Online Loan
An online loan is money you borrow through a lender’s website or app instead of visiting a store. You apply, upload your documents, and get a decision online. Once approved, funds are sent to your bank account, often the same day, which keeps the process quick and avoids paperwork.
How An Online Loan Works
You start on the lender’s website, fill out a short application, and share proof of income and banking details. Speedy Cash does not pull your credit score, but we do evaluate your income, ability to pay, and other factors to make our lending decisions.ur products are designed for those with less-than-perfect credit. Applications are open to Canadians 24 hours a day, while approvals and funding happen during business hours.
Loan amounts, costs, and eligibility vary by province, so check your provincial page for the details that apply to you.
What You Need To Apply
- Proof of steady income, such as a pay stub or benefit statement.
- An active chequing account for deposits and repayment.
- Valid government-issued identification.
- A phone number and email address for updates.
Getting Your Funds
Once approved, most customers receive their money the same day, usually within an hour, with email money transfer or instant debit card funding even faster. Instant Debit Card Funding availability varies based on your bank.
Frequently Asked Questions
How fast is funding for an online loan?
Once approved, most customers receive their money the same day, usually within 30 minutes with email money transfer or instant debit card funding.
Does an online loan need a credit score check?
Speedy Cash does not pull your credit score. The review looks at your income, banking history, and ability to repay before a lending decision.
Is the application open at night?
You are able to start an application at any time of day online. Approvals and funding take place during business hours.
An online loan turns a store visit into a few steps on your phone. To get started, review our Speedy Cash online loans or apply online today.