Get The Money You Need Quickly Without Worrying About Your Credit Score
Alpha Loans provides a quick and easy way to get money for unexpected expenses without a credit check.
HOW TO GET YOUR NO CREDIT CHECK LOAN? NO CREDIT CHECK
Fill out the online form
It will only take a few seconds.
We Instantly Verify With The Bank
Not a single paper needs to be sent using IBV technology.
Direct deposit of your funds
Rapid daytime deposits for your immediate cash needs.
Not a Payday Lender: Alpha Loans' 62-Day Term with 29% APR
All of our loans carry a term EXCEEDING 62 days with an APR of 29% interest. Therefore, Alpha Loans is NOT REQUIRED to obtain a lending license to lend in CANADA. Some brokerage fees and admin fees might be added to the instalments. Please read your contract carefully.
WHAT EXACTLY IS A CREDIT CHECK?
A credit check occurs when a business examines your credit history to understand how you handle finances. An alternative term for a credit check is a credit search.
Financial institutions such as banks and building societies conduct credit checks. Potential employers, landlords, utility providers, mobile phone companies, and eviction agencies can all conduct these checks.
A credit check will give them an idea of your financial standing, including any outstanding debts and the amount of available credit. They can also reveal the extent of your monetary ties to others.
Bankruptcies, payment defaults, County Court Judgements (CCJs), and Individual Voluntary Agreements (IVAs) are all examples of legal matters that can be revealed by a credit check (IVAs).
Financial institutions use credit checks to determine if they will extend credit to a potential customer. Loans, credit cards, mortgages, overdrafts, and auto financing all fall into this category.
NO CREDIT CHECK = IBV (INSTANT BANKING VERIFICATION) = NO STRESS
DIRECT DEPOSIT!
No need to worry about your credit history with Alpha Loans. We provide quick, short-term financing options, regardless of your credit history and without compromising your privacy. Get your emergency funds quickly and easily, even with bad credit, for unexpected expenses, bill payments, or late fees.
Likewise, we know it can be a hassle to gather and send your supporting materials. Thanks to IBV technology, you won’t have to worry about it.
It’s crucial to forget the past if you want to progress in the present. Because of this, we will approve in a matter of minutes, regardless of your credit history.
* The simulator example is provided for illustrative purposes only and assumes that the borrowed sums have been repaid in full according to the agreed schedule, without any further withdrawals or cash advances being made before full repayment. The above example includes a weekly membership fee in the amount of $20, which must be paid by the client until the credit is repaid in full.
LOAN CALCULATOR
by payment for approximately 147 days
by payment for approximately 168 days
by payment for approximately 183 days
by payment for approximately 147 days
by payment for approximately 168 days
by payment for approximately 183 days
by payment for approximately 147 days
by payment for approximately 168 days
by payment for approximately 183 days
by payment for approximately 147 days
by payment for approximately 168 days
by payment for approximately 183 days
WHY CHOOSE ALPHA LOANS?
NO WAITING FOR LOAN CLEARANCE
Quickly and safely apply for a loan online today. There is no need for any paperwork. Get approved immediately and get your e-transfer in as little as 2 minutes.
WE’RE COMPLETELY COMPLIANT
We are a licensed loan company in Canada, so you can rest assured that we will always follow the rules and regulations set forth by the provinces where our loans are provided.
FORGET ABOUT ALL THE PAPERWORK
You can apply immediately without leaving your house or wasting time waiting in line. Quick cash is just a click away with one of our paperless, flexible, and convenient loans.
REPAYMENT IS FLEXIBLE
You can pay off your loan in multiple installments at the same interest rate. It’s just one more step we take to guarantee your satisfaction with the loan.
QUICK LOANS BETWEEN 250$ AND 1250$ AVAILABLE AT ALL TIMES!
FAQ
Can I get a loan in Canada?
Absolutely! Here at Alpha Loans, we understand that life throws unexpected financial curveballs at the worst possible times, which is why we offer convenient online loans. It doesn’t matter if you’re out of town or at home taking care of a sick child; you can get the money you need in a matter of minutes.
