Frequently Asked Questions (FAQs)

How does Installment Loans Canada function for providing loan services?

We are loan arrangers who will collect your financial profile and then match with the numerous high-quality loan deals that are available with our lenders. We will bring you the best loan deal after doing a sharp comparison of the available deals.

What are the basic eligibility requirements?

You should be a permanent resident of Canada and at least 18 years old. You should be employed with a reputed firm that pays you at least $1000 (CAD) every month as salary. You also need to possess a valid checking account.

How much do I have to pay for availing your services at Installment Loans Canada?

You do not have to pay anything for availing any of our services. We provide cash assistance without charging anything.

How much funds can I collect through your loan services?

Whether you choose the poor credit personal loans or the loans after bankruptcy, you will be able to collect any amount that fits your needs as well as your repaying capacity.

Do I have to fax or mail any document for getting approval?

No. We have paperless application process for all our services. Hence, when you apply, you just have to submit the form online after completing it appropriately.

Is it mandatory to pledge collateral?

No. We do not require you to pledge security against the money that you borrow. Hence, you can apply for all our services even if you are a tenant or non-homeowner.

Are your services available to poor credit borrowers?

Yes. We help in getting desired cash to all the borrowers irrespective of the kind of credit report they possess. Therefore, even if you have a poor credit score and ratings that range from defaults to bankruptcy, you are still eligible for the loans after bankruptcy and poor credit personal loans.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

Do not pay any lender or broker an upfront fee to process your loan application.