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City · British Columbia

Payday loans in Vancouver: online lenders and a cheaper local option

Payday loans in Vancouver are regulated by Consumer Protection BC. The maximum cost is $14 per $100 borrowed, loans are limited to $1,500 or half your net pay, and you have two business days to cancel. Public Cash Services does not lend — we show licensed options, costs and local alternatives.

Last reviewed by the Public Cash Services editorial team

How do payday loans work in Vancouver?

British Columbia sets the rules and Consumer Protection BC enforces them. Its public licence search covers every lender allowed to serve a Vancouver address, storefront or online. A $600 loan carries a maximum fee of $84, and a lender cannot give you a second loan until the first is repaid.

Is there a local alternative built for this?

Yes. Vancouver is unusual in having a credit union product designed as a payday-loan replacement, with a far lower rate and a longer term. It is listed below along with free counselling and the provincial rent bank network — worth a look given how much of a Vancouver paycheque goes to housing.

What should I check before borrowing?

  1. The lender’s licence on the Consumer Protection BC search, set to “Payday Lender”.
  2. That the loan is no more than 50% of your net pay.
  3. The total in dollars and the exact due date.
  4. How to cancel within two business days.

What rules and cost caps apply in Vancouver?

British Columbia payday-loan rules at a glance
Maximum cost of borrowing$14 per $100 borrowed, all fees included
Maximum loan amount$1,500
Income-based limitNo more than 50% of your net pay for the term of the loan.
Loan termUp to 62 days.
Right to cancel2 business days
RolloversNot allowed. A lender cannot extend or renew a payday loan for an extra fee, or issue a new loan to pay off the old one.
Dishonoured paymentA one-time fee (commonly up to $20) if a cheque or pre-authorized debit is dishonoured.
Licence requiredYes — storefront and online lenders
RegulatorConsumer Protection BC · 1-888-564-9963
LegislationBusiness Practices and Consumer Protection Act and Payday Loans Regulation (BC)

Sources: Consumer Protection BC; Financial Consumer Agency of Canada; Criminal Interest Rate Regulations. Last reviewed November 14, 2026.

Check a lender’s licence with the regulator (opens in a new tab)

Full British Columbia payday-loan rules →

Which licensed lenders serve Vancouver?

Cash Money

Licence numbers published

Cash Money has offered payday loans in Canada since 1992, online and through a store network, alongside a line of credit.

Cost per $100
$14
Up to
$1,500
Funding
e-Transfer in about 15 minutes once approved, or cash in store (reported)
Serves
BC, MB, NL, NS, ON, SK

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to Cash Money.

Cashco Financial

Licence numbers published

Cashco Financial is an Edmonton-based lender with branches across western Canada, offering payday loans and a longer-term Flex Loan.

Cost per $100
$14
Up to
$1,500
Funding
Same-day decisions in branch (reported)
Serves
AB, BC, SK

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to Cashco Financial.

easyfinancial

Installment loan · 35% APR cap applies

easyfinancial, part of goeasy, offers instalment loans from $500 to $20,000 unsecured through about 400 branches and online in every province.

Rate
29.99% to 34.99%
Up to
$20,000
Funding
Decision reported within about 30 minutes
Serves
AB, BC, MB, NB, NL, NS, ON, PE, SK

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to easyfinancial.

Fairstone

Installment loan · 35% APR cap applies

Fairstone is a national instalment lender with more than 250 branches, offering unsecured loans up to $25,000 and larger secured loans for homeowners.

Rate
19.99% to 34.99%
Up to
$25,000
Funding
Typically the next business day
Serves
AB, BC, MB, NB, NL, NS, ON, PE, SK

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to Fairstone.

Fig

Installment loan · 35% APR cap applies

Fig is an online personal-loan lender for borrowers with good credit, offering $2,000 to $35,000 at rates from 8.99% APR.

Rate
8.99% to 29.49%
Up to
$35,000
Funding
Two to three business days (reported)
Serves
AB, BC, MB, NB, NS, ON, PE, SK

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to Fig.

Focus Cash Loans

Licence numbers published

Focus Cash Loans (Focus Financial) offers online payday loans in Alberta, British Columbia and Ontario.

Cost per $100
$14
Up to
$1,500
Funding
—
Serves
AB, BC, ON

“Get Started Now” opens our personal-loan request, handled by our lending partner — it is not an application to Focus Cash Loans.

Where are payday lenders in Vancouver?

The map is provided by Google and loads only when you ask for it. A pin on the map is not proof of a licence.

What are the alternatives to a payday loan in Vancouver?

What are my rights as a borrower in Vancouver?

  • Cost ceiling: no more than $14 per $100, all fees included.
  • Cancel: 2 business days to return the money at no cost.
  • No rollovers: the lender cannot extend the loan for another fee.
  • Complain: to Consumer Protection BC at 1-888-564-9963. See Borrower Help.

Vancouver payday loan questions

How do I check a Vancouver payday lender’s licence?

Search the lender on the Consumer Protection BC payday licence search and confirm the status is active.

What does a $500 payday loan cost in Vancouver?

Up to $70, so you would repay $570.

Can I have two payday loans at once in Vancouver?

No. BC allows only one payday loan at a time and prohibits rollovers.

Is there a cheaper option than a payday loan in Vancouver?

Often, yes. Credit union small loans, the BC Rent Bank and free credit counselling are all worth checking first.

Neighbourhoods covered

  • Downtown
  • East Vancouver
  • Kitsilano
  • Marpole
  • Mount Pleasant
  • Renfrew-Collingwood

Nearby cities

  • Burnaby
  • Richmond
  • Surrey
  • North Vancouver
  • New Westminster
  • Coquitlam
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