Client Access
Having trouble filling out the application?
Feel free to reach out to us, our team is here to assist you.
From $500 up to $2500
No credit check
Online application in 2 minutes
Approval within an hour
Same day deposit***Funds will be deposited on the same day if your file is completed and approved before 2:30 PM
*Be 18 years old or older, reside in Quebec or Ontario and have a stable income. For more details, check our FAQ at the bottom of this page.
Your trusted partner
85%
85% of respondents would recommend Alterfina to their friends*
*Data from an independent survey (January 2023)
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It's fast and easy: 3 steps to get your credit facility without credit check
1- Fill out
the online application.
Takes only a few minutes to complete
2 - Instant Bank
Verification.
No need to send any document with IBV
3 - Direct deposit
of funds.
Same day deposit*
Quick Funds with Flexible Repayment Options
No Credit Check Required
Alterfina specializes in alternative credit solutions accessible to everyone, even Canadians with a low credit score at the time of their application. Unlike traditional financial institutions, credit score is not one of our eligibility criteria for quick funds, and our application process is conducted without a credit check.
You can use our calculator to give you an idea of what your payment terms would be. Our credit solutions offer flexible repayments, based on the terms of your agreement, and can be settled before the usual 3 to 6-month term. This allows you to repay the amount owed in full or in part at any time.
Here’s a practical example to help you understand our financial solution: A $750 withdrawal with bi-weekly payments of $121.01 to $127 will take 10 payments. This example assumes that the money used in the first withdrawal is fully repaid before making another withdrawal.
Annual Interest Rate (APR) of 18.99%. We have a weekly membership fee of $24.20 as long as there is an active balance. No fees for subsequent withdrawals. In the example above, the weekly membership fee of $24.20 is included in the repayment amounts.
Our applications are 100% online and take only 2 minutes! Get approval within one hour and same-day deposit*.
*If you meet all our eligibility criteria.
Comment ça marche ?
Alterfina specializes in alternative credit solutions accessible to everyone, even Canadians with a low credit score at the time of their application. Unlike traditional financial institutions, credit score is not one of our eligibility criteria for quick funds, and our application process is conducted without a credit check.
You can use our calculator to give you an idea of what your payment terms would be. Our credit solutions offer flexible repayments, based on the terms of your agreement, and can be settled before the usual 3 to 6-month term. This allows you to repay the amount owed in full or in part at any time.
Here’s a practical example to help you understand our financial solution: A $750 withdrawal with bi-weekly payments of $121.01 to $127 will take 10 payments. This example assumes that the money used in the first withdrawal is fully repaid before making another withdrawal.
Annual Interest Rate (APR) of 18.99%. We have a weekly membership fee of $24.20 as long as there is an active balance. No fees for subsequent withdrawals. In the example above, the weekly membership fee of $24.20 is included in the repayment amounts.
Our applications are 100% online and take only 2 minutes! Get approval within one hour and same-day deposit*.
*If you meet all our eligibility criteria.
Thousands of Canadians
trust us.
We’re proud to have earned a Google rating of over 4.5/5 from nearly 2,000 Canadians who value our fast, secure, no credit check financing services and streamlined process for quick access to funds (as of Summer 2024).
"Great when you need help and great customer service thank you"
"Thank you for your trust! I appreciate the team who offered great service, thanks!"
"I thank you for your agents who called me at home to confirm. The staff is kind and polite. Thanks for your quick answer! The delay for my deposit was quick."
FAQ
What are the eligibility criteria for obtaining financing without a credit check?Can I apply with bad credit?When will I receive the money?Are you a member of the Canadian Lenders Association (CLA)?What happens if I am unable to make my payment?
What are the eligibility criteria for obtaining financing without a credit check?
Here are our eligibility requirements:
– Must be 18 years or older.
– Must be a resident of Quebec or Ontario.
– Must have been employed for at least three months and/or receive an eligible source of income*.
– Income must be deposited through direct deposit into a Canadian bank account.
– Must not be involved in bankruptcy proceedings.
– Must have a minimum gross monthly income of $1,500 (Quebec) or $2,500 (Ontario)
Eligible Income Types:
– Salaried income
– Quebec Parental Insurance Plan (QPIP)
– Commission des normes, de l'équité, de la santé et de la sécurité au travail (CNESST) benefits
– Société de l'assurance automobile du Québec (SAAQ) benefits
– Allocation de Solidarité Spécifique (ASS) - disability
– Allocation de Solidarité Spécifique (ASS) - salaried income
– Various pensions
– Self-employed income
- ODSP – Ontario Disability Support Program
- OAS – Old Age Security
- GIS – Guaranteed Income Supplement
- CPP – Canada Pension Plan
- EI – Employment Insurance
- WSIB – Workplace Safety and Insurance Board
Can I apply with bad credit?
Of course! At Alterfina, you can apply for quick funds without a credit check, even with bad credit. Unlike traditional banks, we don’t perform credit checks and never decline applications due to a low credit score. Bad credit is typically defined as a score below 600, but we use other eligibility criteria.
With our 100% online process, no documents are required, and your application will be processed within 24 hours. Trust Alterfina for a fast and simple solution!
When will I receive the money?
Funds are usually deposited on the same day. However, in some cases, it may take 24 to 48 business hours to receive them in your bank account due your bank's processing time.
Are you a member of the Canadian Lenders Association (CLA)?
Yes, we are! This means we are a verified lender, committed to the high standards of transparency, ethics, and responsible practices set by the Association. You can trust us to provide reliable and secure service.
What happens if I am unable to make my payment?
You can request a payment deferral up to a minimum of 72 hours (business days) before your scheduled payment date. In case of insufficient funds (NSF), a $35 fee applies.
