Frequently asked questions

Certainly! As a standard practice, our processing methods do not involve a credit check; instead, they are solely based on your bank statement and employment status.

To qualify for a loan, you must meet the following criteria:

• You should be a Canadian citizen.
• You must be at least 18 years old.
• You need to have a minimum monthly income of $1,200, received through checks, e-transfer, or direct deposits from your employer.
• You should have reliable employment with at least 3 months of continuous employment.
• You must own a Canadian bank account in which your pay is received through direct deposit, e-transfer or checks, and the account should have been active for at least 3 months.
• You should not be on the verge of bankruptcy or about to enter a consumer proposal.
• You should have a low or no history of insufficient funds transactions.
• Your short-term debt ratio, including other active short-term loans, should be low.

Please note that the following income sources are NOT accepted:

• Social assistance
• Student loans
• CPP (Canada Pension Plan)
• Child tax benefits
• Private pensions
• Disability payments
• Other income from insurance

Our offering stands out for its paperless approach, which eliminates the need for any physical documents. It incorporates instant verification and e-signature capabilities. By providing us with secured view-only access to your account, you can have your loan application approved without the need of submitting paperwork.