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Instant Loans Canada

Instant loans Canada is a short-term borrowing option that is available to people who require cash immediately. They can also be referred to as cash advance loans or short-term loans, and these borrowing options are provided to customers in real-time online. As a result, customers can expect an instant decision from a Canadian lender, who will then deposit the funds into their bank account in Canada within a few hours after approval.

Why Apply Through Us?

  • No collateral or guarantor required
  • Fast deposit of money into your Canadian account
  • Guaranteed instant online decision
  • Apply 24/7 from the comfort of your home

What is an Instant Loan?

Compared to short-term loans, they are a relatively new phenomenon in the financial industry in Canada. They arose primarily due to increased demand from customers seeking instant pay-out. The short-term lending market has grown and evolved, so have the industry's processes and systems. This has made applying for a cash loan online a quick and easy process when you need money in an instant. There is no longer a need to go into a physical bank and fill out long, arduous paper applications. Many online loan brokers provide a great alternative to helping you borrow money quickly and at cheap rates.

When Should You Use Instant Loans?

Instant loans in Canada provide people with short-term credit to help them get through an emergency or unexpected expense. For example, you are self-employed and your computer stops working, you may need to borrow money to repair it. Otherwise, you can't earn money unless you have this essential tool. Therefore, they provide a valuable service to people who do not have another option, such as savings or credit card availability. They can also be ideal for those who cannot quickly access more affordable types of credit, providing financial independence to help them get out of such situations.

For those who cannot obtain more affordable online credit, or who prefer the speed, convenience, and personalised instant service we provide, this option can act as a credit builder if you pay it off in full and on time. This could also help you get more affordable credit in the future.

Are You Able to Assist with Immediate Approval?

Yes, subject to your credit score, our Canadian lenders can provide immediate online approval on your instant loan in Canada. If you are looking to borrow money, our lenders aim to have the money in your Canadian bank account within a few short hours of submitting your application. This is contingent on you passing all our credit checks and affordability assessments. If the lender needs further information, they will contact you directly, which may cause the instant approval to take a little longer. The lender will always aim to have the funds in your account on the same day.

Our online process is designed to be as efficient and straightforward as possible without the need for a co-signer or guarantor who is based in Canada. We understand that a quick decision process and immediate cash deposit direct into the customer's Canadian account are critical components of our service.

If you have any questions about any of the terms in your agreement, such as rates and total repayable, you will need to contact your lender directly.

Top Questions...

What are the advantages of applying for an instant loan?

In Canada, an instant loan online is ideal if you need a quick cash injection, whether for a last-minute vacation or to pay for groceries while you wait for your next pay date. We understand that life is unpredictable and that you may require cash in an instant to cover yourself in the short term. We have a wide range of options ranging from micro to long term loans.

What is the maximum amount I can borrow?

We provide options ranging from $300 to $50,000, but we do not recommend that you borrow on the spur of the moment. You should always be aware of the total repayable amount, as well as the term, interest rate, and monthly payments. We want all our Canadian customers to use our instant lending services responsibly. However, it is comforting to know that we are only a few clicks away on your smartphone, tablet, or computer if we are required. It would be best always to only borrow what you need for your situation, rather than the maximum amount available.

How do repayments work?

Your Canadian lender will arrange the best repayment option available to you. The schedule for this will be agreed upon with you during the application process and will always try to remind you at least a few days before the payment is due. Depending on your needs, you can choose to pay weekly, fortnightly, or monthly.