Payday Loans For Ontario Works
Are you living in Ontario works and need extra cash? Whizz can help you!
- *Whizz is an independent comparison website, not a lender or a broker.
- *Applying won't affect your credit score.
- *All loans are subject to creditworthiness and affordability checks.
Save thousands of dollars with our Fixed and Lowest ever interest rate loans.
Why a large number of people choose Whizz? Because we brightening their rainy days since 2017. We made online borrowing simpler, faster, and more affordable.
Why choose "Whizz"?
Need urgent money? Don't worry! Apply online and get fast approval*.
Borrow $100 to $5k
You are free to borrow as min $100 to max $5000 with long repayments terms.
Secure application
Use our modern age secured application process to ensure you get funds securely and quickly.
Instant cash access
Want to quickly access your credit? We approve your small loan online within few minutes.
Dedicated support
Our loan specialists are always ready to help you throughout the whole process until you get approval.
What is Ontario works benefits?
Ontario Works (OW) provide financial benefits to those people of Ontario who need money because they cannot find work or are temporarily off from work. There are two types of Ontario Works: financial assistance and employment assistance.
a) Financial Assistance: These benefits provide financial assistance to fulfill basic needs such as food, shelter, clothing, and utility.
b) Employment Assistance: It provides financial help to those eligible people willing to work towards finding employment. E.g., advanced training courses, learning parenting skills, getting a job, volunteering, and much more related to searching for new employment.
Find more information about Ontario Works (OW) by clicking here.
Am I eligible for payday loans for Ontario Works (OW)?
While eligibility criteria might be differed depending upon your lender, you usually need to provide the following basic information to get payday loans that accept Ontario Works benefits:
- Your age should be 18 years or older.
- Must be a Canadian citizen and resident of Ontario,
- Proof of Ontario Works income.
- Bank account information where you want to get funds.
- Valid email, phone number, and residence address.
Did you know? Around 6.9% of Ontario people under 65 years of age are enroll and receive benefits from Ontario Works (OW) or the Ontario Disability Support Program (ODSP).
How do I get payday loans that accept Ontario Works (OW)?
At Whizz, we offer the fastest e-transfer payday loans for Ontario Works 24/7. Once your loan is approved, we transfer your funds into your bank account within 5 minutes* through Interac e-Transfer®.
Here's our simple and easy 3-step application process:
- 1️⃣ Apply Online: Complete our secure and online application in minutes!
- 2️⃣ Instant Approval: Our trusted and direct Canadian payday loan lenders review your application and provide instant decisions. You must e-sign your loan contract and email it back to your lender if it is approved.
- 3️⃣ Get Funds: Our instant Ontario Works payday loans are sent to your bank account after that. You are free to use your loan amount without any usage restrictions.
Is a payday loan with Ontario Works a good idea?
Before applying for payday loans for Ontario Works or any other social assistance program, it is essential to consider the following points:
- What are your needs? First, thoroughly check your current financial situation and find out if taking a loan is the best option for you. Consider alternatives such as a 0% APR credit card or credit union loan. Take Ontario Works payday loans as your last option because of their high-interest rates.
- Understand the loan costs: Carefully review the interest rates, repayment terms, and other additional fees before accepting any loan offer. Make sure that you clearly understand the overall loan costs, plus whether it fits in your budget or not.
- Check your ability to repay: The most crucial point is to assess your ability to repay the loan based on your Ontario Works benefits. See whether you can afford the repayments of your payday loan or not. Sometimes we take a loan in a rush and later face more financial troubles like debt-cycle.
Payday Loans For Ontario Works- Some FAQ's
Can I get Ontario Works payday loans online the same day I apply?
Yes, some payday lenders offer payday loans that accept Ontario Works on the same day. Once your loan is approved, they transfer your money directly into your bank account through e-Transfer.
Can you get a loan while on Ontario Works?
Unlike traditional loans and lenders, some private lenders accept Ontario Works or ODSP as a valid source of income to approve a loan. Installment loans, cash advance loans, and payday loans are some options for applying with your Ontario Works benefits.
Can you get a payday loan on welfare?
Yes, there are many options to get a payday loan on welfare benefits in Canada. Generally, payday lenders accept all forms of income as a valid source, such as from benefits or gig works. They only want to see your affordability of loan repayment on the agreed date.
Can I get a payday loan for Ontario Works with bad credit?
You can get Ontario Works payday loans, even with a bad credit rating. Having bad credit doesn't mean you can't get loan approval. However, it is vital to repay your loan on the due date.
Other Loan Products
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- CCTB Payday Loans
- ODSP Payday Loans Online
- Payday Loans For Child Tax
- Baby Bonus Payday Loans Canada
- Payday Loans For Pensioners Canada
- Payday Loans With Government Benefits Canada
- Payday Loans For Disability Income Canada
Ready to get started?
Apply online, get instant decision, and if approved, access up to $1,500 or more.