay Roberts

Carbonear

Clarenville-Shoal Harbour

Deer Lake

Channel-Port aux Basques

Bishop’s Falls

Bonavista

Pasadena

Botwood

Marystown

Springdale

Grand Bank

Lewisporte

St. Anthony

Massey Drive

Placentia

Burgeo

Wabana

Sheshatshiu

Stephenville Crossing

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FAQs on Payday Loans in Newfoundland

Yes. If you find yourself able, you could always look to repay your payday loan early to save money on building interest. Always discuss any changes you wish to make with your lender.



Dime Alley can help match you with a lender for loans up to $35,000. In Newfoundland there are regulations that state the maximum amount you can borrow is $1,500 and the maximum term for a loan is 62 days. 


In Newfoundland, you can only have one loan open at any one time. Therefore you can’t get a new loan until you have repaid your first loan. 


Regulations in Newfoundland state that you can’t be charged more than $14 for every $100 borrowed. This exists to protect borrowers from predatory lenders. 


There is a price cap set $14 for every $100 borrowed. This price cap exists to protect borrrowers from predatorial lenders and excessive fees.