How We Rate Lenders
Every rating on E-Transfer Payday Loans Canada follows the same transparent methodology. Here is exactly what we measure and how much each factor counts.
Back to HomeOur Rating Criteria
We score each lender out of 10 using five weighted criteria. The weighting reflects what matters most to a borrower in an urgent situation: safety and cost first, convenience second.
| Criterion | Weight | What We Look For |
|---|---|---|
| Licensing & compliance | 30% | Valid provincial licence, clear disclosures |
| Cost transparency | 25% | Full cost of borrowing shown before signing |
| Funding speed | 20% | How quickly funds arrive by e-Transfer |
| Repayment fairness | 15% | Reasonable terms and hardship options |
| Customer support | 10% | Reachable, Canadian-based service |
Our Review Process
- Verify the lender holds a valid licence in the provinces it serves.
- Complete a sample application to assess speed and clarity.
- Review the loan agreement for hidden fees or unfair terms.
- Test customer support responsiveness across channels.
- Score each criterion and combine into a weighted rating.
Keeping Ratings Current
Lender terms and licensing statuses change, so we re-review our featured lenders regularly and update ratings as needed. If a lender loses its licence or introduces unfair terms, it is removed or downgraded promptly.