Frequently asked questions
Unfortunately, no. We cannot defer your first or your last payment of your loan. We also cannot defer an upcoming payment if your last payment was unsuccessful. We can not defer two payments in a row.
Absolutely not. We never see your user id and password nor do we ever have the option to “login” to your account. This system allows you to securely and privately submit an online read only copy of your bank statement. This information is necessary in order to approve your loan request and is the most secure technology on the market today.
Your first payment must come out of your account as originally scheduled. After that, you may make an early payment for part or all of your loan at any time. We do require a minimum of 48 hours notice in order to stop a regular loan payment, and 7 days to stop a surety fee.
Your first payment must be taken by automatic withdrawal, but all other payments can be paid off early.
Yes. The phone number(s) you have provided on your application must be active and under your name.
Unfortunately, we do not offer insurance on our loan’s products at this time. However we are willing to make arrangements with you, if needed during difficult times.
To defer your upcoming payment, simply give us a call or email us at: 1-877-471-4589 or email us at [email protected]
Please note that a 48 hours delay is mandatory.
The best way to have your file analyzed as quickly as possible is to have your name on your voice mail, provide a security contact that has their name on their voicemail, and to release consent to your employer to have a job confirmation done. These are the 3 most common items that can slow down an application.
Have your balance, you will have to choose how you would like to make this early payment. We offer 3 payment options: 1. Email Money Transfer. 2. Credit Card payment 3. Automatic withdrawal. For options 1 and 3, you can either call or email to request the information needed, but for option 2, you will have to call at 1-877-471-4589 to make the payment.
All of our employment verifications are done by a third-party company called Dominion Empire. All they will be verifying is the information that you already provided. Such at start date, position, and if it is full time or part time. All of your information is kept strictly confidential, and we never let the employer know that you are applying for a loan.
As a first-time client you are eligible to apply for a $500 Loan. As you gain a trusted history with our lenders you will be able to apply for the next higher amount.
The fee to defer a payment is $25.00 for the first one. On your second deferral request, we charge you $50.00 ($25.00 fee and take $25.00 off your balance). On your third deferral, we would charge you $75.00, ($25.00 fee and take $50.00 off your balance).Please note that a 48 hours delay is mandatory.
We understand your concern, which is why our procedures rank amongst the best available on the web. This system was designed specifically to enhance your privacy and security. It operates at bank level security using the same 128-bit encryption as your bank does. Username and passwords are never displayed, viewed or stored. This is the safest, fastest, and most convenient way for you to submit your information for a loan approval.
In order for us to update the banking information on your file, we will need a void cheque or a pre-authorized debit form. Simply forward a picture of either document to [email protected]
Once an application is completed, including all documents or Instant Banking Verification, your file will be sent to the analysis department. The analysis department will review your application to determine if all is in order and meets the requirements of the lenders and conduct all verifications. This process can take up to 1 business days, but is usually much faster than that.
If you have lost your employment or you are unable to work for different reasons, we have ways to help. We will require you to supply documentation supporting your claim. If the correct documentation is provided, then we can have payments suspended for 2-6 weeks. ex: E.I. Claim, Doctors note, Disability claim, Detox center documents, private insurance claim, etc. If by the 6 weeks, you are not back at work, you will need to get in contact with us to make arrangements at 1-877-471-4589.
If you missed a payment, you will acquire a $45.00 NSF charge. If you missed a surety fee payment, then that payment, along with the NSF fee, will be put at the end of your surety payments. If you missed a regular loan payment, then that payment along with the NSF fee, will be put to the end your loan payments. For each missed payment, you loan will be extended by 2 payments, 1 for the missed payment, and 1 for the NSF fee. How ever if you can make up the missed payment within 5 business days, no NSF fee will be charged.
We always offer 5 business days to make up for missed payment. If that payment is made within 5 business days, then no NSF fee will be applied. We offer 3 payment options: 1. Email Money Transfer. 2. Credit Card payment. 3. Automatic Withdrawal. For options 1 and 3, you can either call or email to request the information needed, but for option 2, you will have to call at 1-877-471-4589
In order to defer your upcoming payment, we need a 48-hour notice for regular loan payments, and a 48 hours notice for surety fees (as they are collected by a third party company)
We would advise you not to. For any missed payment, you will acquire a missed payment fee. That fee is more than the fee we charge to defer your payment. Multiple stop payments on a loan will put your file into a poor standing. This could affect your ability to obtain another loan in the future.
The loan application process is 100% safe. Our company guarantees that your information will be kept confidential. When you call us about your file, we will always require that you answer security questions to access your file. This procedure ensures that nobody else but you can access to your information.
Once we have all the required information your file will be sent to the analysis department for review. This process can take up to 24 Business hours, but it is usually much faster than that.
We do offer payment arrangements, simply give us a call at 1-8777-471-4589, our qualified agents will do their best to help you make this loan more sustainable.
We always offer 5 business days to make up for missed payment, if you don’t or can’t make up for the missed payment, then on your next payment date you will have both payments come out of your account, and the NSF fee will come out on the following payment date.
A verbal confidential job confirmation is the way that we ensure that our clients are still employed. We simply call your employers to verbally confirm if you are currently working for them, your hiring date and how long they plan on keeping you employed. Also please note that these phone calls are confidential; meaning our analysts never divulge to your employers that you are applying for a loan.
Your user id and password are securely transferred directly to your financial institution in order to verify your identity as well as retrieve a 90 day “read-only” copy of your bank statement. The information is viewed by our specialists in order to make a fast and accurate decision on your loan.
Deferral fees are taken on the same day your regular payment was scheduled to be taken.
Your loan contract is 4 pages in total. The first two pages are for the loan itself, and the last two pages are for the surety fees. It is important to note that the date of the first payment is on Page 1 of the surety fee contract as the surety fees are paid first. We encourage all of our clients to fully read and understand all four pages of their contracts.
A pay stub is simply proof that you did work for an employer, not proof that you are still or will continue to be employed in the future. By conducting a verbal job verification, our lenders are able to ensure that you are still actively employed.
It can take up to 24 business hours to complete an application request once all required items have been received and the file is transferred to the analysis team. Here they will review your file and make all the necessary verification phone calls.
96% of all applications are usually completed and approved within 24 hours of receipt. However, it can take up to 3 business days based on the volume of applications received and the difficulty of conducting the verification phone calls.
The deferral fee is $25 for each and every deferral request that is made. An additional $25 is charged for the second deferral and $50 for the 3rd deferral. The reason for this, is that the additional charge is applied to the final payment on your loan. The intent is to help get your loan paid off as quickly as possible to avoid additional interest. We do require a minimum of 48 hours notice in order to stop a regular loan payment, and 7 days to stop a surety fee.
Unfortunately, this is the policy of our lenders at this time, and is beyond our control.
Unfortunately, no. You must be paid by direct deposit on regular time periods to be considered for the loan.
Yes you will, we always send a confirmation by email along with a confirmation number for your payment.