Are you getting rejected for a loan from banks and other financial institutions? Then let us help you apply for an easy personal loan. With the development of new technology, taking out a loan doesn’t have to be a long and tiring process. So even if you have a poor credit score, you can still get a loan from us easily.
So, if you have questions like, “How to get a loan with bad credit?” Or “How to get a same-day loan?” Then we are going to tell you the simplest way to get a quick short-term loan on the same day.
Our loan application process
- Application form
Visit our homepage and start the application process. Our 5-minute loan application asks basic questions about you, your job, bank account details, and other essential information that allows us to assess your application.
When we receive your loan application, our loan manager reviews your loan application. Then, we use the IBV facility to verify the borrower’s identity. The IBV facility allows us to look directly into your bank’s information, from which we can match the information provided by you. This makes the whole process simpler and easier by eliminating the need to send copies of physical documents. Our manager will also contact you for final verification and explain the further process.
- Loan transfer
Once our manager accepts your loan application, we will transfer the loan directly into your bank account. So there’s no need to wait for days or weeks to get a loan.
We made our whole process online to facilitate faster loan transfers and help people receive loans easily and meet their urgent expenses. So, this is how to get a same-day loan without the need for any credit check.
Conditions to Apply for a Loan
Before applying for a loan, here are the conditions that you need to meet to get a loan from us. We do not ask for anything special, and that is the reason we have a higher success rate in providing loans to people.
- Stable income
The first requirement is to have a stable job. If you are regularly earning, it gives us a valid reason to trust your ability to pay back the loan. Moreover, it is also an important part because we do not check your credit score. So, if you earn more than $1,800 a month, you can easily get approved for the loan.
- Legal age
To apply for a loan with us or anyone in general, you need to be of legal age. If you are over 18, you can easily apply for a loan with us. Some provinces can have their own legal age, so you can check with your state’s official website to determine the official legal age.
- Citizenship and banking
To get approved for a loan with us, you need to be a citizen of Canada with an active bank account and have a minimum transaction history of the past 3 months. This helps us confirm that you are what you say you are.
- Stop transaction
You shouldn’t have more than three stopped payments or failed payments due to insufficient funds in your bank account in the past three months. If you have more than 3 stop payments, try improving your financial habits.
These are the conditions you need to meet to get approved for a loan. So, as you can see, our conditions for getting approved for a loan are pretty basic, and any decent person can have
Why Do People Choose Us?
We understand a rough time can hit you at any time without any warning. And because of that, we provide instant loans and help you meet your immediate needs. We have a customer-first approach and do not judge you based on your credit score.
With the help of online technology and the internet, we have been able to provide our loan service at a faster rate. In addition, people love to apply with us because we provide them with loans on the same day.
- Customer support
It is normal to feel confused when you are bombarded with thousands of problems from everyday life. We may not be able to help you with other things in your life, but we can surely provide you with great support to get a quick loan.
Whether you want to apply to us in the morning or the evening, Our online model of providing loans is available 24/7. So, you can rely on us anytime you want a loan.
We want it to work for you, and that’s why we have flexible plans to meet your needs. You can choose your tenure period and payment frequency to meet your monthly needs. If you want to pay off your loans fast, you can do it without any penalty or charges.
- No hidden fees
We know how frustrating it can be when hidden fees, such as transaction fees, gateway charges, and similar fees, are added to the final amount. That’s why we created a fair and square online lending system to assist you in getting a quick loan and dealing with emergencies and difficult situations effectively.
An all in one place for your financial needs
At Instant Funding, we not only aspire to provide you with quality service but also want to teach you the best ways to manage your finances. So, read our quality blogs where we talk about everything about money and finances. Then, apply for a loan with us and take advantage of our short loan process and deal with adversities.
Get an e-transfer loan today
Now you know how to get a loan with bad credit! So, don’t stand in queues and wait for days to get approval on your loan. Instead, apply and receive a loan on the same day with Instant Funding. So what are you waiting for? This is how to get a cash loan on the same day.