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Do you qualify?

Simple requirements announced upfront. No surprise at the end of the process: the form confirms it right away.

Person confidently checking their eligibility requirements

The 4 eligibility requirements

  • A regular paycheque from an employer, full-time or part-time
  • Direct deposit of your pay into your bank account
  • A bank account open for at least 3 months, with regular income deposits
  • 18 or older and living in Canada

Why these requirements?

We do not use your credit score. Our decision is based entirely on the stability of your income, which is verified through Instant Bank Verification (IBV). For that verification to work, your income must show clearly in your banking history: that is what an employer paycheque, direct deposit and an account active for at least 3 months guarantee.

Income types not eligible at this time

In all transparency, here is what we currently cannot accept as a main source of income:

  • Self-employment or business income
  • Employment Insurance, CPP, OAS, pension
  • Child tax benefits
  • Disability income
  • Welfare or income support
  • No income

These income types are not compatible with the IBV analysis used to assess repayment ability. If your situation changes and you start receiving a regular paycheque from an employer, you will be welcome to reapply.

Check in 2 minutes

The form tells you immediately whether you qualify, before even asking for your contact details. No wasted time, no false hopes.

Check my eligibility
Good to know: applying never affects your credit score, because we never run a credit check. And checking your eligibility commits you to nothing.

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Rates & disclosures

Cost of borrowing, in full

Required information about our loans so you can make an informed decision, before you apply.

Maximum annual percentage rate (APR)

Our maximum annual interest rate is 19.99%. In the event of non-payment, the applicable rate on the overdue amount is 1.67% per month.

Repayment period

Loans are repayable over a minimum of 61 days and a maximum of 6 months. You can make a full or partial repayment at any time, with no penalty.

Representative example of total cost

Loan amount$500 CAD
Annual interest rate19.99%
Term90 days
Total repayable$524.65 CAD
Payments$174.88 / month, for 3 months

A $500 loan may be paired with optional services, which are entirely optional. Subscribing to these services is not required to obtain the loan and has no effect on the credit decision or loan terms. If you choose to opt in, optional service fees may apply and are payable bi-weekly over 6 installments, separately from loan principal and interest. Example: a payment of $145.59 bi-weekly, for a total of $873.54, including optional service fees. Optional services are provided by a separate entity, which sets its own fees independently of loan interest.

Borrow responsibly. While we offer a helpful option when you need it, our interest rate is higher than a local bank's. Use short-term loans only when no other option is available, and as rarely as possible. Taking on several short-term loans at the same time can lead to serious financial difficulty and excessive debt.