Step One – Apply Online

To apply for New Brunswick payday loans, complete our online application form in less than 5 minutes. You will have to include key information such as your postal address, contact information, how much you wish to borrow and how long for.

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Step Two – Receive an Instant Loan Offer

After you have submitted your application, an instant loan offer will appear on screen from the lender most suited to your borrowing requirements. At Pheabs, we search through our network of over 50 vetted lending partners to find the right loan for you.

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Step Three – Get Your Loan

If your loan application is successful, the money will be sent to your checking account within hours or by the next business day. Even better, the whole loan amount is transferred to you in one lump sum. What’s not to love!

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Payday loans offer an easy way to borrow money quickly when you face an unexpected financial expense. Whether you need to pay for an urgent medical bill, to fix a broken down car or need a loan for rent, Pheabs can help you get access to fast cash when you need it the most.

We work with over 50 reputable lending partners to help match you to a loan most suited to your borrowing requirements. All you have to do is complete our online application form and you can borrow up to $1500 as soon as possible. Better yet, we have access to a variety of financial products including bad credit loans.

Can I Get A Payday Loan in New Brunswick If I Have Bad Credit?

Yes, it is possible to get a payday loan in New Brunswick if you have a poor credit score. At Pheabs, we do not let bad credit, or no credit at all, get in the way of our customer’s borrowing needs.

We work with lenders who are willing to accommodate borrowers with a variety of financial histories. So even if you have been rejected from banks due to your credit score, it is still possible to apply for a loan with us today.

How Do Repayments Work?

Repayments for payday loans in New Brunswick will take place in regular intervals on dates agreed upon in your loan contract. The maximum loan term you can borrow a payday loan in New Brunswick for is 62 days.

You should only take out a payday loan if you are confident that you will be able to comfortably afford the repayments as failure to pay your back loan on time could lead to late fees and damage to your credit rating. Payday loans are intended to be used for emergency financial situations, they are not designed for frivolous spending such as shopping or to pay off any other debts, and so they should only be taken out as a means of temporarily financial relief.

What Happens If My Application Is Denied?

Nothing will happen if your loan application is denied. There will be no impact to your credit score and you will not be charged any fees.

At Pheabs, we endeavour to help all of our customers to get the financial assistance that they need. So if you are rejected for a loan, we will suggest alternative options that you can consider. Examples include working with a credit union or speaking to a debt advisor.


To be eligible for payday loans in New Brunswick, there are certain borrowing requirements whereby you must:

  • Be a Canadian resident
  • Be at least 18 years old
  • Have a valid ID
  • Have a Canadian phone number
  • Earn a regular income
  • Have a live Canadian bank account for the funds to be deposited into
  • Be able to afford the loan repayments

With Pheabs, you can borrow money from anywhere in the New Brunswick province. Our loan platform is 100% online which means that you can apply now for a payday loan whilst you are out and about via your phone or from a desktop, laptop or tablet from the comfort of your home.

We will not let your location stop you from getting the loan that you deserve! Areas you can get loans in New Brunswick include but are not limited to:

  • Bathurst
  • Campbellton
  • Dieppe
  • Edmunston
  • Fredericton
  • Miramichi
  • Moncton
  • Shediac
  • St. Andrews
  • Saint John

The New Brunswick payday lending laws are summarized in the table below:

Are Payday Loans Legal In New Brunswick?Yes
Maximum Loan Amount$1,500
Minimum Loan Amount$100
Maximum Loan Term62 days
Maximum Cost Of Borrowing For A $100 Payday Loan$15
Cooling Off Period To Cancel A Payday Loan48 hours, excluding Sundays and holidays

Before borrowing a payday loan, it is worth considering how much it will cost to repay it back. See below for an example cost for payday loans in New Brunswick:

If you borrow $500 for 2 weeks in New Brunswick, the total loan repayment would be $575 based on an APR of 391%.

What Are The Benefits Of Payday Loans In Unexpected Situations?

Can I Apply For a Payday Loan For My Relative?

Can I Use a Payday Loan To Build Up My Credit Rating?

Yes, it is possible to get a loan with no credit checks in New Brunswick. Whilst it is likely that a credit check will usually be carried out in order to confirm your eligibility for a loan, we work with a range of lenders who will consider applicants with all types of credit histories. So even if you have no credit at all, as long as you meet other key requirements such as having a regular income, then you should be able to borrow money today. 

When applying for a payday loan with Pheabs, you can be rest assured that we will not leave a visible footprint on your credit report! We use a soft search approach that means filling out the online application form will not impact your credit rating.

Is Pheabs A Direct Lender?

No, Pheabs is a broker. We search through our network of vetted lenders and connect our customers to the direct lender best suited to their borrowing needs. Applicants information is completely secure during this process and is not shared with any third parties.

How Much Money Can I Borrow In New Brunswick?

You can borrow up to $1500 in New Brunswick. This is because there are payday lending rules implemented by the Canadian government that limit the maximum loan amount to this.

Does Pheabs Charge A Fee?

No, Pheabs does not charge our customers any fees at all for using our online loans connection service. We simply receive a small commission from the lender if your loan application is successful.

Can I Get A Same Day Loan In New Brunswick?

Yes, Pheabs can offer a payday loan on the same day of applying, with the total amount in one lump sum. Our easy and quick online application form can be completed in less than 5 minutes, after which you will receive an instant loan offer. Once approved, your payday loan in New Brunswick will be sent to your bank account within a couple of minutes, hours or by the next business day.

To speed up the process, we recommend applying during typical working hours of 9am to 5pm on Monday to Friday. You should also be readily available via phone or email incase the lender gets in touch with any follow up questions.