Moneysmart.com provides small, hassle free loans at all times of the day and night. Unlike many other lenders in Canada our service is 100% online with no faxing, no waiting and can be done all from your mobile. Submitting the application is easy to pay out your loan.
Payday Loan FAQ:
Q. What service does Moneysmart.com provide?
Moneysmart.com provides Canadians with short-term, low-value loans. These loans are not intended to provide a long-term financial solution. Rather, they are intended to solve urgent but temporary cash-flow needs.
Q. How do I apply for a Moneysmart.com payday loan?
First thing you need to do is fill out the application and then send it to us. The entire application takes about 3 minutes to complete. Most people will receive approval right away. The approval is then transferred to the lender and you'll get the specifics about your loan. The transfer to your bank account usually takes about an hour or less and it's rare for the process to take 24 hours.
Q. How much can I borrow?
Loans range for $100-$1,500.The lends will decide how much that you qualify for based upon the application that you send.
Q. What if I have bad credit?
While lenders do not do credit checks, we do use an advanced and quick reference system to assess your credit when reviewing your application. That said, you will not necessarily be denied if you have poor credit. Credit is just one of many factors lenders consider.
Q. What do I need in order to get a Moneysmart.com payday loan?
To get a GoDay loan, you must:
1. be a Canadian resident over the age of 18
2. You must be a legal resident or a citizen of Canada
3. Part time work is fine but you need ot be employed to qualify
4. To get the loan you need to have a bank account
Q. Do I need a bank account to get a Moneysmart.com payday loan?
Yes. To take out a payday loan with Moneysmart.com, you must have an open bank account with a Canadian bank or credit union so we have somewhere to deposit your funds!
Q. How do I repay my loan?
This is simple. The lender; when you apply, they ask you for your bank account details so we may determine what days you are paid. We then arrange with you to direct debit the repayment amounts in line with your salary date or other source of income, making it entirely hassle-free to repay your loan. All direct debits must come out of the same account in which you receive your salary or primary source of income.
Q. Do I need to pay an application fee?
There's no application fee required on this site. You have no obligations until you actually sign the loan offer given to you.
You need to read the loan offer and agree to it before you sign.
Q. How do I apply?
Easy! Click the APPLY NOW button and follow the simple application through to completion. If approved, you could see your funds in as little as an hour.