Loans Quebec

The Smart Payday Loan Alternative

Easy to Apply and Qualify

Loans Quebec

We are your number one stop for Personal loans in Quebec.

There are many financial services available in Quebec. Mortgages, lines of credit, and credit cards are offered in every bank across the province. There are hundreds of branches located throughout the province, however, conventional forms of financing are only available to borrowers with good credit.

Since 2002, our Lender has been offering non-prime financial solutions to Quebecers with poor credit. Together with our lender, we aim to assist all customers regardless of their financial situation. Our personal loans have flexible terms and are significantly cheaper than cash advances or payday loans.

Payday Loans Quebec

Although payday loans in Canada are very common, the product is not legal in Quebec.

Payday lenders usually charge $15 for every $100 borrowed. This is equivalent to an ABR (annual borrowing rate) of 390%. Furthermore, this short term loan solution must be reimbursed in 14 days. This makes this product a bad idea for people in need of fast cash.

Luckily 514loans is offering something better.

1) Our loans are over 60% percent cheaper.

2) Our loan terms range between 90 and 120 days.

When comparing our product to a payday loan, you must consider the difference in cost as well as the repayment term.  A payday loan is most often due on the borrower’s next paycheck, while our advanced loan solution can be reimbursed in a series of payments. All payments include capital, interest, and fees, reducing the total amount owed with every payment. This significantly reduces the risk of causing future financial problems.  

The bottom line is:

514loans is giving access to a safer loan alternative for Quebec borrowers. Our installment loans have friendlier terms and cost significantly less than a payday loan.

Instant Same Day Approval Even With Bad Credit

Payday loans Quebec no credit check

No credit check for our loans

Okay so you need a payday loan but you have a bad credit score. Well, you have come to the right place. We don’t need to see your credit report. We use our own criteria to qualify applicants searching for a loan in Quebec.

Apply for a personal loan using your computer, tablet or cell phone. Our easy online application can be completed in 2 steps.

1) Enter personal and Employment information

2) Complete an IBV (instant banking verification)

IBV is common practice in today’s non-prime financial segment. IBV’s give us read-only permission, to verify your bank account. Previously, we relied on paper documentation that created many problems for both the lender and the borrower. Identity theft and fraud are very common when using paper documents.

Rest assured that we do not have access to your username or password. The process utilizes bank-level security and has assisted the segment in providing a safer and more efficient environment for everyone.

We begin processing your request as soon as you complete our online application. Once approved, you will receive our electronic contract that can be signed anywhere and on any device.. The funds will be automatically deposited in your bank account as soon as you have completed this final step. Please note that although some loans can be funded on the same day, it can take up to 24 hours to see the electronic transfer in your bank account.

Fast Response

Customers since 2017

Hour Approval



Apply Online and Get Cash Fast


1. Apply Online


2. Get Same Day Approval

3. Money in Your Bank Account

Small Loans Quebec

Banks simply don’t give small loans. This is where we come in. Applying for a loan in Quebec has never been so easy. Our automated system allows us to process your request instantly. Regardless of your credit history, our services are always available for you. Our product is the right choice no matter what your need is. Use our loans for catching up on bills, making a necessary purchase or even take a vacation.

Our lender changes an interest rate of 26% to 32% depending on the risk associated with your application. Broker fees do apply so please refer to our example cost of borrowing below for more information.

This example cost of borrowing is for returning customers. Please note that pricing for new customer loans may be different from this example. Customers are offered a more advanced loan product and a preferred customer rate after their third renewal.

Loan Amount: $300.00

Number of payments: 6

Bi-weekly payment amount: $69.34

Total customer obligation: $416.04

Term: 3 months

How it works

Who we are

We are an online financial service provider. We work with licensed private lenders, to provide short term financial solutions, that are significantly less expensive and more flexible than a conventional payday loan. Good credit, bad credit, it doesn't matter. We will assist you in finding the financial product that suits your needs.

Fees and Interest

Depending on the risk associated with the application, Our lenders charge an APR ( Annual percentage rate) of 22% to 32%. Membership fees do apply. Please refer to our "Example Cost of Borrowing" section for more information.

Terms of Repayment

Our installment loans can be paid weekly, bi-weekly, bi-monthly, or monthly. The payment schedule depends on the customer's pay frequency. Unlike payday loan providers, our lenders offer loan terms of 90 and 120 days. Extended payment schedules are available for loans over $1000.

What Makes us better than Payday Lenders

Typically, Payday Loan providers require borrowers to finalize entirely on their next paycheck. The costs associated with payday loans vary from province to province.

The ABR (Annualized Borrowing Rate) for

  • payday loans ranges between 390% to as high as 560%.
  • installment loans range between 190% and 200%.

Our ABR includes all fees and interest associated with our installment loan product. Our cheaper ABR and more flexible terms make our product a better choice for Canadians in need of a short term financial solution.

Example Cost Borrowing

$300 borrowed over 3 months on a bi-weekly payment schedule, will cost the borrower 6 payments of approximately $75. The total amount reimbursed is roughly $450.00. This includes all membership fees as well as Interest and capital.