What are the eligibility criteria for obtaining financing without a credit check?
Here are our eligibility requirements:
– Must be 18 years or older.
– Must be a resident of Quebec or Ontario.
– Must have been employed for at least three months and/or receive an eligible source of income*.
– Income must be deposited through direct deposit into a Canadian bank account.
– Must not be involved in bankruptcy proceedings.
– Must have a minimum gross monthly income of $1,500 (Quebec) or $2,500 (Ontario)
Eligible Income Types:
– Salaried income
– Quebec Parental Insurance Plan (QPIP)
– Commission des normes, de l'équité, de la santé et de la sécurité au travail (CNESST) benefits
– Société de l'assurance automobile du Québec (SAAQ) benefits
– Allocation de Solidarité Spécifique (ASS) - disability
– Allocation de Solidarité Spécifique (ASS) - salaried income
– Various pensions
– Self-employed income
- ODSP – Ontario Disability Support Program
- OAS – Old Age Security
- GIS – Guaranteed Income Supplement
- CPP – Canada Pension Plan
- EI – Employment Insurance
- WSIB – Workplace Safety and Insurance Board
Can I apply with bad credit?
Of course! At Alterfina, you can apply for quick funds without a credit check, even with bad credit. Unlike traditional banks, we don’t perform credit checks and never decline applications due to a low credit score. Bad credit is typically defined as a score below 600, but we use other eligibility criteria.
With our 100% online process, no documents are required, and your application will be processed within 24 hours. Trust Alterfina for a fast and simple solution!
When will I receive the money?
Funds are usually deposited on the same day. However, in some cases, it may take 24 to 48 business hours to receive them in your bank account due your bank's processing time.
Are you a member of the Canadian Lenders Association (CLA)?
Yes, we are! This means we are a verified lender, committed to the high standards of transparency, ethics, and responsible practices set by the Association. You can trust us to provide reliable and secure service.
What happens if I am unable to make my payment?
You can request a payment deferral up to a minimum of 72 hours (business days) before your scheduled payment date. In case of insufficient funds (NSF), a $35 fee applies.
Any questions about credit facilities without documentation?
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5 min
2022-02-18
Advices
Rent vs. buy, how to make the best decision?
Rent vs. buy, how to make the best decision?
Between the choice to buy a house or to rent an appartment, the choice is sometimes hard, even more with the price increases and average home prices. This article will help you to do find the best solution and analyze your needs.
5 min
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Advice
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Conditions
Annual interest rate (APR) of 18.99%.
Be 18 years old or older, reside in Quebec or Ontario and have a stable income.
Repayment planFinancial support and credit scoreRefund Policy
Repayment plan
We determine your minimum payments together, according to your repayment capacity and the period during which you want to payback your facility’s balance.
Note:
-Membership fees are payable as long as there is a balance owing on your credit facility.
Financial support and credit score
Our company complies with Canadian legal norms. Should a special situation arises during your use of a credit facility, our service team is available to assist you in making the necessary adjustments. The transactions on your credit facility do not affect your credit rating whether positively or negatively, as we do not report to credit bureaus.
Notes:
-The repayment amount cannot be lower than 5% of the credit facility’s initial balance.
-Our product is geared towards punctual use and reimbursement over a period of a few weeks.
Refund Policy
Our company complies with Canadian legal standards. If a particular situation arises during your use of the credit facility, our customer service department is available to assist you with payment deferrals or any other requests.
Transactions made on your credit facility do not affect your credit score, either positively or negatively, as we do not report to credit bureaus.
Our variable credit facilities are usually repaid in 3 to 6 months. Be responsible and borrow with moderation. We strongly suggest that you think of your needs and not apply for a higher sum than necessary. For example, if you want to use our credit facilities, you can follow this model : a withdrawal of $750 with bi-weekly repayments of 127$ will take 10 installments.
This information is an example and considers that the money used at the time of the first withdrawal has been paid back in full before making another cash advance. In the example above, the $24.20 membership fees are included in the repayment amount.
Our credit solutions have flexible repayments options, as outlined in our client agreement. They can typically be repaid within 3 to 6 months but may also be settled early, either partially or in full, at any time.
Repayment plan
We determine your minimum payments together, according to your repayment capacity and the period during which you want to payback your facility’s balance.
Note:
-Membership fees are payable as long as there is a balance owing on your credit facility.
Financial support and credit score
Our company complies with Canadian legal norms. Should a special situation arises during your use of a credit facility, our service team is available to assist you in making the necessary adjustments. The transactions on your credit facility do not affect your credit rating whether positively or negatively, as we do not report to credit bureaus.
Notes:
-The repayment amount cannot be lower than 5% of the credit facility’s initial balance.
-Our product is geared towards punctual use and reimbursement over a period of a few weeks.
Refund Policy
Our company complies with Canadian legal standards. If a particular situation arises during your use of the credit facility, our customer service department is available to assist you with payment deferrals or any other requests.
Transactions made on your credit facility do not affect your credit score, either positively or negatively, as we do not report to credit bureaus.
Our variable credit facilities are usually repaid in 3 to 6 months. Be responsible and borrow with moderation. We strongly suggest that you think of your needs and not apply for a higher sum than necessary. For example, if you want to use our credit facilities, you can follow this model : a withdrawal of $750 with bi-weekly repayments of 127$ will take 10 installments.
This information is an example and considers that the money used at the time of the first withdrawal has been paid back in full before making another cash advance. In the example above, the $24.20 membership fees are included in the repayment amount.
Our credit solutions have flexible repayments options, as outlined in our client agreement. They can typically be repaid within 3 to 6 months but may also be settled early, either partially or in full, at any time.
1 If your file is completed and approved before 2:30 p.m. Click here for more details.