How do I get a $2,000 quick loan without filling out a credit report?
Provide the requested information
Fill out the form with your contact information.
IBV Bank Verification
Complete the IBV (Instant Bank Verification).
Sign the contract
Accept the terms of your variable credit contract.
Receive your money
Your loan is sent to you via bank transfer or Interac.
What is a no credit check loan?
No-inquiry loans are short-term, immediate loans. An emergency loan can be used to finance urgent medical expenses, car repairs or other necessary expenses.
Fast loans do not, in themselves, have a negative impact on credit rating. Extending the repayment period of a fast loan will improve your credit rating. In addition, Equifax and TransUnion receive our lenders’ loan results. Repaying a microloan quickly will improve your credit rating.
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.
Borrow responsibly
An unsecured short-term loan is a quick and easy way to meet an unexpected need for cash. However, it is not recommended for extended periods of use or to meet recurring financial needs. They are quick and simple loans, but their interest rates are higher than those of bank loans.
To reduce costs, give priority to repaying the loans with the highest interest rates. Adopt a responsible attitude when you need funds.
Important details about fast loans
What is the annual interest rate?
The approximate annual interest rate is 19.99%. The monthly interest rate in the event of non-payment is 1.67%.
Prepayment schedule
Your minimum payment will be determined according to your repayment capacity and desired payment term.
Our credit terms are flexible; payments can be staggered over a period of three to six months. Full or partial payment is possible at any time.
Financial support and credit rating
We are at your disposal to help you, adapt your loan or meet other requirements.
Lending institutions do not perform credit checks, so our services have no impact on your credit rating.