DETAILS ON LOAN REQUESTS
In order to be eligible, you must meet the following conditions :
- 18 years old or more;
- Be a Canadian citizen;
- Employed for at least 3 months;
- Paid by direct deposit in a Canadian banking institution;
- Not planning to declare bankcruptcy;
- Make more than $1200 per month.
Once you have completed your online application or on the phone with our team, a variable credit contract will be issued and sent to you by fax or email. You will have to return the 3 page contract fully signed and all other mandatory documents for your loan approval by fax or email.
The required documents are:
- A pre-authorized debit form or a void cheque from your banking account;
- A copy of your last pay stub;
- A valid identification card (signed with a photo ie. health card, driver’s licence, passport, etc.);
- A copy of your bank statement (last 30 days);
- A proof of residence (Phone bill, Utility bill, etc.).
To pay back your loan, you will have to issue either weekly, bi-weekly, or monthly payments according to your work pay schedule over a minimum period of 90 days.