Friendly Lender

Short Term Loans in Canada

Short Term Loans

In Canada, requesting short-term loans is straightforward. After you’ve completed our form, it will go through a screening process before being sent. You’ll then receive a response from one of our direct lenders to discover whether your application has been accepted. It only takes a few minutes to fill out the form, so get started right away.

When applying for a short-term loan, make sure you fill out the application completely and correctly. Any mistakes on your form may slow down the processing and make receiving approval more difficult. If you need money right away, this may assist you. Online loans are generally quicker to apply for than traditional bank loans if you need money for an emergency. Many borrowers search for short-term loans online because the lenders we work with sometimes grant approval in minutes, which is one of the reasons why many individuals seek out online short-term loan options. There’s also no need to stand in line and wait your turn to submit a form.

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*Does Not Affect Your Credit Score

Who is Eligible?

A Canadian Resident
A Canadian Resident

You must be a legally recognized Canadian citizen or resident

18+ Years of Age
18+ Years of Age

You must be able to present legal proof that you are at least 18 years of age

Stable Income
Stable Income

Must have a steady source of income 

Valid Bank Account
Valid Bank Account

Applicant must have an active bank account

What is a Short Term Loan?

Short-term loans are a type of payday loan that can be used by consumers to get some extra funds between paycheques. Online payday loans must be paid back within a few days, or weeks. Typically these loans should be repaid on or before your next paycheque. The loan’s term will be specified in the contract that you receive when your request is accepted by your lender, and these loans are available with varying terms per lender. Before you sign, be sure to read your contract thoroughly and seek any clarification you might have.

Why Choose a Short Term Personal Loans?

We at Friendly Lender work hard to enhance your chances of being accepted for a short-term loan. These are generally small loans for your immediate financial needs. If you submit your request with a store-front lender, it’s possible that it will be denied, leaving you stranded and disappointed. However, because we interact with numerous lenders and place your request in front of many of them rather than only working with one, you have a good chance of receiving approval even if you have bad credit or a poor

You may complete your application for a loan through our website, thanks to the cutting-edge online form that is available there. If you have a smartphone in your pocket, you don’t need to go anywhere else. Our form works on any platform, using a device you already own.

Applying for an Online Loan is easy as 1-2-3

How it Works

Fill out an online application
Easily fill out an e-transfer loan application, with no credit check required
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Get an immediate decision
Receive an immediate decision from one of the many lenders we work with, "24/7"
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Receive your money
Your funds are deposited directly into your bank account; usually within a day.

Can I Get a Short Term Loan With Bad Credit?

Are you in need of a short-term loan? Do you have bad credit? Don’t be concerned about your credit history.

Lenders will usually perform some sort of soft credit check, but because the lenders we work with are capable of performing a non-traditional credit check, it is unlikely to have an effect on your credit score. There are numerous sorts of credit checks available, and each lender performs some form of a check. Even if all they do is confirm your employment, this is considered a kind of credit check. Because payday lenders operate with smaller amounts of money, it’s conceivable for them to check your present ability to repay the loan without depending entirely on your prior lending or credit history.

If you want a better chance of getting a fast approval for your requested unsecured loans, be sure that you fill out the form completely and do so during regular business hours. Also, make sure you only borrow money for an amount that you will be able to pay back in the timeframe specified in your agreement.

Please also make sure that you look at the reason why you’re considering applying for bad credit loans through Friendly Lender. These loans are not intended to be a panacea for all of your financial problems. Some of the most common reasons that individuals apply for these sorts of loans are: avoiding late payment penalties on their bill or rent, and last-minute emergency expenditures such as an automobile repair or medical expense. If you find yourself in one of those situations, you might wish to apply for a loan from Friendly Lenders and the other direct lenders we work with. Before you sign your contract, double-check the fine print to ensure that there are no hidden costs or terms.

We believe that everyone has the right to request a short-term loan online, regardless of their credit history. You deserve the same opportunity to apply for a short-term loan as someone with good credit does. This is why our company was established to provide more chances for individuals like you, so don’t be discouraged if you have bad credit. To obtain the funds you require, apply for a loan through one of Friendly Lender’s direct lenders.

Can I Get a Short Term Loan With No Credit Check?

Some other lending companies claim to offer “no credit check loans.” This isn’t true. Every loan comes with at least some sort of credit check.

Whether your credit history is affected by a hard credit check or a non-traditional or “soft” credit check, you will have to undergo at least some sort of credit verification.

Even if you have bad credit, no collateral is required for a short-term loan that does not require a credit check. Even with terrible credit or no credit, you may be able to get a short-term loan without collateral. There are a number of loans to choose from, ranging from short-term to long-term repayment alternatives.

Friendly Lender makes every attempt to assist you in obtaining the loan product that best meets your demands. Consider applying for a loan through Friendly Lender’s direct lenders and filling out our form to apply for a loan right now!

What You Can Use Your No-Credit-Check, No-Collateral E-Transfer Loan For

Vacations
Vacations

Need a vacation but are low on funds? Get up to $1,000 fast, and pack up for your next getaway.

Vehicle Repairs
Vehicle Repairs

Get the money you need, fast, to pay for vehicle repairs, with no hassle.

Upcoming Bills
Upcoming Bills

Worried about paying for rent; are your bills pilling up? Get the money you need, fast, at reasonable rates that are easy to afford.

House Repairs
House Repairs

Whether the issue is, plumbing; electrical… it doesn’t matter; we are here to help you secure a loan so you can pay for the repairs your house needs, hassle-free.

Loan Details

Click here to learn about all our loans, and see which one is right for you.

Commonly Used For:

Bill Payments

Vehicle Repairs

Medical Expenses

Have questions? We can help.

As long as you are 18 years of age or above, legally reside in Canada and have a steady stream of income, you will be able to qualify for our online loan services.

Other requirements by a majority of lenders are that you have an active bank account and take in at least $800 in monthly payments. You will also need a valid email address and working phone number where you can be reached.

The Friendly Lender network of lenders has some of the most competitive fees in the industry.

Short-term loans tend to be more costly than traditional bank loans and are mainly intended for short-term needs. Please be sure to review all terms and conditions, including the repayment terms of your loan within your consumer loan agreement before accepting a short-term loan.

The information required in order to complete a request for an online loan includes your name, address, contact details, employment information, and banking details. SIN is not required, but opting to include it with your information may increase your options for the amount of online lenders available to you.

Have more questions?

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We helped thousands of people in Alberta access cash quickly, and securely;
are you ready to get started?

Apply for a practically guaranteed, no-credit-check, no-collateral loan now!