Online Loans Canada
Are you currently facing financial challenges? Perhaps you need to pay urgent or unforeseen bills to avoid more severe consequences.
Send Me Cash Now provides a short-term solution for your financial struggles. You can apply through our site to access funds that will enable you to pay your bills on time.
Why Choose an Online Loan?
Online loans provide cash much more quickly than traditional loans, which often take up to two weeks to process. Send Me Cash Now offers short-term financing that can be in your account within 24 hours.
The company began over 12 years ago and has since developed methods that allow us to process loan applications in record time. We hold to the following values in all our transactions:
- Fast service;
- Transparent communication;
- Consideration for our customers.
Traditional lenders require credit checks that can make it difficult for some people to obtain financing. Online Loans Canada doesn’t depend on your credit score. Instead, we evaluate your current earnings to determine whether you can pay back the amount borrowed.
Based in Quebec, Send Me Cash Now is recognized throughout Canada. You can count on us to provide secure loan solutions. We only work with lenders who follow Consumer Protection Bureau standards.
We have several options available to meet your urgent cash needs. The descriptions below can help you choose the right one for you.
Express Online Cash Advance
If you need funds more quickly than a bank loan can provide them, our express online cash advance could be the right solution for you. Amounts range from $300 to $3,000.
When you send your application through our site, brokers respond immediately. You can receive your funds within 45 minutes of signing the loan agreement.
Payday Loans
Payday loans are short-term funding solutions that enable you to overcome financial emergencies. Maybe you need urgent vehicle repairs or have an overdue bill to pay. You can borrow the amount, which is then due on the date of your next paycheque.
No Credit Check Loans
Banking institutions require a credit check that can take a few weeks. They typically reject applicants with credit scores below 500. If your rating is too low, it’s almost impossible to get a traditional loan.
Online Loans Canada from Send Me Cash Now includes short-term loans with no credit check. Instead of depending on a credit score, we analyze your current pay to decide whether you can repay the amount you’re requesting. You can borrow up to $3,000.
Debt Consolidation Loans
Sometimes multiple loans, bills, and credit card payments accumulate to the point that it’s overwhelming. When you can’t stay on top of all the charges, debt consolidation could be the solution for you.
This strategy involves combining all your debts into a single loan. In this way, you can reduce interest rates to save money overall. You’ll also have just one payment to worry about.
When you apply for debt consolidation, our analysts study your situation. They consider your assets, salary, credit history, and the loan amount you’re requesting to decide whether to approve your application.
How to Apply for an Online Loan with Send Me Cash Now
Our loan applications are entirely internet-based. First, you’ll access the online form and input your personal information and data regarding your employment. We’ll contact you within a few hours.
For many of our loans, you’ll also need to submit documentation, including:
- Proof of your social insurance number;
- Your last two pay stubs;
- Bank statements from the past three months;
- Two pieces of photo ID;
- Proof of address, such as a hydro or telephone bil;l
- A voided cheque.
We enable you to get a loan online as soon as possible. We’ve streamlined our processes to allow us to evaluate your request and send the funds to your account within 24 hours.
As soon as we verify and approve your documents, we’ll notify you that the loan agreement is available for signing. You may even receive financing the same day you apply.
Are There Additional Requirements for Online Loans?
As mentioned above, most of our loans don’t require a credit check. However, you must meet the following criteria:
- Hold a chequing account that has been open for at least 90 days without many NSF (non-sufficient funds) payments;
- Receive your pay by direct deposit;
- Have a full-time job at which you’ve worked for three months or longer;
- Not be in a situation of bankruptcy;
- Live at your current address for the last six months;
- Not be subject to wage garnishment.
If you previously made a consumer proposal or declared bankruptcy, you must be released.
Fees and Repayment Options
Online Loans Canada from Send Me Cash Now includes a weekly financing fee representing interest plus brokerage fees. You’ll owe $12 per $100 of capital borrowed.
You can choose from these repayment options:
- Just the minimum financing fees: You’ll make a weekly payment of $60 or more on your payday. That’s $120 every two weeks if you get paid biweekly.
- Financing fees plus part of the capital: In addition to minimum fees, you pay a part of the principal owed.
- Payment in full: You pay your weekly fees plus the whole principal amount. Since you no longer owe anything, your account will be closed.
What Happens with Missed Payments
If an emergency comes up that makes it impossible to pay on time, you must contact us at least 48 hours in advance. You’ll incur a $40 fee, and the missed payment will be due at the end of the loan.
Tips for Managing Short-Term Loans
Online Loans Canada can help you get through a complicated financial situation. However, they’re meant to be temporary solutions.
Applying for multiple short-term loans at the same time can put you in a desperate financial position in which you owe excessive amounts of interest and fees. Avoid the dangers of over-indebtedness by borrowing only what you can pay back in a short period.
In Closing
Online Loans Canada from Send Me Cash Now support people who can’t get traditional financing for a crisis. Even with bad credit, you can qualify if you have a full-time job and a chequing account that’s been open for at least the last 90 days.
You can find a loan online to supply an immediate financial need. Options include the express cash advance, payday loan, no credit check loan and debt consolidation loan. Use caution when applying for short-term financing so as not to commit to more than you can repay.
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