Menu
Welcome to our FAQs section! Here, you will find answers to some of the most common questions we receive from our users.
The lenders we partner with offer payday and personal loans ranging from $300 to $5,000. The amount you qualify for is determined by the lender based on the information provided in your application.
At Crediteck.ca, we do not perform credit checks or require documents to connect you with a lender in our network. Many of our lenders also do not perform credit checks. Instead, they use advanced instant bank verification technology to securely confirm your application details.
Once you sign your loan agreement with a lender, funds are typically sent via e-transfer or direct deposit into your account within 24 hours or less.
Applying on our website is free of charge. Any fees related to your loan will be detailed in your loan agreement with the lender.
There are no restrictions on how you can use your personal or payday loan. Common uses include paying bills, covering emergency expenses, funding vacations, and supporting large purchases.
After applying online, multiple lenders instantly review your application. If a lender wants to work with you, you will be redirected to their website.
The information required in order to complete a request for an online loan includes your name, address, contact details, employment information, and banking details. SIN is not required, but opting to include it with your information may increase your options for the amount of online lenders available to you.
If you are not matched with a lender after applying on our website, it means that none of the lenders in our network can offer you a loan based on your application details. Please double-check your application to ensure all fields are filled out correctly.
© 2024 Crediteck.ca. All rights reserved.
Disclaimer: Crediteck is an independent loan search and financial services comparison platform. Crediteck may receive compensation from the offers shown on its website or the providers you may be matched with after you submit an application. Our intention is to provide you with the best tools, content, products and services to help you reach your financial goals. Crediteck’s services and resources are free to use and we do not charge consumers for any of our services. We aim to provide applicants with impartial and accurate information so that they can make the best financial decisions.
Loans range from $100-$5,000 with terms from 4 months to 24 Months or longer. APRs range from 29.99% to 46.96% and will depend on our partner’s assessment of your credit profile. For example, on a $1,000 loan paid monthly over 12 months at 29.99% APR, a person will pay $125.09 per month for a total of $1,501.08 over the course of the entire loan period. In the event of a missed payment an insufficient funds fee of around $45 may be charged (dependent on the lender).
* You acknowledge that by completing and submitting the website application you are applying for a Loan. Crediteck.ca does not perform any credit checks as part of the process of connecting you to a lender. Once connected to a lender they may, at their discretion, perform credit verification through national databases in order to determine your eligibility and ability to repay. Simply having bad credit is often not a disqualifying factor in the loan approval process.