Online payday loans in Calgary, AB, are short-term financial solutions for immediate cash needs. These loans typically range from $100 to $1,500 and must be repaid on your next payday. The application process is straightforward and can be completed online, with approvals often granted within minutes. However, these loans carry high-interest rates, which can lead to potential debt cycles if not managed carefully. Eligibility requires you to be at least 18 years old, have proof of income, and possess a valid ID. Understanding the risks and alternative options can empower better financial choices. More insights await you on this topic.