Missed Payments

Our lenders charge a $50 fee for any returned payment due to NSF (Non-Sufficient Funds). The missed payment, as well as the lenders' fee, are added to the end of your payment plan schedule. Two additional payments are extended to the payment plan.

Our Lenders charge a fee of $35.00 to reschedule a payment and extend the payment plan.
The rules for rescheduling payments are the following:

  1. A client can not reschedule the first payment.
  2. A client can not reschedule two payments in a row
  3. A client can not reschedule more than two payments per loan term.

Borrow Money Responsibly

This type of financing is meant to be used as a bridge to solve an immediate financial crisis. Interest rates are relative to risk and may be higher than conventional banking institutions.

Please note that having Multiple Installment Loans or Payday Loans can result in long term financial burdens. Please give us a call if you are caught in a loan cycle due to predatory loan practices. Our agents will assist you in finding a consolidation product that will prevent costly collections procedures as well as a negative impact on your credit file.


Please borrow responsibly.

Applying Online is Safe with us

Your important personal information is encrypted and protected using Bank Level Encryption Security. We are HTTPS secure, and our users can expect a safe and private online experience when using our website.

How to Qualify for a Personal Loan

Our application process is simple and easy on PC, tablet, or mobile phone. The following is criteria is necessary to qualify for a loan:

  1. You must be a Canadian citizen
  2. You must be over 18 years of age
  3. You must be employed full time.
  4. You must have an active bank account.
  5. Must not be engaged in a consumer proposal or a bankruptcy process.

Same Day Money Deposit

In your bank account

Apply NowClient Portal

Frequently Asked Questions

What is a cash advance?

A cash advance is a short term financial solution, often used to cover car repairs, collection notices or any other type of unexpected expenses. Short-term cash advance services fulfill a need not met by traditional financial institutions, offering a less costly and often more desirable option for short-term loans.

A non-traditional cash advance is often the best way to receive a quick loan. Industry group CFSA reports that non-sufficient funds (NSF) cost consumers tens of billions of dollars each year from banks and credit unions. CFSA notes that millions of people each year “choose payday advance as a dignified, discreet, and often less costly solution for cash flow problems, without asking family for money or risking personal items as collateral.”

Many applicants also struggle to attain traditional financing despite having excellent credit. Many of them need quick access to working capital. Online lenders have emerged as a welcome alternative for borrowers everywhere. Online lenders are increasingly being used by consumers and businesses to get fast access to capital outside of banks. Also known as marketplace lenders, they “have leveraged low operating costs, minimal regulations, Big Data, and technology streamlined for a mobile generation to mediate terms between everyday borrowers who want quick access to cash.

What are the requirements to get a cash advance?

We like to keep things simple.

  1. You must be over 18 years of age
  2. You must be a Canadian citizen
  3. You must be employed full-time
  4. You must have an active bank account
  5. You must not be engaged in a consumer proposal
  6. You must complete an IBV (Instant Bank Verification)

    I am Self Employed. Can I apply for a cash advance?

    Absolutely! Just as long as our agents can verify a frequent source of income through your IBV (Internet Banking Verification).

    How much money am I allowed to borrow?

    Our loans range from $300 to $3000.

    However, ou lender's credit risk may assign a different amount than originally requested. This assures that the borrower will be able to reimburse the loan without any negative impact on their budget and/or financial situation.

    When can I expect the funds to arrive?

    Your funds are deposited automatically as soon as we receive your signed electronic contract. Deposits typically happen on the same day; however, some deposits can take up to 24 hours to appear in your bank account.

    What do I need to email or fax in?

    You may fax or upload your documents during your application process.

    The required documents are:

    1. A copy of your driver's license
    2. A proof of residence (any most recent utility bill with your name and address indicated on it)

    Areas Served

    Proudly serving Canadians with no credit check installment loans, the best alternative to payday loans and the go-to alternative financial services. Thanks to you, we are the fastest growing installment loans provider across the country.

    Where are you from?


    Winnipeg, Dauphin, Morden, Portage La Prairie, Selkirk, The Pas, Winkler, Steinbach, Thomspon


    Montreal, Laval, Quebec, Gatineau, Lasalle, Terrebonne, Longueuil, Levis, Brossard, Sherbrooke, Repentigny, Saint-Hubert, Verdun


    Calgary, Edmonton, Lethbridge. Red Deer. St. Albert, Grande Prairie, Airdrie


    Toronto, Brampton, Mississauga, North York, Ottawa, Scarborough, Hamilton, Kitchener, London, Etobicoke, Windsor, Oshawa, Barrie, Richmond Hill, Brantford, Markham, Niagara Falls

    Nova Scotia

    Halifax, Cape Breton, Dartmouth, Truro, Sydney

    New Brunswick

    Moncton, Saint John, Fredericton

    Prince Edward Island

    Charlottetown, Summerside

    514loans - Payday Loan Alternative

    London, ON

    +1 844-508-2274

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