Home › $300 Payday Loan
$300 is one of our most commonly requested amounts — enough to cover a real bill or repair without borrowing more than you need.
$300 sits comfortably above small day-to-day gaps but well under our maximum, making it a common choice for a single, defined expense.
Catch up on a bill before it goes to collections or gets disconnected.
Cover a smaller repair bill so you can keep getting to work.
Pay for a medication or treatment your benefits don't fully cover.
Ontario and Saskatchewan cap payday loan fees at $14 per $100 borrowed. Here's the exact breakdown for a $300 loan over our representative term — the same representative-example format used across our site.
| Amount borrowed | $300 |
|---|---|
| Cost of borrowing | $42 |
| Total repayment | $342 |
| APR | On this 62-day loan, the APR is 82.42% (includes interest and all applicable fees). |
| Term | 62 days — your exact due date is set before you sign |
Loan repayment terms range from a minimum of 61 days to a maximum of 62 days. Your exact repayment amount and due date are disclosed in your loan agreement before you sign — never after.
Because your maximum loan amount is capped at 50% of your net pay, you'll generally need at least $600 in net income per pay period to be approved for the full $300. If your income is closer to our $400 minimum, you may still qualify for a smaller amount.
We're licensed to lend in these two provinces only.
Employment, Child Tax, ODSP, Ontario Works, or pension income with bank history.
For your e-transfer and to authorize repayment via EFT.
A past, discharged bankruptcy does not disqualify you.
The same simple process for every loan amount we offer.
Takes under 5 minutes, no faxing or paperwork.
We check your income and banking, not your credit score alone.
An approval email confirms your amount and terms.
Your money is e-transferred, often within ~20 minutes.
You can request the exact amount you need during the application — $300 is simply a common amount, not a fixed package.
We do not perform a hard credit bureau inquiry that impacts your credit score during the initial application review. We base our decision mainly on your income and banking history.
Ontario and Saskatchewan cap payday loan fees at $14 per $100 borrowed. $300 × 14% = $42, for a total repayment of $342.
It's free to apply and takes under 5 minutes. No obligation.
Start My Application →Cost of Borrowing
Loan repayment terms range from a minimum of 61 days to a maximum of 62 days.
Maximum allowable cost per $100 Borrowed $14.00 | Cost per $100 Borrowed $14 | Maximum APR 365%
Representative Example: Borrow $500. The total cost of borrowing is $70. Total repayment: $570. On a loan of 62 days, the APR is 82.42%. This includes interest and all applicable fees.