Best Payday Loans in Nunavut - Borrow Online Today with Dime Alley
Looking for a fast payday loan in Nunavut, Iqaluit, Arviat or Rankin Inlet? At Dime Alley, we offer an online, entirely free application process where you will receive an instant decision and get funded within 1 hour, 24 hours, or the next business day.
Apply for a Payday Loan In Nunavut in 3 Simple Steps…
Why Get a Payday Loan in Nunavut?
Dime Alley and our partners understand that life can throw unforeseen expenses your way, whether they be an unexpected bill or urgently needed house repairs (see emergency same day loans). This is why we have set up a fast application process catering to borrowers of all kinds, including borrowers with bad credit or a poor credit history.
Does Dime Alley Charge A Fee When Applying?
No, Dime Alley offers an entirely free application process that works to find you a reputable lender who will provide the loan to suit your financial needs. There are no upfront fees when using Dime Alley, and absolutely no impact to your credit rating.
How Much Does It Cost To Get A Payday Loan in Nunavut?
You will not be charged an upfront fee for applying through Dime Alley. If you choose to accept your loan offer from our network of respected lenders in Nunavut, you will agree to a fee on your loan.
In Nunavut, lenders can charge up to $60 in fees for every $100 borrowed. Some lenders may charge less so take time to consider your options. For example, a payday loan of $600 to be repaid over two weeks will cost $360 in fees.
What Are The Terms For A Payday Loan In Nunavut?
| Multiple Loans Allowed? | Yes |
| Same Day Funding | Yes |
| Are Payday Loans Legal in Nunavut? | Yes |
| Minimum Loan Term | 7 days |
| Maximum Loan Term | 62 days |
| Bad Credit | Yes |
| Maximum Loan Amount | $1,500 |
| Cost per $100 | $60 |
Can I Find A Payday Loan in Nunavut With No Credit Checks?
It is important to know that a credit check is often a requirement in order to confirm your eligibility for a fast payday loan. However, it is certainly possible that one of our many partners will consider your application with no credit check.
But don’t let poor credit history keep you from applying with Dime Alley. We work with a range of partners that consider all types of credit histories. Apply with Dime Alley today to get an instant decision on your loan application. You could receive funds within one hour!
Can I Get A Payday Loan in Nunavut If I Have Bad Credit?
Dime Alley works with many partners who can help borrowers with all types of credit histories, even bad credit loans, very poor credit or no credit at all. So even if you have been rejected from banks in the past because of your credit score, you should still consider the option of applying for a loan through Dime Alley today.
Dime Alley also uses a soft search approach to credit checks, so you can be absolutely sure that the application process will not impact your credit score, or leave a footprint on your credit report. We ensure that filling out our online application form does not impact credit rating in any way.
What Is The Eligibility Criteria For A Payday Loan In Nunavut?
To avoid disappointment, before you begin our quick application process for a loan in Nunavut you must check that you meet the following 5 criteria. In order to be eligible for a payday loan in Nunavut, you must:
- Be a Canadian Citizen over 18 years old;
- Have a regular income;
- Earn at least $800 per month;
- Have a Canadian bank account for your loan to be deposited into.
Meet the criteria? Don’t delay. Begin Dime Alley’s application process right now. In 5 minutes, you could find a loan that will meet your financial needs.
What Is The Eligibility Criteria For A Payday Loan In Nunavut?
To avoid disappointment, before you begin our quick application process for a loan in Nunavut you must check that you meet the following 5 criteria. In order to be eligible for a payday loan in Nunavut, you must:
- Be a Canadian Citizen over 18 years old;
- Have a regular income;
- Earn at least $800 per month;
- Have a Canadian bank account for your loan to be deposited into.
Meet the criteria? Don’t delay. Begin Dime Alley’s application process right now. In 5 minutes, you could find a loan that will meet your financial needs.
Where Can I Find Quick Loans In Nunavut?
At Dime Alley, we partner with lenders all across the territory in order to find you a loan with the most competitive rates around. Get an instant decision from a number of lenders by using our entirely online process. We cater to the whole territory, including:
Arctic Bay
Arviat
Baker Lake
Cambridge Bay
Chesterfield Inlet
Clyde River
Coral Harbour
Gjoa Haven
Grise Fjord
Igloolik
Iqaluit
Kimmirut
Kinngait
Kugaaruk
Naujaat
Pangnirtung
Pond Inlet
Qikiqtarjuaq
Rankin Inlet
Resolute
Sanikiluaq
Sanirajak
Taloyoak
Whale Cove
What Happens If I Cannot Repay My Payday Loan in Nunavut?
If you cannot repay your loan on time, you may be subject to late fees, accrued interest, and your credit score could be affected. A damaged credit score can mean that it would be difficult to secure approval for loans in the future.
It is therefore important for you to carefully consider the terms of repayment before agreeing to a payday loan with one of our many lenders. You need to consider exactly how much you need to borrow, and what timeline you may need in order to repay the loan. Make sure that you borrow enough to cover your immediate financial expenses, but not too much that you will struggle to keep up with the repayment plan that is offered to you.
How Do Repayments Work In Nunavut?
Before agreeing to the terms of your loan, it is important to know that you can comfortably meet your repayments. Consider the source of money you will be using to repay your loan, either from your income or your savings.
Falling behind on repayments can lead to additional interest being added to your loan. If you know you will struggle to meet an upcoming repayment, contact your lender immediately. There might be a way to review your payment plan to clear your balance and avoid any negative impact on your credit score.
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What People Say About Us
“I found the experience overall easy to use. I had to sign an agreement online and all the terms were there and very clear. I would do it again if I needed some money.”
Imani, Georgia, March 2021
“Had a good experience and got my loan the next day. I needed it to pay my bills and will consider using it again if I need a loan.”
Darryl, Michigan, February 2023
“I found Dime Alley on Google and applied in a few minutes. I got an instant decision and approved on the same day and was able to pay to have my car repaired immediately. I paid back the loan in 2 weeks and was sorted.”
Bob, Florida, July, 2021
Frequently Asked Questions
Can I Apply for a Payday Loan if I am Unemployed?
You need to have proof of stable employment to apply for a payday loan in Nunavut.
How Much Can I Borrow in Nunavut?
We work with partners that offer loans from $100, up to $1,500. In the territory of Nunavut, the maximum amount that you can take out for one loan is $1,500. Also, the loan must be
Are Payday Loans Legal in Nunavut?
Yes. Payday loans are legal in Nunavut. Apply today with Dime Alley to secure the fast loan you need.
Is Dime Alley a Direct Lender for Payday Loans in Nunavut?
No, Dime Alley is a broker that works to connect borrowers with reputable lenders in Nunavut. We work to find lenders that offer the most competitive rates in the province.
Is There A Price Cap?
Lenders in Nunavut can charge up to $60 for every $100 borrowed. This price cap exists as a form of protection for borrowers.