How It Works
To obtain a loan with us, you must complete with the following conditions:
- Be 18 years or older
- Be a Canadian resident
- Have a job for at least 3 months
- Be paid by direct deposit in a Canadian bank
- Have two references that do not live at the same address as you
- Do not have the intention of applying for bankruptcy within the next 3 months
LOANS BETWEEN $250 AND $1000 AVAILABLE QUICKLY!
Rapid application analysis
Direct deposit into your account!
Once the loan is approved, our agents will send you the contract. Your signature is required with one simple click! There is no need to print the form, sign it and fax it in.
Once the contract is signed, our agents will deposit the amount chosen, directly into your bank account, within 24 hours.
Amount of the loan
What is the annual rate?
We work with the best financial institutions to offer a maximum annual rate of 29%.
Do you have an example of a loan and the payment amounts?
The payment amounts will vary depending on the amount, the frequency and the length of the payment contract. You can repay your loan with a flexible repayment plan within 3 or 4 months.
As an example: if you borrow $500 and would like to repay it in 4 months, you will pay about $46.88 per week.
We invite you to try our payment calculator to get an idea of the payment amounts depending on your specific situation.
What happens if I am late with a payment?
There are two possibilities if a payment is late.
Your pre-authorized payment was declined.
In this situation, you will have to pay a $50 fee and your financial institution may also charge you a fee for “insufficient funds” (NSF). It is best to ensure that the necessary funds are available before the payment date in order to avoid these fees.
You have requested a payment postponement.
If you choose to postpone a payment, a $35 administration fee will be charged. You may request that your payment be deferred to a later date. Make this request at least 3 business days before the payment date to ensure that the postponement is approved.
Will my loan be automatically renewed?
Non. No. Your loan is not renewed unless you apply for renewal or if it has been declined. Have a look at our Renewal page for more details.
What about credit scores and collections?
If you cannot make a payment on time, do not worry. Our team will find a solution with you.
It is important to note that we comply with Canadian lending regulations and standards. This means that we are obligated to demand full payment of all amounts, interest and other fees incurred if there is a default payment on any modified payment agreement. We will also claim any legal fees incurred as a result of the default payment on your modified agreement and you will be obliged to reimburse us.
If we cannot come to an agreement about the repayment of your loan, we will transfer your file to a collection agency. Your credit score may be affected. It is therefore in your best interest to make your payments on time.