Emergency Loans Ontario
If you need money quickly, the team at Cash Depot can help. We offer a variety of emergency loans in Ontario, including cash advances, payday loans, bad credit loans, and no credit check loans.
Why Choose Cash Depot?
At Cash Depot, we understand that it can be challenging to pay bills on time, especially when your source of income is limited. That’s why we are committed to providing the financial assistance you need. We guarantee that all compliant applications will be instantly approved, and you won’t have to worry about upfront fees.
We only work with providers who meet the standards set by Consumer Protection Ontario. So you can rest assured that all our loans are 100 percent guaranteed and secured. What’s more, if you want to improve your credit or consolidate your debts, the team at Cash Depot offers reliable broker services tailored to your needs.
Do you want information about our personal loan services? Do you need to apply for a short-term loan today? Don’t hesitate to contact us.
Our Emergency Loans in Ontario
If you need money to cover an urgent or unexpected expense, turn to Cash Depot for a short-term loan that has no upfront costs and doesn’t require a credit check. The emergency loans in Ontario that we offer include:
A cash advance is a short-term loan that can be used to pay bills, late fees, unexpected expenses, and more. At Cash Depot, we offer cash advances ranging from $300 to $3,000 and give you up to two years to repay the loan. Keep in mind, however, that this type of loan shouldn’t be considered a long-term solution to financial instability.
An online payday loan is an advance on your salary that you must repay once you receive your next paycheck. To qualify for this loan, you need to have a checking account for at least three months. You also have to live in the same place and have a full-time job for at least six months.
Emergency Loan With Bad Credit
A bad credit loan allows you to receive the funds you need if you have a low credit rating. Whereas a bank might reject your application based on your “high-risk” profile, Cash Depot offers short-term loans regardless of your credit rating. This way you can pay your bills on time and avoid penalties.
No Credit Check Loans
A no credit check loan allows you to receive money quickly to cover urgent expenses without the risk of lowering your credit rating. Rather than perform a credit check (which would appear on your credit report for two years), Cash Depot provides this type of loan based on your current income. The only requirement is that you meet our eligibility criteria.
How to Apply for an Emergency Loan in Ontario
At Cash Depot, we make it easy for you to receive the funds you need in your bank account when you need them. Our online loan application process is simple. Fill out our online form and submit the following documents:
- Two pieces of photo ID;
- Your bank statements from the last three months;
- Your last two pay stubs;
- A copy of your social insurance card or a T4;
- A void cheque or pre-authorized debit form;
- Proof of residence (utility bill, phone bill, etc.).
Alternatively, if you choose to apply for a loan through the instant bank verification (IBV) process, you won’t be required to provide any documents.
If your online application is complete and meets our criteria, you’ll be sent a contract within 24 hours and the requested funds will be deposited into your account.
What happens if you miss a monthly payment?
At Cash Depot, we offer an interest rate of 18%, and you have up to six months to repay an installment loan. Generally, your payments will be due on a weekly basis. If you have insufficient funds to make the payment, you’ll be charged $40. This missed payment fee will be deferred at the end of your contract.
If you need to delay payment because of an emergency, simply give us a call at least 48 hours before the payment is due. This delay will also incur a $40 fee to be paid at the end of your contract. However, neither of these situations will affect your credit score within our company. Also, we won’t send your file to a credit agency.
Obtain an Emergency Loans in Ontario Through Cash Depot
At Cash Depot, our mission is to help people overcome their debts. From emergency loans, payday loans in Ontario, to credit improvement and debt consolidation services, our team is committed to providing Ontario clients simple and reliable financial assistance. Contact us today for more information.