Because of heavy expenditure this month, you still have few unpaid bills. These bills must be paid within next two days. You have no money with you and payday is still far away. Do not worry! On the strength of low income loans you possess, lender's finance through low income loans Canada. Financing is hassle free due to no credit check and no faxing of documentary proof.
When you think of borrowing a loan, you realize that you have no assets to pledge against the loan.
Not owning an asset will not be a problem at all! With the help of low income loans Canada, you can get a loan just on the strength of debit card that you possess. Once approved, the money is directly deposited into your bank account. As you are not required to inform lenders the reason for borrowing, you are free to use it to settle pending bills.
Though you are entitled to get anywhere between $100 and $1500 through the loan, actual money you get depends on your immediate financial requirements, pay, and money you can spare to pay back the loan. As payday loans are due next payday, you have 14 to 31 days time for full settlement of the loan.
Availing low income loans Canada is easy because lenders have eliminated credit check, collateral required, and faxing of documents.
If you have problems with your credit rating due to negative factors, you should not worry as no factor is going to hamper your chances of getting the loan. Since the loan is based on your debit card, lenders are not keen on additional security and hence do not ask for collateral.
Lenders do not require any proof of the information you have furnished in your application; hence, they do not ask you to fax any documentary proof. Since only the simple application needs processing, loan approval is fast and lenders are in a position to deposit money to your bank account within few hours.
To apply for the loan, you must use the online facility provided by lenders. Application is simple and calls for only basic details about your income and bank account. The facility can be accessed round the clock to submit a loan application. You need not pay any application fee.