How to get your $1500 fast loan?
Provide the requested information
Fill out the form with your contact information.
IBV Bank Verification
Complete the Instant Bank Verification (IBV) process.
Sign the contract
Approve the loan and associated variable credit agreement terms.
Collect your $1500
Your loan will be sent by Interac or bank transfer.
No credit check loans are…
Short-term loans, also known as quick loans. You can use an emergency loan to cover urgent medical expenses, necessary car repairs or other needs that can’t wait.
Short-term loans have no impact on personal credit. Extending the repayment period of a quick loan can have a beneficial effect on your credit rating. In addition, lenders report loan results to Equifax and TransUnion. You can improve your credit rating by repaying a microloan on time.
Frequently asked questions about no-inquiry loans
- Must be at least 18 years old
- Reside in Canada
- Be employed for a minimum of three months and/or receive eligible income*.
- Be paid by direct deposit into a Canadian banking institution
- Not be in bankruptcy proceedings
- Receive a minimum income of $1,500 gross per month
Types of eligible income
- Salary
- Occupational Health and Safety Commission
- Lifetime disability
- Retirement income
- Family allowance
Badcredit-loans.ca is an automated system for finding the best loan for your situation. We work with many financial partners who are licensed to lend money.
You can often expect to receive the loan money by Interac transfer within hours of accepting the loan and signing the contract!
Banking institutions use the latest technology available, called Instant Bank Verification (I.B.V.). It allows us to verify your information and obtain a read-only copy of your bank statement.
Thanks to this technique, we don’t need any documentation from you, so we can approve you even faster.
A read-only copy of your bank statement is sent to us. We never see your username or password.
You can use the following example as a reference if you wish to borrow money from one of our partners: A loan of $750 would require nine bi-weekly payments of $136.57.
This example assumes that, before applying for a new loan, the original amount has been repaid in full.
Make responsible borrowing decisions
An unsecured short-term loan is a quick and easy way to meet an unexpected demand for cash. That said, this type of loan should not be relied upon to meet ongoing financial needs or for long-term use. These loans are easier to obtain than bank loans, but their interest rates are higher.
To save money, pay off the loans with the highest interest rates first. When money is tight, borrow wisely.
Quick loan essentials
Can you tell me the annual interest rate?
The annual interest rate is approximately 19.99%. The monthly interest rate is 1.67% in the event of non-payment.
Payment plan
Your repayment capacity and preferred payment term will be used to determine the minimum payment amount.
Thanks to the flexibility of our loans, you can spread your payments over three to six months. You can pay in full or in instalments at any time.
Financial and credit assistance
We’re at your service for any reason, including helping you adapt your loan.
Our services will not affect your credit rating, as we do not share customer information with lending institutions.