E-Transfer Payday Loans
If you are looking for an E-Transfer Payday Loan in Canada, you have come to the right place. Focus Financial has been the trusted provider of E-Transfer Payday Loans in Canada since 2008. There are a lot of lenders out there that promise instant payday loans that are deposited into your bank account, but they don't offer E-Transfers. The main difference between an E-Transfer and an EFT (electronic funds transfer) deposit is that the EFT deposit usually takes at least 24 hours to process, so if you deal with a lender that does not use the E-Transfers, you most likely receive your funds the next business day you get approved for a loan.
The other main difference between Focus Financial’ E-Transfer Payday Loans is that we offer completely faxless loan application approval process. Forget printing, scanning and emailing documents – we do not require that to get your loan approved. Since we have been in payday loan business since 2008, we have the technological process to receive and process your loan application in the most efficient and timely manner.
At Focus Financial we understand the reason why you apply for a payday loan – you need the money ASAP. That is why we have utilized the technology of E-Transfers. We offer easy 24/7 online application process that only takes minutes to complete. All you need to do is to answer a few simple questions. We do not ask you to fill out an application form that is 10 pages long like some banks do. We do not require any collateral or guarantors. As long as you receive qualified income, has a good bank account history and have a phone number and an address where we can reach you at, you are pre-approved for a loan with Focus Financial.
Our customer service agents are on stand by to help you with the application process and getting you the E-Transfer Payday Loan the same day (if you apply during our business hours) you apply with us. We have a personalized approach to every loan application that we receive and don’t look at your credit score as we understand that credit difficulties might happen once in a while. We simply asses your application on your ability to pay back the loan on your payday. This is the difference between us and a big bank that purely evaluates your credit application based on your past trades and your credit score.
What are the most important things to keep in mind when applying for the E-Transfer Payday Loan?
Make sure that you have registered for online banking with your bank, so you can deposit the E-Transfer once you receive it. If you have any problems registering for online banking with your bank, please give them a call. Also, make sure that you provide the most accurate information in your application form. That will increase the chances of you getting approved.
How do I apply for the E-Transfer Payday Loan?
To apply for the E-Transfer Payday Loan, you simply need to fill out our online loan application form. Once you complete the application form, you will be prompted to verify your bank account. Once the verification has been completed, you will get a conformation message. Now simply wait for your loan application to be processed by our customer service agents.
How long does it take to receive the E-Transfer Payday Loan?
It takes approximately 30 minutes to receive the E-Transfer Payday Loan once your loan application has been approved. To expedite the approval process, please ensure that you provide us with the most accurate and up to date information in your application form.
What is the maximum E-Transfer Payday Loan amount I can get?
First time customers can apply and get approved for up to $500 for their first time E-Transfer Payday Loan. Repeat customers can borrow up to $1,500. $1,500 is the maximum E-Transfer Payday Loan amount that has been set up by provincial regulators.
What are the requirements to qualify for E-Transfer Payday Loan?
To qualify for E-Transfer Payday Loan in Canada, you must receive income from the following sources: employment, CPP, EI, Private Pension, Private Disability or Worker's Compensation. Your monthly income should be a minimum of $1,200 per month. You must have a chequing account where your income is deposited, a phone number that we can reach you at and a permanent place of residence.