Everyone’s financial challenges are a little unique to them. Including yours! Access your payday loan in as little as 1 hour from approval.
Getting the fast payday loan, you need from Prairie Sky Loans is a better way to borrow because there's no paperwork, no faxing endless copies, only a fast and efficient online application.
The entire lending process is automated and provides you with an answer at the end. Once approved, your money is instantly sent to your bank account.
Apply NowOnce approved, you won’t have to watch long for your money. In just 5 minutes our e-transfer will have the funds in your bank account.
Prairie Sky Loans automatically debits your bank account for your payment. No fuss. What could be easier and more painless than that?
Apply NowYou can still get a payday loan in Saskatchewan with bad credit. We understand that things happen and your past shouldn't dictate your future
Any time, day or night, your loan will be e-transferred to you in just 5 minutes!
Apply NowForget those line-ups down at the brick-and-mortar joint. You can apply for this loan from the comfort of your couch.
Our advanced assessment tools instantly determine your eligibility. Once approved, just sign your electronic agreement and watch for your money.
Apply NowWe know that you want to be in control of your lending experience. Our agreements are clear. There’s no hidden fees.
Our easy to use tools help you assess the full costs of any borrowing decision that you make. We help you be a smart and informed borrower.
Apply NowApplying for a loan online requires sharing personal information. Protecting your security and privacy is absolutely essential to us.
That’s why we use the industry’s state-of-the-art encryption technology and security protocols. All our online transactions are fully protected. All to provide you the peace of mind that you require and deserve.
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At Prairie Sky Loans, we know how important flexibility is to financial success. We take into consideration all the relevant details of your financial situation. Whether you’re borrowing $100 or $1,500.
A payday loan is a high cost loan. Payday loans are regulated by the Financial and Consumer Affairs Authority of Saskatchewan. For information relating to payday loans you can visit the FCAA website at https://fcaa.gov.sk.ca
Can I make payments early? Yes, it is possible to pay early, and we encourage you to do it if you are able to! There are also no charges for early payments. Paying early is a great choice because: There are no extra fees. You can improve your trust rating with Prairie Sky Loans. Can I increase my loan amount after I get my cash? As responsible lenders, we only let our customers take out one loan at a time. That's why it's important when you apply for a loan to consider your finances.
The cost of borrowing is calculated as a percentage of the amount borrowed and range between $15 to $21 according to the Payday loan legislation of each province:
| Province | Interest Fees & Transparency | NSF fee |
| Alberta | $15 per $100 | $25 |
| British Columbia | $15 per $100 | $20 |
| Manitoba | $17 per $100 | $5 |
| Newfoundland & Labrador | $21 per $100 | $20 |
| Nova Scotia | $19 per $100 | $40 |
| Ontario | $15 per $100 | $25 |
| Prince Edward Island | $15 per $100 | $48 |
| Saskatchewan | $17 per $100 | $25 |
When you take a payday loan with Prairie Sky Loans, you are always in complete control of how much money you will owe and there are no surprises nor hidden fees. Before signing your loan agreement, we will give you a breakdown of all the costs involved in your loan so you will be able to make an informed decision.
Annual Percentage Rate (APR) is calculated on amount borrowed and the days needed.
We follow the strict guidelines and lending procedures set out by each province.
By Law we clearly show the APR to our customers so they can make an informed decision.
There is nothing easier than getting your money. After electronically signing your contract, you will receive your funds by e-transfer in the next 5 minutes. We send e-transfers 7 days a week, 24 hours a day. At Prairie Sky Loans, we want to ease our clients’ lives since we know that you have more important things to care about. Therefore our services are fast, convenient and hassle-free.
What happens on my payment date ? In order to make the payment process as straight forward as possible for you, we will automatically debit your bank account on the due date for the amounts specified in the contract. On your payment date, please make sure you have enough money available in your bank account for the payment in order to avoid any additional fees.
If you do not have any outstanding unpaid loans with us or any other Saskatchewan lender then you are eligible to apply for a new loan. You can only borrow up to 50% of your monthly net pay. If you want to borrow $1,500 you must have a minimum monthly net pay of $3000 or higher to be eligible.
A payday loan is considered as a short-term loan and is not intended for frequent use. If another situation arises and you do need to borrow money from us again, the loan application process will be quicker than the first time. Since most of your information are saved in your Prairie Sky Loans account, you can simply log in, confirm the existing information, and apply. It's that simple!
As part of our commitment to responsible lending. We consider each loan application we receive on an individual basis, so repeat borrowers are not guaranteed approval because they have borrowed from us before.
You can avoid any non-sufficient fund fees by making payments on time and ensuring that money is available for pre-authorized debits in your account on the due dates. NSF fees are broken down as follows, depending on each of the following Canadian provinces: Alberta, British Columbia, Ontario, Manitoba, Newfoundland & Labrador, Nova Scotia, Prince Edward Island & Saskatchewan.
| Province | NSF |
| Alberta | $25 |
| British Columbia | $20 |
| Manitoba | $5 |
| Newfoundland & Labrador | $20 |
| Nova Scotia | $40 |
| Ontario | $25 |
| Prince Edward Island | $48 |
| Saskatchewan | $25 |
Prairie Sky Loans's lending process is fully transparent so you can clearly understand your payment responsibilities. Depending on your pay period this daily fee may change. Your total amount to be repaid is the loan amount plus the interest fee, no additional fees will be charged to you.
The only way that your payment amount would increase is if you do not comply with your loan payment agreement. You must make sure that your bank account has enough funds to cover the preauthorized debit on the date you agreed to make a loan payment. If your bank account has insufficient funds at the time of the preauthorized debit, you will be charged a missed payment fee, and your bank may also charge you a non-sufficient funds fee. From there on, collection interests will be applied to the remaining balance of your loan until it is fully repaid.
From that point on, your file will be passed on to our professional collections team who will do their best to come to an agreement with you. Unfortunately, if you do not work with us to pay your loan in the agreed-upon time frame, Prairie Sky Loans will have no other choice but to pass on your file to an external collection agency.
The transfer of your file to an external collection agency may also generate additional fees for you, it can lead your credit file to a negative note and could damage your file for six years. Your credit file information can be passed on to other organizations by credit agencies and fraud protection agencies for verification purposes or to track your whereabouts in order to recover the sums owed.
This is why we reiterate that it is extremely important to respect your commitments with us. Prairie Sky Loans is a company with a human side and we understand that difficult situations may happen. If this is the case, please contact us as soon as you can so we can find an arrangement that can reduce costs for you and that will allow you to meet your commitments. However, Prairie Sky Loans strongly recommends that you think seriously before applying for a loan. If you have any doubts about your capacity to reimburse this loan according to the established terms, we recommend you to find another source of financing.
We follow the strict guidelines and lending procedures set out by each province.
By Law we clearly show the APR to our customers so they can make an informed decision.
Prairie Sky Loans Responsible and fair-lending practices to help you reach your financial goals. We are always here to help with an online payday loan when unexpected expenses come up and you are short of money until your next payday.