Fast Payday Loans in Prince Edward Island and Charlottetown
If you are looking for a quick payday loan in Prince Edward Island and Charlottetown to cover an unexpected expense, then Dime Alley is here for you. Using our simple application form, Dime Alley can help match you with a lender in Prince Edward Island. If your application is approved, you could receive money in your account within an hour of applying!
3 Simple Steps To Get a Payday Loan in Prince Edward Island and Charlottetown
What Is The Criteria To Get a Payday Loan in Prince Edward Island and Charlottetown?
It is important to check that you meet the eligibility criteria before starting our simple application form. In order to be eligible for a payday loan in Prince Edward Island, you must:
- Be over 18 years old
- Be in stable employment with a regular income
- Be a resident of Canada
- Earn a minimum of $800 per month
- Have a live Canadian checking account for your loan to be deposited into
Once you have established that you meet the criteria, don’t hesitate. We make the application simple, fast, and efficient so that you are quickly matched with a loan to cover your financial needs.
Can I Get a Payday Loan Quickly in Prince Edward Island and Charlottetown?
Dime Alley understands that life is unpredictable and unexpected expenses can spring on you without warning. Whether you have received an unexpected bill or need home or auto repairs urgently, Dime Alley provides a fast, fully-online service so that you can find a loan quickly. Our service means that you don’t need to search across Prince Edward Island and Charlottletown for a lender, and you can avoid the slow process of applying for a loan using a bank.
All you have to do is fill in our simple online application form to get an instant decision on your loan application. Because our process is so fast, you could have the money in your account within one hour, 24 hours, or the very same day that you apply.
What are the Regulations For a Payday Loan in Prince Edward Island?
| Min Amount | $100 |
| Max Amount | $1,500 |
| APR | 391% |
| Cost Per $100 | $15 |
| Bad Credit | Yes |
| Same Day Funding | Yes |
| Legal in Prince Edward Island? | Yes |
| Max Term | 62 Days |
How Much Will a Payday Loan Cost in Prince Edward Island?
We have provided an example below of a typical payday loan in Prince Edward Island. This is to help you decide whether a payday loan is right for your financial needs:
If you borrow $300 over a 42-day term, it will cost $345 based on an APR of 391%
Where Can I Find Payday Loans In Prince Edward Island and Charlottetown?
Because our application process is entirely online, you can apply from anywhere in Prince Edward Island. Dime Alley searches through many lenders and will give you an instant decision on your loan application. Wherever you live in Prince Edward Island, you can fill in our online form to receive an offer in minutes. Locations that we serve include:
Alberton
Belfast
Central Prince
Charlottetown
Cornwall
Kensington
Kingston
Malpeque Bay
Miltonvale Park
North Shore
Souris
Stratford
Summerside
Three Rivers
West River
Can I Get a Payday Loan in Prince Edward Island If I Have Bad Credit?
Dime Alley works with a range of reputable lenders across Prince Edward who offer their services to borrowers with a whole host of credit histories. So even if you have bad credit, or poor credit history, you still have the option to apply for a payday loan today with Dime Alley and receive the funds to cover your financial needs. With Dime Alley, as long as you meet the basic eligibility requirements, e.g. that you are a Canadian citizen with regular income, then you could receive an offer instantly.
We also ensure that applying for a payday loan with Dime Alley will not impact your credit rating at all. We use a soft search approach to credit checks which means that filling out an application with us will not leave a footprint on your credit report.
Can I Get A Payday Loan In Prince Edward Island With No Credit Checks?
It is certainly possible that one of our many partners will consider your loan application without a credit check. However, a credit check is often a requirement for most lenders to determine your eligibility for a payday loan.
Don’t let bad credit stop you from applying for a loan with Dime Alley. Even if you have previously been rejected for a loan by a bank or another lender, you should consider applying for a loan with Dime Alley. We work with many partners who deal with borrowers from all financial backgrounds to ensure that we find you a reliable loan that will fit your financial needs.
What To Consider Before Applying For a Payday Loan in Prince Edward Island and Charlottetown?
When applying for a payday loan in Prince Edward Island, it is important to ensure that you fit the simple eligibility criteria for payday loans. This will mean that you avoid any disappointment when applying using Dime Alley. The eligibility criteria is in place to ensure that you can make payday loan repayments on time.
When considering a payday loan, it is important to figure out exactly how much you need to borrow, and what you are able to reasonably repay per month. Take time to consider how you will meet your repayments, whether that is through income or savings. Remember that falling behind on repayments can mean damage to your credit rating, late fees, and increased interest rates on your loan.
You should consider payday loans only when there is an emergency expense, rather than using the loan for regular spending, or to pay off another loan that you may have. In non-emergency situations, consider alternative forms of a loan such as borrowing from family and friends. These types of loan are unlikely to carry interest and may have more flexible repayment terms.
What People Say About Us
“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
“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 need a loan to pay back a friend and it was all very quick and easy to get a couple of hundred bucks which I repaid over a couple of weeks.”
Malik, California, December 2022
Frequently Asked Questions
Is There a Fee For Applying With Dime Alley?
No, there is no charge for applying with Dime Alley. It is a completely free service that works to match your application with a reputable lender in Prince Edward Island with the most competitive rates.
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Can I Apply For a Payday Loan in Prince Edward Island If I Am Unemployed?
In order to be eligible for a payday loan in Prince Edward Island, it is a requirement to have proof of stable employment.
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How Much Can I Borrow in Prince Edward Island?
Dime Alley is able to pair applications with lenders from $100 to $1,500. In Prince Edward Island, regulations stipulate that you can only borrow a maximum of $1,500. That loan must be repaid within 62 days.
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Is There a Price Cap For Payday Loans in Prince Edward Island?
The maximum amount that a lender can charge in Prince Edward Island is $15 per $100 borrowed.
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Are Payday Loans Legal in Prince Edward Island?
Yes, payday loans are legal in Prince Edward Island
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