Friendly Lender

For those with a bad credit score

E-Transfer Loans

     When people need a short-term loan quickly, Canadians have come to trust Friendly Lender to help them secure an e-transfer loan to help them alleviate their financial stress. We work with a network of professional lenders that specialize in producing e-transfer loans; who do not necessarily perform a credit check, and who require no collateral. They work “24/7” to ensure prompt delivery of funds, depositing money directly into one’s bank account, so you do not have to worry about cashing a cheque and having it processed.

*Does Not Affect Your Credit Score

What are E-Transfer Loans?

     Commonly, when one seeks the aid of a lender to provide them with short-term financing, lenders may provide cheques as a source of money; which then forces the recipients of those loans to cash it and then wait for that deposit to be processed. With e-transfer loans though, this is not the case. Instead, this short-term lending option allows for the immediate receipt of funds, as the loaned money is deposited by our lending partners directly into the recipient’s bank account, electronically. Friendly Lender’s e-transfer loan option is a novel product for those who find themselves in a bind, financially and cannot spare a moment to address their financial obligations. 

Requirements for Obtaining Bad Credit E-Transfer Loans Through Friendly Lender

     The network of lenders that Friendly Lender works with take a different approach to evaluating loan applications when compared to conventional lenders. Instead of using someone’s credit history as a measuring point for loan approval, our network of professional lenders tends to utilize information regarding your current payment stream from your job instead in evaluating the risk they are taking in issuing a loan; they have a significant interest in the potential your regular pay cheque provides you for repayment. So if you have a steady form of income and are merely in need of short-term financing fast, Friendly Lender may be able to help, regardless of your credit history. 

Who is Eligible?

Information You Need to Provide to Get an E-Transfer Loan

     To apply to conveniently receive an e-transfer loan through Friendly Lender there is select information you need to provide us with. Simply access our easy to navigate, and secure online application and fill out the required fields. The information you will be asked to provide includes:

  • Your name
  • Your address
  • Your contact information
  • Your birthdate
  • The amount of money you want to borrow; from $100 to $1,000
  • Your banking information
  • Your employment information
   Once this is done you can expect an immediate response from our end about your application; and if approved, can then look forward to quickly receiving your money securely, directly into your bank account, which can be done in as soon as a day.
Applying for an online loan is as easy as 1-2-3

How it Works

Securing Your E-Transfer Loan Without Collateral

     One concern of people who are looking to secure a short-term loan fast is whether they will need to provide collateral on a loan in order to secure that money; and with some lenders this may be the case. People with a bad credit score present a large risk to lenders, so in order to protect their interests loaning parties may require the promise of an asset from such people, say a car, or jewelry, in order to cover the risk of loosing money. But with Friendly Lender and its trusted network of bad-credit lending professionals, this is not the case: not only is a credit check not necessarily required, but also no collateral is needed. Instead, are trusted lending partners rely on the potential of your current income stream when evaluating your application. They specialize in helping people with a bad credit history; working hard to get them money fast when they need it the most; “24/7.”

Interest Rates for E-Transfer Loans Through Friendly Lender

     Friendly Lender merely offers you the opportunity to connect with a network of professional bad-credit lenders who will issue any loaned money themselves; so we cannot say how much interest may be attached to a loan offer. However, before any money is issued, you will have a chance to review all loan conditions and fees before you accept an offer from a lender. There you will be told how much interest you are expected to pay; and, after reviewing the loan offer you feel that it is unsuitable, you can unquestionably reject it without incurring any cost. So don’t be afraid to see if Friendly Lender can help you today.