Step One – Complete Our Online Application Form

Fill in our loan request form in less than 5 minutes. Include key details such as your phone number, postal address and the amount you wish to borrow in Saskatchewan.

Read more: Saskatchewan and Saskatoon

Step Two – Get An Instant Response

Receive an instant loan offer from one of our reputable lending partners. You can then choose whether or not you would like to proceed with the money request.

Read more: Saskatchewan and Saskatoon

Step Three – Receive Your Payday Loan

If your application is approved, the total loan amount will be sent to your Canadian bank account on the same day or by the next working day. Getting a payday loan has never been easier!

Read more: Saskatchewan and Saskatoon

Saskatchewan payday loans offer an easy way to borrow money when you are faced with an urgent bill or unanticipated cost. The quick injection of cash can help if you are short on funds but need to pay for an expense now. Payday loans are intended to tide you over until you receive your next paycheck when it is then expected that you will start repaying back the loan, plus interest.

Due to the high interest rates involved, payday loans are not designed for frivolous spending or to pay off existing loans as this could lead to financial issues down the line. They should be used for important bills such as medical costs, rent or utility payments, car repairs or vet fees.

Yes, it is possible to get a loan on the same day of approval in Saskatchewan and Saskatoon. Once you have completed your loan request form, you will receive an instant loan offer from one of our reputable lending partners. If you decide to go ahead and your loan application is approved, then you could receive your funds within a couple of minutes or hours.

In some cases, you will receive your payday loan on the next business day. To maximize your chance of same day loans, try applying during typical working hours of 9am to 5pm on Monday to Friday, and be readily available by phone incase the lender gets in touch with any follow-up questions before approving the loan.

Yes, it is possible to get online payday loans in Saskatchewan with no credit check. We work with a number of lenders who can focus on other key factors such as whether you have a stable income. Just note that at Pheabs we do typically undertake soft searches when assessing your loan application — but do not worry as this will not leave a visible footprint on your credit record!

Alternatively, our lenders may offer you a secured loan which ties an asset such as your property or vehicle to the loan. This means that you will not need your credit score to qualify since the loan will be based on collateral.

You can repay your payday loan in Saskatchewan in up to 62 days. Payments will be automatically withdrawn from your bank account on dates agreed upon in your loan contract. There is also usually the option to repay back your payday loan early — simply get in touch with the lender to arrange doing so.

If an unexpected financial situation arises and you are worried that you might miss a repayment, then contact your lender immediately. They might be able to offer you a more flexible repayment plan or temporarily freeze the interest on the loan. Otherwise you could face late fees and damage your credit score.

There are certain considerations that you should take into account before applying for a payday loan. This includes:

Reasoning — Think about whether you really need to borrow money. You should not take out a loan for frivolous spending such as drinking or shopping, or to pay for an existing loan as this could lead to debt issues down the line. Rather they should be used for important expenses such as medical bills or utility payments that need to be paid for now.

Repayments — You must make sure that you will be able to afford repaying back your payday loan. Otherwise you could face extra charges such as late fees and accrued interest. There is also the risk of damaging your credit score which could make it more difficult to borrow loans in the future.

Alternatives — Before committing to a payday loan, it is worth researching other options available to find the right financial product for you. You could consider an authorized overdraft from your bank, borrowing money from family or friends or a low interest credit card to name a few.

  • 100% online platform that can be used 24/7
  • Instant loan offers
  • Affordable rates
  • Same day funding available
  • Cash advances
  • Flexible repayment options
  • Bad credit and no credit check options
  • Soft searches that will not impact your credit score
  • Our service is free of charge

Pheabs’ 100% online platform means that you can apply for a payday loan from anywhere in the province via your phone, tablet, laptop or desktop. Locations include:  

Evanston, Flin Flon, Humboldt, Lloydminster, Martensville, Meadow Lake

Melfort, Melville, Moose Jaw, North Battleford, Prince Albert

Regina, Saskatoon, Swift Current, Warman, Weyburn, Yorkton

Our quick online application form means that you do not need to waste time travelling to a payday loan store, queuing for hours or filling in lots of paperwork. Whether you are out and about or relaxing in the comfort of your home, we can help you secure the funds that you need today!

Are Payday Loans Legal?Yes
Maximum Loan Amount$1500
Minimum Loan Amount$100
Maximum Loan Term62 days
Cost Per $100$17
Cooling Off Period To Cancel A Payday LoanNext business day

Canadian lenders are allowed to charge a fee in the Saskatchewan province. This would mean that if for instance you wish to borrow $500 over 2 weeks, you would pay $585 based on a APR of 443%.

It is important to be aware of the fees before committing to a payday loan so that you are certain you will be able to afford the repayments. If so, Pheabs can help you find the best payday loan today! We work with a panel of reputable lenders to source the most competitive rate for you.

  • You must be a Canadian resident
  • You must be at least 18 years old
  • You must own a valid ID
  • You must have a Canadian phone number
  • You must earn a regular income of at least $800 per month
  • You must have a live checking account
Is Pheabs A Direct Lender?

No, Pheabs is not a direct lender. We offer an online brokerage service which matches your loan request to a vetted lender who is best suited to your borrowing requirements and who is most likely to approve you.

You can be rest assured that all of our lending partners comply to the OLA standards. Better yet, our service is free of charge for all customers.

Can I Get A Payday Loan in Saskatchewan with Bad Credit?

Yes, it is possible to get a bad credit loan in Saskatchewan. Our lenders are willing to consider applicants with a variety of credit scores.

Providing that you meet other key eligibility criteria such as having a regular income and being aged over 18 years old, then you should have no problem being approved for a loan. You may just receive slightly less favorable conditions such as higher interest fees or a shorter loan term due to the larger level of risk involved.

How Much Money Can I Borrow?

According to payday lending regulations, you can borrow between $100 to $1500 in Saskatchewan and Saskatoon. This must be repaid back, plus interest, within 62 days of taking out a loan.

Can I Get Instant Online Payday Loans Saskatchewan?

At Pheabs, we will endeavor to secure your payday loan as quickly as possible. After you submit your loan request form, you will receive an instant loan offer from a reputable lender most suited to your borrowing needs. If you choose to proceed and your loan application is approved, then you could receive your funds within minutes, hours or by the next business day latest.