Loan companies online for bad credit: instant decision
Today most of the fast money and bad credit loan online applications are made via the internet. Convenient, secure and confidential, applying for a bad credit loan online via https://citrusnorth.com/ provides an extremely rapid response and cash advance. But what is the procedure to follow?
Check the criteria for obtaining the loan
Before applying for a loan online, it is essential to verify that you meet the criteria for obtaining the loan. Generally speaking, organizations that provide quick cash loans and personal loans accept borrowers:
- Collecting at least $ 1,200 monthly
- Full-time position for at least six months
- Paid by direct deposit or check
- Having the status of employee or self-employed
- Beneficiaries of CSST, disability insurance or annuity plans
- On maternity or parental leave
- Residing at the same address for at least six months
- Whose check account has been open for less than three months
They generally refuse people:
- Unemployed or unemployed
- Having declared bankruptcy
- In the process of voluntary deposit
- Being the subject of a wage attachment
Fill in the form
The first step in applying for the online loan, strictly speaking, is to fill out the form. The questions included a report to:
- The amount of the loan requested
- Personal information such as your first name, surname, and date of birth, your full contact details as well as information on the bank where your bank account is opened
- Information about your job, including the type of position held, length of service and frequency of pay.
Then scan and send the following documents electronically or fax:
- Your last three months of bank statements
- Your last two pay stubs
- Two pieces of identification
- Your social insurance card or a T4
- A sample pre-authorized check/debit form
- Proof of residences such as a telephone or electricity bill
It is essential to meet the criteria for obtaining this type of loan and to send a complete file so that the request is accepted, any incomplete sending leading to an immediate refusal.
Wait for the answer
If a majority of applicants often receive a response within 24 hours and sometimes even just 1 hour, studying the file requires a more in-depth study and additional time in certain specific cases, such as requests:
- Self-employed workers
- People on maternity or parental leave
- Beneficiaries of CSST programs
- Beneficiaries of the invalidity insurance scheme
- Beneficiaries of the pension plan
Sign the contract
Once the website funding partner companies have reviewed the documents and given their approval, you receive the contract. You just need to sign it so that the funds are deposited into your account.
In an emergency, applying for a loan online is the quickest way to get money. In addition, these loans are granted without investigation and can help many people with a low credit rating, whether to make a difficult end of the month, pay an unexpected bill or even pay for health expenses.