Considering the large population size for Quebec, it’s not a surprise that payday loans are very popular in the province. After all, they are quick and don’t require much to qualify. On the flip side, the interest rates are very high and for many people, it may be difficult to cut off the payday loan cycle once it starts. Maybe you need to pay for some overdue bills, need to repair your car or just need a small loan of up to a few hundred dollars. Just keep in mind that you need to pay the loan back, usually, within a couple of weeks similar to a cash loan.
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.
Average household income in Quebec is recorded at $59,800.
Based on the most recent available information, an average Quebec inhabitant makes $30 per hour.
As per the latest independent research, an average Quebec inhabitant earns $40,400 per month.
On the average, consumer debt in Quebec is at the level of $19,100.
The areas of study interests of Quebec residents lie mainly in physical and life sciences and technologies, visual and performing arts, and communications technologies, mathematics, computer and information sciences.
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 platform helps you connect with local Payday Loan providers in Quebec for your specific financial requirements. Use our Loan Calculator to find your expected payments.
Check our register of Payday Loan lenders to compare current Payday Loan rates in Quebec.
Payday Loans are generally utilized for the following purposes (including but not limited to)
get approved right away, even with bad credit
get cash the same day with no credit check
pay for an urgent, overdue bill
pay for an unexpected emergency expense
hold you over till your next payday
Written by:
Amy Orr
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.
Reviewed by:
Jenna West
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.
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