Installment loans start with 365 Day Loans
Borrow $500 to $5,000 anywhere in Canada and repay in steady instalments. One short request, no store visit.
Installment loans
Steady payments, even if your credit isn’t perfect
90 day loans
About three months to repay, flexible checks
Long term loans
More time to repay than a single payday
Weekend loans
Send a request on Saturday or Sunday
E-Transfer loans
Approved funds sent by Interac e-Transfer®
Instant loans
Quick online decisions from participating lenders
Faxless loans
No paperwork to fax, print or scan
Benefits loans
Options if your income is CPP, ODSP or another benefit
Between jobs
Loan options when you’re unemployed
1 hour loans
Fast requests with other ways to show income
Why Canadians start with 365 Day Loans
To fill in the request form on any device
Most you can ask for in one short request
Send your request online, any day of the year
Guides that help your wallet
365 Day LoansCompare installment loans in Canada
See how an installment loan stacks up against a payday loan, and what a typical example costs. Know the numbers before you send a request.
Loan amount
You can request on 365 Day Loans
Payday loan limit
Time to repay
Installment loan terms
Payday loan, at most
Cost ceiling
Max APR on installment loans
Payday loan, per $100 borrowed
Monthly payment
$1,500 over 12 months
APR in this example
Total repayable
Paid back in 12 payments
Of which is interest
Lender ranges
APR range
Term range
Figures are for illustration. Each lender sets its own rate, fees and term, and payday rules vary by province. The 35% APR ceiling is the federal criminal interest rate limit; $14 per $100 is the federal cap on payday loan costs.
Spread the cost over 12 months
An installment loan splits what you borrow into equal payments, so you are not paying it all back on your next payday. Borrow $1,500 at 29.9% APR over 12 months and each payment is about $146. The lender sets your actual rate and term.
More resources
Plain-language help on installment loans, payday loans, benefits loans and what borrowing really costs in Canada.
Discover installment loans in Canada
Borrow a set amount and repay it in equal monthly or bi-weekly payments. Compare terms, total cost and lender criteria before you decide.
Understand payday loans before you borrow
Payday loans are small, short loans repaid on your next payday. Costs are capped at $14 per $100 borrowed, and each province adds its own rules.
Loan options when your income is a benefit
Some lenders count regular government benefits as income. See how CPP, ODSP and the Canada Child Benefit are treated, and what to check first.
Options when your credit isn't perfect
A low score doesn’t always rule you out. Many lenders look at income and banking history too. Approval is never guaranteed, so compare carefully.
Get funds quickly by e-Transfer
Many lenders send approved funds by Interac e-Transfer®. Timing depends on the lender, your bank and when you sign.
Check you qualify and know the costs
You need to be of age in your province, have a Canadian bank account and regular income. See the basic criteria and how lender charges work.
Request, compare and decide, all from your phone
The request form works on any phone, tablet or computer. There’s nothing to download. Check the criteria
to fill in the form
papers to fax
days a year online
Fill in one short form
Choose an amount and share basic income and banking details. It takes about two minutes.
Get matched with a lender
We pass your request to participating lenders who may be able to offer you a loan.
Review it, then decide
Read the rate, fees and repayment schedule. Sign only if it works for you.
Each lender sets its own criteria, and sending a request does not guarantee a loan. Read our FAQs
Installment loans Canada: your questions
Quick answers about how our referral service works.
How does 365 Day Loans work?
You complete one short online request. We connect you with participating third-party lenders who may offer installment loan options. You review the details with the lender and decide if it works for you.
Is 365 Day Loans a lender?
No. We are a referral service. We do not lend money, make credit decisions, or set rates and terms.
Can I apply online from my phone?
Yes. The request form is mobile-friendly and works on a phone, tablet or computer.
Are installment loan approvals guaranteed?
No. Approval depends on each lender’s own criteria. Sending a request does not guarantee an offer.
How are rates and terms decided?
By the lender. Rates, fees and repayment terms depend on the lender, the loan amount and your province. Review them carefully before you accept.
Does checking options guarantee I will get a loan?
No. Checking your options is how you get matched with lenders. Whether you receive an offer, and on what terms, is up to the lender.
What does the calculator show?
An estimate of your payment, total repayment and borrowing cost based on the amount, term and APR you choose. It is illustrative only and is not a lender offer.
Can loan terms vary by province?
Yes. Lending rules, limits and availability differ across Canada, so your options may change depending on where you live.
365dayloans.ca is a referral service and lead generator, not a direct lender, bank, or broker. We do not extend credit, make credit decisions, or issue loan approvals directly. Submitting an application does not guarantee loan approval or a specific loan term.
Representative example: Loan amount $1,500 | Repayment term 12 months (365 days) | APR 29.9% | Monthly payment $146.12 | Total amount repayable $1,753.44 | Total interest cost $253.44. Minimum loan term 6 months, maximum loan term 36 months, APR range 19.9% to 35.00%.
Loans
Benefits loans
Contact
135 Laurier Avenue West
Ottawa, ON K1P 5J2, Canada
Email: support@365dayloans.ca
365 Day Loans is an online loan referral service for Canadians. Send one short request and get connected with participating third-party lenders.
Loan approval, rates, fees and repayment terms are set by each lender and depend on your province and personal situation. Review every offer carefully before you accept it.
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