Bad credit personal financing in Canada

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No matter your situation, Alterfina can help you

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When we find ourselves confronting a financial issue, we know that this situation can be stressful, even more when we have an urgent need for money. To obtain a loan with a traditional financial institution in Canada, a credit check must be made to verify your solvability. A low credit score leads to a loan refusal. We know that those situations lead to frustration and incomprehension. We are here to help Canadian with a short-term financial solution. At Alterfina, we are here to help you with a short-term financial solution. At Alterfina, you can borrow money despite your credit history. An application for a personal credit can be done and send under few minutes so that we can help you as fast as possible, even if you have a bad credit. Get approved for a bad credit financing fast.

At Alterfina, we understand you don’t have time to lose and that you have urgent needs. That is why we developed an online financing solution to serve you as fast as possible and fix your short-term money problems with flexible borrowing options. Amounts from $500 to $2,500 are here to help you quickly, with no credit check, in a 100% confidential and secure way. You can now borrow cash instantly online or you can call our agents who are here to answer all your questions by email or telephone to help you in your application process. Learn more!

Whether it be for a bill payment or for an urgent need of money, Alterfina is here for your small amounts of cash financing, starting from $500 up to $2,500. When financial issues come, we understand you need a simple solution that will not affect your long-term financial health. That is why we propose personal financing solutions with no credit check. No need to deal with financial institutions, we’re here to serve and help you with your needs! Learn more!

If you are experiencing financial difficulties, Alterfina’s credit solutions are not complicated! No need to go through complex application processes, send documents and fund deposits. At Alterfina, we know your time is precious and that there are easier and faster methods to get access to personal financing. That is why we offer 100% secure and confidential online credit facilities, which guarantee you cash in a timely manner thanks to same-day direct deposits. You only have to fill out the online application form to apply for credit. Learn more!

Calculate your payments


CA$165 by pay for approximately 182 days

*Indicative amount. Refer to the legal notices page

What’s a credit check?

When an organisation or a financial institution proceeds to a credit check, that means that they are asking for access to information found in your credit file. They verify your past credit history, your credit rating, your reimbursement capacity based on your current income level and do other credit verifications. When the credit investigation is done, banks or other financial institutions will make a decision regarding your solvency report. A bad credit score can lead to a loan rejection.

At Alterfina, no need to worry about your past credit history. We are a no credit check lender who offer short term cash financing solutions, in a 100% secure and confidential way and no matter your financial situation. Whether it be for a weekend getaway, and unexpected expense or a bill payment, borrow money online for your financial emergencies!

How to get your credit facility?

Step 1 Fill up the online application

Fill up the online application

Takes only a few minutes to complete

Step 2 Instant Bank Verification

Instant Bank Verification

No need to send any document with IBV technology

Step 3 Direct funds deposit

Direct funds deposit

Same day deposit 1

Alterfina client

What is a bad credit score?

When financial institutions, employers and landlords proceed to a credit score check, bureaus in Canada like Equifax and Transunion take care to establish a score in function of your ability to borrow money and your past credit. If bureaus find a lot a payment default on their check, they will attribute a bad score to your profile.

A bad credit check will lead to a refusal from banks or payday loan companies for a personal loan, a card or a line of credit, or other private lenders. People will low credit score are riskier applicants, so they will also be paying high interest rates on your credit cards and loans. If you wish to boost your credit score, you must prove that you are able to pay bills on time and avoid penalties on the long term. You also must show a certain stability. As an example by living at the same place or in keeping your job so that lenders see that you are in a serious step to boost your credit score.

We offer personal financing solutions for bad credit.

At Alterfina, we have your personal finances at heart. We wish to help to put your financial health back on track and we understand that some knocks can stain your credit profile. That is why we offer personal credits from $500 to $2,500 no matter your credit score. Our verification is with no credit checks because we want to look forward with you by focusing on your future.

No score will be attributed to your credit score. We are here to fulfill your urgent need of money to give you the support you need for a weekend gateway, a bill payment or an unexpected expense. You will be accepted based on your borrowing capacity, and on realistic standards. Furthermore, our agents are available to help you with your application or to establish a financial plan for your reimbursement plan that will fit with your current finances. To make an online application, click here.

Alterfina client


What are the eligibility criteria for obtaining bad credit financing?How long will it take to get the money in my account?How much can I borrow?Conditions

What are the eligibility criteria for obtaining bad credit financing?

Here are our eligibility requirements:
1. Be 18 years or older.
2. Live in Quebec
3. Have a stable job for at least 3 months.
4. Have a paycheck deposit in a Canadian bank account.
5. Not being in bankruptcy
6. Have an income of at least $1500 per month.

Admissible income types :
– Salaried
– