Installment Loans with No Refusal in Canada
Have you ever made it to payday only to find extra bills you didn’t expect? At Cash Depot, our installment loans with no refusal in Canada are the easiest way to get rid of unexpected expenses. Apply online and get approval within minutes — with no credit check required and no personal information shared with credit bureaus.
Why Choose Cash Depot for Installment Loans?
If you have a bad credit score or no credit at all, Cash Depot has got you covered. We are a private lender offering loans with no credit check required, easily and quickly. We have over 12 years of experience helping Canadians get the instant financial support they need.
No Refusal for Every Situation
You can’t always afford to wait 15 days for a bank to process your application. Browse a range of loan options for every situation — whether you’re looking for online installment loans or any other no credit check loan, Cash Depot has a solution for your needs.
What Are Installment Loans in Canada?
Installment loans are a type of cash advance that you pay back in regular installments over a specific period. All options feature clear and affordable repayment conditions. You can request any amount from $300 to $1,500. Our installment loans are short-term — designed for fast relief and not meant as long-term solutions.
Do You Need a Loan?
What Is the Application Process?
Our installment loans offer instant support thanks to a straightforward application process. Sometimes you need a loan immediately and don’t have time for lengthy procedures at a financial institution.
Step 1 — Qualification
At Cash Depot, we only look at your current income — no credit checks. Requirements: valid checking account for 3+ months, full-time job for 6+ months, same address for 6+ months, income by cheque or direct deposit, no bankruptcy or wage garnishments. You can speed up screening by verifying your stable salary, minimal missed payments, and existing financial commitments.
Step 2 — Easy Online Application
Once qualified, complete our online application form with your personal details and employment information. Then fax the required documents: two ID photos & SIN proof, proof of address, two most recent pay stubs, a specimen check, and bank statement covering the last 90 days.
Step 3 — Receive Your Payment
Applications submitted before 11:00 am Eastern Time will pay out within the day. Even if you apply later, you’ll still receive your funds within 24 hours. Funds are deposited directly into your active bank account via e-transfer.
What Types of Loans Are Available?
While all our installment loans help you get out of a tough spot, we offer different types for specific situations:
- Personal Loan Without Refusal — For surprise bills you must pay immediately (medical, utilities). Up to $1,500 within 24 hours, guaranteed no-refusal.
- Loan Without Credit Checks — We only need proof of steady income and employment — no credit history review needed.
- Quick Money Loans — Limited documents, same-day option if applied before 11:00 am ET on business days.
- Payday Loans — Cash boost for monthly expenses; first repayment due on your next payday.
- Bad Credit Loans — Credit score is never a barrier. Anyone can get financial assistance regardless of repayment history.
- Short-Term Loans — Three customizable repayment options for quick, affordable cash relief.
- Debt Consolidation — Combines multiple debts and credit cards into one manageable monthly amount.
- Cash Advance — Employment details + a few documents → up to $1,500 paid out in hours.
Repayment Conditions for Installment Loans
Our loan fees are set at $12 per $100 per week. We offer three repayment options:
- Pay the minimum repayment each payday with weekly interest
- Pay the minimum repayment each payday, with an added sum to decrease the overall amount
- Pay back the total loan amount with the minimum fees
If you can’t make a repayment, contact our collection agents within 48 hours. They can reschedule the payment to the end of the contract. A $40 fee applies if your bank refuses a repayment due to insufficient funds — this will not affect your credit score.
Frequently Asked Questions
Can I apply with bad credit?
Yes. Private lenders like Cash Depot specialise in offering loans to individuals with bad credit, giving them financial relief when nobody else would.
Will I have to provide collateral?
No. Since we only provide unsecured loans, you will never have to provide any collateral. We only rely on your capacity to repay.
What is the difference between installment loans and payday loans?
A payday loan is due in full on your next payday. An installment loan is repaid over time with regular monthly payments, typically in larger amounts, longer terms, and lower interest rates.
