Online Payday Loans in Edmonton
There are always instances when something unexpected arises, and we need to get extra cash input to solve that situation. More so, if you’re on payroll and well past paycheck, you might want to ask for money from friends or family.
This option does not always work. If you head over to banks and financial institutions, you’ll be met with strict requirements. So what do you do? You apply for online payday loans in Edmonton.
What Are Online Payday Loans in Edmonton?
Looking for payday loans in Alberta? If you live in Edmonton, these loans can help solve your money problems, and in no time, Cash Depot will get the money needed. We offer loans from $300 to $3000!
No matter the time of the day, our website is open, and our staff is available 24/7. We approve online loans in a matter of hours, so don’t worry if you need quick funds right away. Furthermore, we do not ask for hidden charges or fees.
If you decide that you would greatly benefit from the help of our instant bad credit loan solutions, you should only borrow the minimum loan amount you need. Borrowing the maximum amount increases your chances of taking out more than you can afford. Failing to repay your entire loan by your next payday can result in you paying penalty fees. In addition, you can get yourself further into debt, making your financial situation even worse.
A simple solution for financial emergencies
When the living costs rise, and prices of everyday products such as food shoot, a little help from payday loans would suffice. Being the capital of Alberta, Edmonton has a busy lifestyle, and most people prefer quicker ways of accessing money, especially during emergencies. You may visit a bank and ask for a loan, but the process is so tedious, you are likely to give up along the way even more if they ask for a credit score.
Cash Depot is a one-stop payday loan online lender with an excellent reputation all over Edmonton. We offer loan services and emergency cash to those who really need them to cover unexpected expenses. Our processes are simple, and lenders do not have to produce pages of documents to access personal loans.
How To Apply for Payday Loans In Edmonton?
Applying for a loan for bad credit with Cash Depot is quick, and we guarantee exceptional customer service. When you require fast cash to resolve a short-term emergency, we know that waiting isn’t an option, so that’s why we’ve made the online payday loan application process simple. In 2 easy steps, you can receive up to $3,000 within 60 minutes!
Criteria to apply for this type of loan:
- Must have an active bank account open for at least 3 months
- have a full time job and steady employment income for at least 6 months
- Be living at the same address for at least 6 months
- Receive your pay by cheque or direct deposit
- not be in bankruptcy
If you meet the criteria above, your application will most likely be approved, and you’ll be able to work your way back to financial stability.
Provide us the requested information and documents
To get financial help from Cash Depot, head over to our website and fill out an application form online. You will need to provide personal details like employment status, banking details, and paycheck details. Once you hand these over, we will give you a response within minutes and let you know if you are approved for payday loans in Edmonton.
After completing the online form, you’ll need to fax us a few documents to confirm your identity and proof of your employment status. Documents you will need to submit with your online application include
- Two photo IDs (driver’s license, passport)
- Proof of your Social Insurance Number (SIN)
- Proof of address (rental lease, utility bill)
- 2 most recent pay stubs (proof of income)
- Void Check / Pre-authorized debit form
- Bank statements from the last 3 months
Once we have received everything, we will analyze your file and get back to you if anything is missing. If your E-transfer payday loan application is approved, we will send you a loan agreement before proceeding with the transfer.
Sign the agreement we will send you if approved
If successful, the team at Cash Depot will take you through the following process and inform you how much you can access. We’ll then deposit the money into your bank account using Interac E-transfer. Our team will also provide documents with payment dates, terms and conditions, and any other relevant information once you review the documents, sign, and send them back to Cash Depot so that you get your funds as soon as possible.
Receive the Cash within 24 hours
We’ll deliver your money within 24 hours of approval, depending on the business day and business hours. If you submit your no credit check loans application before 11 AM during business working hours, we can process your file and transfer the funds before the end of the day. If you submit your application any other time, you’ll receive the money by the next day.
Once you receive your loan, ensure you take note of the repayment schedule to avoid penalties if you fail to pay. If you have any issues in the process, don’t hesitate to contact any of our support staff, and they’ll be happy to assist.
Why Choose Cash Depot?
Cash Depot has been a financial payday lender in Canada for years, and we believe in helping citizens get a better living. We have served thousands of customers across Edmonton with a high rate of repeat clients. Clients fear payday loan lenders because they are not trustworthy and at most times have tight repayment dates and high rates.
We understand this problem, and part of the reason we decided to give quick cash loans was to shake off the bad lenders. Our payday loan services are swift, and we guarantee a smooth application and payment process. We are the top lender in Edmonton because:
- We are a trusted and licensed lender in Canada
- We have quick turnarounds
- High approval rates
- Easy loan application process
- Little documentation required
- Soft credit checks
- Instant approval loans
As you can see, Cash Depot is the way to go to get instant cash. We understand Edmonton and all the financial issues that may arise. We’re also aware that there are mediocre lenders with exaggerated rates. So, if you need the best lender with accessible instant payday loans in Edmonton, we are here for you.
Do I need to provide a credit check when applying for online payday loans?
When you submit an application for online payday loans in Edmonton, you won’t have to provide proof of your credit history. We don’t use your past financial history to determine your eligibility for fast cash. At Cash Depot, we don’t communicate with credit bureaus, and we won’t notify them that you have applied for short term loans. If you’re receiving a steady income, your chances of being approved are high.
Do I need to provide collateral?
All our short term instant loans are 100% unsecured, meaning you won’t have to put up your assets when you submit your online application form. So you can rest assured that if ever you are unable to repay your loan, we won’t repossess your home or your car.