You can trust that you’re getting the best possible deal because of our prompt and dependable service and the absence of additional fees. Our online loan application process only takes a few minutes of your time. The rest of your day will proceed smoothly that way.
What credit history do I need when applying for a loan?
You might assume a high credit score is necessary to qualify for a loan, but this is only sometimes the case.
For instance, a low credit score will ensure you get a loan from Alpha Loans. We are sensitive to the fact that life is unpredictable and that bad things can happen to good people, even if they have good credit. Therefore, we look more at your current ability to repay the loan than at your credit history.
How many times can I apply for a loan?
You are limited to applying for a single loan at a time. Legitimate loan companies like Alpha Loans will adhere to these rules because they protect borrowers from getting deeper into debt.
Be wary of any lender who gives you a second loan. Lender preys on those needing financial aid and may be exploitative of your emergency.
Before applying for a loan, you should investigate the lender to ensure they are legitimate and in compliance with all laws and standards in the province in which they operate.
Where can I get a loan quickly and easily online in canada?
Alpha Loans is the most convenient place online to get a loan. Our reputation as a reliable Canadian lender means you can rest assured that applying for and receiving one of our is a simple and stress-free process.
You can still apply and get funded with us even if you have a poor credit history or regular employment income. It’s just one more way we go out of our way to ensure Canadians from all walks of life can get the money they need when they need it.
What is the annual rate?
We work with the best financial institutions to offer you an annual interest rate of 23.99%.
Do you have an example of loans and payments?
Of course, if you need a withdrawal from your $750 facility, our team will ensure that the money is deposited directly into your account before the end of the day. Once you have received your loan, you will be able to pay it back in 10 payments of $120.
This information is given for example purposes only and assumes that the withdrawal made is repaid in full according to the agreed upon amortization schedule, without any new withdrawals or re-borrowing being made before the full repayment.
The above example considers a weekly membership fee of $20, which must be paid by the client as long as there is a balance owing on the credit facility.
The amount of the membership fees is subject to change at any time and Instant Loan reserves the right to modify the fees, their allocation, calculation and the terms and conditions of any new facility granted.
The above example does not include any administration fees, deferral fees, fees for drawdowns refused by your financial institution, re-borrowing fees, maintenance fees or other fees that may be imposed in connection with the occurrence of a default or your management and use of your facility.
What happens if I default my payment?
Your pre-authorized payment has bounced back. In this case, you will be charged a $60 fee. Your financial institution may also charge you an “NSF” fee. It’s always best to make sure you have the necessary funds in place before your withdrawal date to avoid these fees.
Are there any conditions?
There are still some details you need to know.
Do loans renew automatically?
The renewal of the loan is not automatic. It will be done after the client has made the application and it has been approved by our company.
What is an amortization schedule?
Any initial drawdown on your facility will be amortized over a schedule of equal and consecutive payments allowing full repayment of amounts due over periods ranging from three to six months.
If you need to borrow more money from your credit facility, it will be added to the principal balance that you already owe. A new repayment schedule will be created to spread out the payments over a set period of time. This will also apply to any future borrowing.
What about credit ratings and collections?
Don’t worry. If an incident happens and you can’t make a payment on time, our team will make sure to find a solution with you. However, we abide by Canadian lending standards and regulations. We are therefore obligated to demand full payment of all amounts, interest and other costs incurred if there is a default on an amended contract. Also, if we have any legal fees due to a default on your amended agreement, we will claim those fees and you will have to reimburse us for them. If, for any reason, we cannot agree to repay your loan, we will have no choice but to assign your file to a collection agency, which could affect your credit rating. It is therefore in your best interest to pay your payments on time.
What is a payday loan?
A payday loan is a short-term borrowing option for people who don’t have any savings. The lender will extend credit based on your income and it usually totals a portion of your next paycheck. Pay day loan may be useful in an emergency situation or when you are in temporary financial difficulty (i.e., if you need to cover unexpected expenses or sudden unemployment).
Alpha loans work with the best financial institution to provide a custom solution for everyone. APR range from 14.99% to 29.99%, not including fees. Fees can vary.