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As Montreal is a city with people of all walks of life, it’s not surprising that payday loans are one of the most commonly used personal loans in the city. A payday loan in Montreal is just what it sounds like, a financial boost to see you through to the next payday. Your washing machine is on the fritz; your car broke down? A payday loan is a common solution. These loans are meant for short term use and tend to have a pay-by date of your next paycheque. Payday loans in Montreal come with high interest rates and a system of ‘renewals.’
If they aren’t paid off quickly, a payday loan can quickly put you into a vicious financial cycle. However, the growing online financial market means that there are other options available to you. If you’re looking to get approved for an online loan, there are great options to look into in Montreal. At Smarter Loans we have a comprehensive list of pre-vetted lenders. Take a look at the table of lenders below, and see what’s on offer. You can apply to these lenders from their profile pages, or apply directly from Smarter Loans, and we’ll help connect you with the best provider.
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
Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.
Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.
