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A POPULAR MID-RANGE AMOUNT

$300 Payday Loan Online

$300 is one of our most commonly requested amounts — enough to cover a real bill or repair without borrowing more than you need.

$300Loan amount
$342Total repayment (14-day term)
~20 minFunds via e-Transfer after approval

What people use a $300 loan for

$300 sits comfortably above small day-to-day gaps but well under our maximum, making it a common choice for a single, defined expense.

A utility or phone bill

Catch up on a bill before it goes to collections or gets disconnected.

A minor car repair

Cover a smaller repair bill so you can keep getting to work.

Prescription or medical cost

Pay for a medication or treatment your benefits don't fully cover.

What a $300 loan actually costs

Ontario and Saskatchewan cap payday loan fees at $14 per $100 borrowed. Here's the exact breakdown for a $300 loan over our minimum 14-day term — the same representative-example format used across our site.

Amount borrowed$300
Cost of borrowing (14 days)$42
Total repayment$342
APR364% (includes interest and all applicable fees)
Term14 to 62 days — your exact due date is set before you sign

Longer terms within the 14–62 day window will have a different total cost. Your exact repayment amount and due date are disclosed in your loan agreement before you sign — never after.

Do you qualify for $300?

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.

Required

19 or older, Ontario or Saskatchewan resident

We're licensed to lend in these two provinces only.

Required

Regular income

Employment, government benefits, pension, or self-employed income with bank history.

Required

Active Canadian bank account

For your e-transfer and to authorize repayment via EFT.

Required

Not in active bankruptcy

A past, discharged bankruptcy does not disqualify you.

See the full eligibility list →

How to get your $300 loan

The same simple process for every loan amount we offer.

1

Apply online

Takes under 5 minutes, no faxing or paperwork.

2

We review it

We check your income and banking, not your credit score alone.

3

Get confirmation

An approval email confirms your amount and terms.

4

Funds sent

Your money is e-transferred, often within ~20 minutes.

$300 loan FAQ

What if I only need $250, not exactly $300?

You can request the exact amount you need during the application — $300 is simply a common amount, not a fixed package.

Does a $300 loan affect my credit score?

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.

How is the $42 cost calculated?

Ontario and Saskatchewan cap payday loan fees at $14 per $100 borrowed. $300 × 14% = $42, for a total repayment of $342 over a 14-day term.

Ready to apply for $300?

It's free to apply and takes under 5 minutes. No obligation.

Start My Application →
Apple Tree Cash is a licensed payday lender in Ontario and Saskatchewan. Maximum cost of borrowing is $14 per $100. Representative example: borrow $500 for 14 days, total cost of borrowing $70, total repayment $570, APR 364%. Loan terms range from 14 to 62 days. Approval is not guaranteed and depends on your income, banking history, and ability to repay.