Borrow Up To $1,500

Instant Approval Online Installment Loans in Canada with No Credit Check. How do I get approved?

5-minute application and
no credit check

Excellent

Rob
Rob
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Really easy to use and quick fast with no hassle
Karie
Karie
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Very good customer service. Always friendly and helpful.
Carrie Vedan
Carrie Vedan
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You guys are always there for me when no one else is thank you!!
Ms. Emily A. Angulalik
Ms. Emily A. Angulalik
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Quick and reliable!👍👍👍
Customer
Customer
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Always incredible helpful and reliable when needed. Staff are friendly and effective.
Sharon C
Sharon C
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Focus cash loan is very easy to deal with. They're very quick with response. I cannot say enough good about them.
Happy customer
Happy customer
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Great, fast,service. Always polite if I need to call but every thing can be done online ( which I like)
Customer
Customer
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Fast and efficient customer service, I am a satisfied valued client. Thanks a lot
D. Ackles
D. Ackles
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Great service provided by great people. Always.
Customer
Customer
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Excellent service ... the only drawback is the loan limit, I wish more is provided for good citizens.
Neil
Neil
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They are very professional and helpful and provide excellent customer service.
Nancy
Nancy
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You have always been so easy to deal with. Highly recommended.
Milagros
Milagros
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Fast approval...good customer service...keep up the good work Mike. Keep safe everyone.
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Trusted Lender

Secure Application

Fast Approvals

How To Get Instant Approval Online Payday Loans in Canada with No Credit Check?

1. Apply Online

Easy & Secure application with step by step guidance.

2. Get Approved

Fast loan approval process that only takes minutes.

3. Get Your Money

E-mail Transfer money transfer within 30* minutes after approval.

All Types of Income Accepted to Qualify for Instant Approval Online Payday Loans in Canada with No Credit Check.

Employment Income

Private Disability Insurance

Child Tax Credit Benefits

CPP & Private Pension

Unemployment Insurance

Workers Compensation

Why Get Instant Approval Online Payday Loans in Canada with No Credit Check from Focus Cash Loans?

Trusted Lender Since 2008

For the past 12 years, we have been helping Canadians to meet their short term financial needs.

Apply Online Anytime 24/7

Don't stand in line, apply for a payday loan 24/7 from the convenience of your own home or office.

All Types of Income Accepted

We not only accept employment income, but EI, child tax, private disability, workers comp & pension as well.

No Credit Check Loans

Unlike other lenders, we do not run credit checks. We have personalized approach to every loan application.

Instant Interac e-Transfers

Don't wait days, receive funds within minutes of being approved with the convenience of Interac e-Transfers.

No Hidden Fees Or Charges

100% transparency, when you get a payday loan from us, there are no hidden fees or extra hidden charges.

Online Installment Loans with No Credit Check and Instant Approval in Canada with E-transfer. How to get one?

Getting an installment loan in Canada with bad credit is not that easy as getting an online payday loan from Focus Cash Loans. While payday loan lenders don’t run credit checks, assess assets and liabilities and simply need proof of income deposited into your bank account, installment loan lenders usually run credit checks and base their lending decisions on your credit score in conjunction with your employment history and your current debt liabilities. There are some lenders that pose themselves as installment loan companies and simply misrepresent the actual costs of their loans. They post interest rates at 30% APR, but in fact they charge a hefty brokerage fee on top of that interest. If you borrow $500 from those companies, the brokerage fee might be as high as $250. So, let’s say you borrow $500 that they let you pay back over 90 days; the total payable over 90 days will be $796.98.
Payday Loans vs installment loans.
Payday loans in Canada, unlike installment loans, give the ability to borrowers with no credit, bad credit, and past bankruptcies to qualify for a loan. Your credit will not be pulled when you apply for a payday loan; your debt liabilities will not be assessed. The requirements to get a payday loan are simple and easy to meet. To qualify for an online payday loan, you must be employed or receive one of the following benefits: pension, EI (unemployment insurance) or Worker’s Compensation. An online payday loan application, unlike an installment loan application, is very easy to complete and does not require very detailed information. All you have to provide is your name, telephone number, current address, and income information. After completing the payday loan application form, you will be prompted to verify your banking information digitally. There is no faxing, no emailing and no questions about why you need the money. Unlike the payday loan application, the installment is more detailed and usually requires you to disclose more personal information. Installment loan lenders would like to know your assets and liabilities, your credit history, last 3 years of your employment history as well. In addition, you will have to submit your bank statement to the lender to show your account activity. Installment loan companies usually analyze all that data to decide whether you should qualify for an installment loan. The major difference between payday loan and installment loan application and the approval process is the amount of data that installment loan companies usually collect. It is generally more than what a payday loan company needs to approve someone for a loan. As we mentioned earlier, less than perfect credit history will usually disqualify you from getting an installment loan or reduce that loan amount to the bare minimum.
What is the maximum installment loan amount that one can borrow?
Installment loan amounts usually vary between $500 to $15,000, while payday loan amounts typically vary between $100-1,500. Focus Cash Loans will most likely get you approved for up to 50% of your net pay or $1,500. Payday loan amounts are limited to $1,500 because there are provincial regulations in place that regulate payday loan companies. Regulations limit loan amounts and the interest that payday loan lenders can charge. Installment loan companies are not subject to the same stiff regulations as payday loan companies and often can create their own policies and rules.
How fast can I get my installment loan once I am approved?
The processing times for payday loans are way faster than for installment loans. You can apply for a loan with Focus Cash Loans 24/7, on Weekends (Saturdays & Sundays), have your loan approved during business hours and receive funds via e-mail money transfer the same day your loan is approved. This is why we call our loans the fastest 24/7 online e-transfer payday loans in Canada with no credit check. Getting an installment loan is usually a lengthier process and takes a few business days. Installment loan lenders would ask you to fill out a detailed application form, run a credit check on you, collect information on your debts/liabilities, collect information about your assets and liabilities. With Focus Cash Loans, once you are approved for our online e-transfer payday loan, you will have the funds sent to you via email money transfer within minutes. As long as you have online banking, you can deposit that transfer within seconds right into your bank account. It is like sending virtual cash. However, unlike with bank cheques or sometimes even with wire transfers, the bank might hold the full amount or partial amount of transfer for 5 business days. That makes it very inconvenient. As mentioned earlier, Focus Cash Loans cares about their customers and makes sure that the funds are disbursed via the fastest and convenient way, thus using Interac E-Mail Money Transfer service.
How do I pay back my installment loan?
Both payday loan and installment loan companies will debit your account according to your loan payment schedule. Payday loan companies always have loan payments to come out on the borrower’s payday. It makes it easier for the borrower to repay the loan the same day he gets paid. Always pay attention to your loan contract and make sure to check the dates.