Step One – Apply Online

Fill in our application form, entering key details such as how much you wish to borrow and how long for. You will also need to include personal information such as your contact details and postal address.

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Step Two – Receive an Immediate Response

We will search through our database of over 50 reputable lending partners to find the best loan for you. An instant loan offer will appear on screen from the lender, which you can choose whether or not you would like to go ahead with.

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Step Three – Receive Funds Within 24 Hours

If your loan application is successful, your Newfoundland payday loan will be sent to your bank account within minutes, hours or by the next business day. Better yet, the total loan amount will be transferred in one lump sum.

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At Pheabs, we endeavour to help those who need money now. We understand how stressful it can be when an unexpected financial event arises and so we are here to help our customers secure loans at the most affordable rates so that they can stay financially afloat until they receive their next paycheck.

Our extensive network of over 50 reputable lending partners means that we can find a loan best suited to your borrowing requirements. Simply fill in our quick online application form to receive an instant loan offer, with bad credit and no credit check options too.

Our loan request form is easy to fill in and can be completed in less than 5 minutes. This is a much speedier option than travelling to a payday loan store, queuing and submitting lots of paperwork. Our online platform means that you can apply whilst you are out and about or in the comfort of your own home via you mobile, tablet, laptop or desktop computer.

Simply fill in our application form with key details such as your name, age, contact details, postal address, income and employment status. You will also need to state how much you wish to borrow and how long for. Once you have completed the form, you will receive an instant loan offer on your screen from the lender most suited to your borrowing requirements.

If you choose to proceed, the lender will send you a contract to sign. Subject to further checks, once approved the funds will be transferred to your bank account as quickly as possible!

Yes, you can still get a payday loan in Newfoundland and Labrador if you have poor credit. We work with a network of over 50 reputable lenders who are willing to accommodate borrowers with all types of credit histories.

You must just make sure that you will be able to repay back the loan on time. Otherwise you could face further damage to your credit score, as well as extra interest and late fees.

Yes, it is possible to get no credit check loans with Pheabs today. Our lenders can focus on other factors such as whether you have a stable income, or offer you alternative financial products such as a title loan which uses collateral, your car, to secure the loan.

It is important to bear in mind that when assessing your application, we will perform a soft credit check. However you do not need to worry as this will not leave any visible footprint on your credit report or affect your credit score in any way.


To be eligible for Newfoundland and Labrador payday loans online, you must:

  • Be a Canadian resident
  • Be at least 18 years of age
  • Have a valid ID
  • Have a Canadian phone number
  • Earn a stable salary
  • Have a live Canadian checking account

With Pheabs, our online platform means that you can apply for a loan from anywhere in Newfoundland. So whether you need payday loans St. John, or from anywhere else across the province, we can help you borrow money today.

 Locations you can get payday loans in Newfoundland and Labrador include:

  • Bay Roberts
  • Bishop’s Falls
  • Bonavista
  • Botwood
  • Burgeo
  • Carbonear
  • Channel-Port aux Basques
  • Clarenville-Shoal Harbour
  • Corner Brook
  • Deer Lake
  • Happy Valley-Goose Bay
  • Gander
  • Grand Bank
  • Grand Falls-Windsor
  • Labrador City
  • Lewisporte
  • Marystown
  • Massey Drive
  • Pasadena
  • Placentia
  • Sheshatshiu
  • Springdale
  • Stephenville
  • Stephenville Crossing
  • St. Anthony
  • St. John’s
  • Wabana

The Newfoundland and Labrador payday loan regulations are summarized in the table below:

Are Payday Loans Legal In Newfoundland and Labrador?Yes
Average APR540%
Maximum Loan Amount50% of your paycheck or $1500 maximum
Maximum Loan Term62 days
Are Multiple Loans Allowed in Newfoundland?No
Maximum Cost Of Borrowing In Newfoundland For A $100 Payday Loan$14
Cooling Off Period To Cancel A Newfoundland Payday Loan2 business days

Before borrowing a payday loan, make sure you will be be able to meet the repayments. See below for an example:

If you borrow $500 for 14 days in Newfoundland and Labrador, the total loan repayment would be $570 based on an APR of 365%.

It is possible to get same day loans in Newfoundland. At Pheabs, we offer a quick and easy-to-complete online application form and after submitting it, you will receive an instant loan offer. If you choose to go ahead and your payday loan is approved, then the funds can be transferred into your live checking account within a couple of minutes, hours or by the next business day.

To help increase your chances of speedy cash, try applying during typical working hours of 8am to 5pm on Monday to Friday. Also keep all your relevant information ready at hand incase the lender gets in touch with any follow-up questions.

Is Pheabs A Direct Lender?

No, Pheabs is not a direct lender of payday loans in Newfoundland and Labrador. We offer an online brokerage service whereby we connect our customers with a vetted lender best suited to their borrowing requirements.

How Much Money Can I Borrow In Newfoundland?

You can borrow up to 50% of your paycheck or up to $1500 maximum in Newfoundland and Labrador. This is based on provincial payday lending regulations.

Does Pheabs Charge A Fee?

No, Pheabs is a free platform that does not charge any fees to match our customers with lenders in Newfoundland and Labrador. The lender however will charge you interest which will be disclosed in the loan agreement.

Can I Repay My Payday Loan Early?

Yes, you can repay your payday loan early with no additional fees. This could also help you to save money on the interest of the loan. Simply get in touch with the lender to arrange doing so.