Get a payday loan in Toronto, Ontario
Money Direct | Payday Loans & Cheque Cashing Toronto
Rating: 3.4656 Yonge St, Toronto, ON M4Y 2A6, Toronto, Ontario, M4Y 2A6
What you can do at Money Direct | Payday Loans & Cheque Cashing Toronto
Payday loans here
Money Direct | Payday Loans & Cheque Cashing Toronto offers short-term payday loans — cash advances repaid on your next payday.
Other services
- cheque cashing
- gold buying
- money transfers
- bill payments
- prepaid card loading
What to expect on cost
Typical APR ranges for the kinds of lending this business does.
- Payday advance
- typically 300–600% APR
Why this range
Fast approval
Built for speed — fast approvals, minimal paperwork, and funding that can land the same day (often by e-Transfer). The higher rate is the price of that speed and of lending to more credit profiles; it covers the lender's default risk. For someone who needs money now or has been turned down elsewhere, that trade-off is the whole point.
These are general expectations based on typical industry practices and provincial norms — not an offer or an evaluation of this specific business. Actual rates depend on your credit, income, the amount and term, the product, and the day. Always confirm directly and read the agreement.
What we checked
We categorize each listing against a fixed rubric. Here's what qualified this business, with the evidence behind each match.
- Very strong match · 95%
Payday loans
Loan typeA licensed lender offering short-term, small-dollar cash advances repaid on the borrower's next payday — in-store, online, or funded by Interac e-Transfer.
Browse payday loans nearby - Very strong match · 95%
Payday lender
Lender typeA licensed short-term lender whose core product is small-dollar payday loans / cash advances (often with cheque-cashing).
Browse payday lender nearby - Very strong match · 95%
Cheque casher
Lender typeA financial-services storefront that cashes cheques and offers small short-term advances, often alongside payday lending.
Browse cheque casher nearby - Browse payday loans · cash advance nearbyVery strong match · 95%
Payday loans · Cash advance
Offers cash advanceSpecialty - Browse payday loans · in-store payday nearbyVery strong match · 95%
Payday loans · In-store payday
Offers in-store paydaySpecialty - Very strong match · 90%
Gold buyer
Lender typeA gold/precious-metal dealer that lends against or advances cash on gold, bullion, and jewellery brought in by the customer.
Browse gold buyer nearby - Browse asset-backed & pawn loans · gold nearbyVery strong match · 90%
Asset-backed & pawn loans · Gold
Offers goldSpecialty - Very strong match · 85%
Asset-backed & pawn loans
Loan typeA pawnshop or gold buyer that lends against physical collateral held on deposit — gold, jewellery, watches, coins, and electronics.
Browse asset-backed & pawn loans nearby
Frequently asked questions
Does Money Direct | Payday Loans & Cheque Cashing Toronto buy gold?
Yes. Money Direct | Payday Loans & Cheque Cashing Toronto in Toronto operates as payday lender, gold buyer and cheque casher, so you can sell your gold there. Call ahead to confirm the day's payout before visiting.
What gold specialties does Money Direct | Payday Loans & Cheque Cashing Toronto handle?
Money Direct | Payday Loans & Cheque Cashing Toronto works with cash advance, in-store payday and gold. That's what sets it apart from other gold shops in Toronto.
What gold amountBands does Money Direct | Payday Loans & Cheque Cashing Toronto accept?
Valuations cover Under $1,000. A higher karat is a larger share of pure gold, which raises the per-gram payout.
Is Money Direct | Payday Loans & Cheque Cashing Toronto wheelchair accessible?
Yes — this location is listed as wheelchair accessible.
How do I contact Money Direct | Payday Loans & Cheque Cashing Toronto?
Money Direct | Payday Loans & Cheque Cashing Toronto is located at 656 Yonge St, Toronto, ON M4Y 2A6 and reachable at (416) 921-2274.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for cash advance near Toronto?
The nearest comparable options that also handle cash advance are Pay2day (0.1 km), Appletreecash inc (0.3 km) and Mr. Payday Easy Loans Inc. (0.4 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for in-store payday near Toronto?
The nearest comparable options that also handle in-store payday are Pay2day (0.1 km), Xcash Money Solutions (8.8 km) and XCASH FINANCIAL SERVICES INC. (8.8 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for gold near Toronto?
The nearest comparable options that also handle gold are Xcash Money Solutions (8.8 km), XCASH FINANCIAL SERVICES INC. (8.8 km) and Cash City (11.8 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for payday lender near Toronto?
The nearest comparable options that also handle payday lender are Pay2day (0.1 km), Appletreecash inc (0.3 km) and Mr. Payday Easy Loans Inc. (0.4 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for gold buyer near Toronto?
The nearest comparable options that also handle gold buyer are Xcash Money Solutions (8.8 km), XCASH FINANCIAL SERVICES INC. (8.8 km) and Cash City (11.8 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Money Direct | Payday Loans & Cheque Cashing Toronto for cheque casher near Toronto?
The nearest comparable options that also handle cheque casher are Cash Pond (10.4 km), Cash Pond (11.8 km) and Cash City (11.8 km). Comparing two or three quotes close by is the best way to land a fair price.
Standard hours
Hours not available- Monday
- Not available
- Tuesday
- Not available
- Wednesday
- 10 a.m. – 6 p.m.
- Thursday
- Not available
- Friday
- Not available
- Saturday
- Not available
- Sunday
- Not available
Standard weekly hours, shown in the branch's local time. Holiday and special hours aren't reflected — call ahead to confirm.