Payday Loans

Can You Get a Payday Loan on the Weekend?

Sep 6, 2022 | 7 minutes
Can You Get a Payday Loan on the Weekend?

Yes, applying and getting payday loans on weekends (Sunday and Saturday) is possible. Many Canadians apply for weekend payday loans and get funds on the same day, no matter what day it is. There are a few online payday lenders available in Canada that may be able to approve your application.

Rather than payday loans, you can apply for other types of loans on the weekend, but you won’t get the funds until Monday or the next business day.

Another alternative to short-term loans on weekends is finding storefront lenders who are operational on weekends (Sunday and Saturday). If there are storefront payday loans near you and offer quick funds on weekends, you might also consider this option.

What are weekend payday loans?

Emergencies do not follow a fixed timetable; they can happen anytime and any day. Most businesses are not operational during the weekend (Saturday and Sunday). Have you ever think what to do if you need urgent cash during the weekend?

The good news is that many direct lenders in Canada are now available to offer a whole range of loans with easy to apply for and quickly approved. These online loans include instant e-Transfer, short-term, and weekend payday loans.

Weekend payday loans are a type of short-term loan specially made to assist those who want quick money during problematic times. When you need cash until the next payday, online lenders offer weekly funds, also known as weekend payday loans, available on Saturday and Sunday.

When would you use weekend payday loans?

As we know, a single unexpected bill or expense can ruin our whole budget and the resulting shortage of cash. Such unfavorable conditions can happen at any time- even on weekdays or weekends. At this time, flexible payday loans deposited on weekends are required, available quickly and without spending restrictions.

What to do if you need money immediately on the weekend? Many financial options, such as bank loans, are available throughout the weekdays, but they are not operational during the weekend. It is good to apply for weekend payday loans online.

You can get quick cash at any time on weekdays or weekends. To fully optimize weekend loans and obtain the best results, it is essential to evaluate your financial conditions and ask some questions yourself, such as:

  • How much money do you need? Short-term online loans are made to cover emergency spending. Using such funds for major purchases or expenses requiring large sums of money is not advisable. Specialized online lenders offer small loans that provide enough money until your next payday. If your financial needs require a few thousand dollars or less, then weekend payday loans are a good option.
  • Can you quickly repay your loan? When you hook up with a cash shortage, you need a lending alternative that can provide quick money solutions. Payday loans on weekends and other online loans indeed provide fast cash, but you must repay them on the due date. Before choosing any loan option, it is crucial to assess your affordability.
  • Is short-term financial relief enough? Weekend payday loans and other online loan alternatives are designed to cover short-term financial glitches. These loans provide a small amount of money with a shorter repayment term. Try mortgages and long-term personal loans if you need long-term lending alternatives. Such types of loans give extra time to pay with flexible repayment options.

Can you get a payday loan on a Sunday?

The short answer is yes. You can apply for Sunday payday loans in Canada and get the funds on the same day, no matter what day. Like other businesses, most traditional lenders and banks are not operational during the weekend. At this time, online payday loans on the weekend are the last restore.

When you are looking for payday loans on Sunday, you have two options to get funds such as:

  • Online payday lenders: Most payday lenders operate online as it increases the convenience of applicants to apply for a loan. When you apply for payday loans online on Sunday, it takes a few minutes to process your application. On the same day of application, your loan amount is transferred by wire transfer or interact e-Transfer to your account.
  • Storefront payday lenders: If you have time on Sunday to go in-personal to a lender, then payday loans from a storefront are an excellent option. You need to search for a payday loans store near you, apply in-store or online, and then pick up your cash in person.

Can you get a payday loan on a Saturday?

Yes, weekend payday loans are small sums of money that can be applied for, approved, and transferred on the weekend (Saturday and Sunday), as we know that most lenders and banks only open on weekdays (Monday to Friday). In this scenario, obtaining effective lending options that provide emergency cash on a weekend can be challenging.

Whizz™ works with online payday lenders open 24/7 and even on holidays. We offer payday loans directly deposited into your account on the weekends. Our lenders always welcome applicants to apply, get approval and get payday loans on Saturday and Sunday. You can apply for weekend loans to borrow up to $5,000 and repay it in single or multiple repayments.

Can unemployed people apply for weekend payday loans?

When unemployed people apply for bank loans, there are high chances of being disapproved. It is because traditional lenders and financial institutions like banks always accept employed individuals. For unemployed people, it can be challenging to get payday loans on weekends, but not impossible.

But don’t be sad, as unemployed people still have chances to get payday loans from specific types of companies or lenders. Such lenders accept unemployed benefits as a regular source of income to approve weekend payday loans.

However, checking the company or lender you choose is advisable before applying for a loan. It is because many lenders make a fool of jobless people and trap them into a debt cycle. Find the right lender that matches your needs, and you’ll be good to go!

Due to COVID-19, many Canadians lost their regular employment. Many are worried about arranging food on their table, while others could be worried about paying their bills. But with the help of payday loans paid on weekends, all these problems can fix with the snap of a finger!

Read more: No Refusal Payday Loans Canada – 98% Accepted– Are they real?

What are the other options to get quick cash on a Weekend (Saturday and Sunday)?

If you don’t want to apply for payday loans on the weekend, you might try the alternative solutions mentioned below:

  • Borrow from friends or family: Borrowing money from friends or family members is one of the fastest ways to obtain money during emergencies. In this way, you can avoid substantial interest rates and other risks associated with external sources of loans. 
  • Cash advances: If you have a credit card, you can use it to withdraw money from it. Remember that you will have to pay the advance fee and interest for taking out cash from your credit card. 
  • Bank Overdraft: If your bank allows you to access overdraft, you can borrow money instantly from your current account. 
  • Request more time to pay: If you need to pay pending bills on a Saturday or Sunday, you might ask them for extra time. It is better to discuss and take more payment time instead of missing a payment and getting penalties.Â