KOHO Cover offers instant cash advances with no interest, no credit checks, and no hidden fees – giving Canadians a smarter way to manage short-term cash flow. With up to $250 available instantly through the KOHO app, users can bridge the gap between paydays without stress. Repay automatically on your next direct deposit and enjoy peace of mind with a transparent, low-fee solution built for flexibility.
Friendly Lender is a popular online lending solution for Canadians that need fast cash solutions. Remove the stress of being short on cash with a quick loan from Friendly Lender. They take pride in helping their customers get the cash they need fast.
Montreal incorporation year: 1832 is a municipality in Southern Quebec. The most recent estimates put Montreal’s population at 1,705,000.
Montreal’s strongest employment industries are health care and social assistance, management of companies and enterprises, real estate and rental and leasing.
An average Montreal inhabitant is leveraged by an estimated $27,900 in consumer debt.
Based on the most recent independent research, on the average each resident of Montreal makes $39,700 per month.
Montreal’s average household income is $67,800.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.
Our loans marketplace is your one stop shop for finding qualified Payday Loan providers in Montreal for all your financing needs.
Check our catalogue of Payday Loan companies to get the best Payday Loan rates in Montreal
This page was researched, written, and reviewed by financial professionals with expertise in Canadian lending regulations. All information is regularly updated to reflect current rates, terms, and regulatory changes.
Reviewed By
Jenna West
Financial Writer & Content Director
Jenna has covered the Canadian FinTech and consumer lending industry since 2017. She specializes in regulatory updates, consumer protection, and helping Canadians navigate complex financial products.
8+ years analyzing Canadian consumer lending
Monitors FCAC and provincial regulatory changes
Specializes in personal loans and alternative lending
Written By
Amy Orr
Financial Content Specialist
Amy is a financial writer with 10+ years covering Canadian, U.S., and U.K. financial markets. She holds a Masters in Finance from the University of Edinburgh Business School and formerly worked in the hedge fund sector.
Masters in Finance, University of Edinburgh
Former hedge fund professional
Published in major financial publications
About Smarter Loans
Canada's independent lending comparison platform since 2016. Trusted by over 2 million Canadians and recognized by the Toronto Star as "the GPS of FinTech Lending." Featured in the National Post and major Canadian publications.
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Verified Lenders OnlyAll lenders verified for proper licensing and regulatory compliance
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Editorial IndependenceContent created independently from business relationships
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Regular UpdatesContent monitored and updated for rate changes and new regulations
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2M+ Canadians ServedHelping Canadians compare loans since 2016
Our Editorial Process
Every page undergoes research, expert writing, fact-checking, and review by our Financial Content Director. We verify all rates, terms, and regulatory information against official sources including FCAC guidelines and provincial lending regulations.
Last Updated: June 9, 2025 | Next Review: Ongoing monitoring
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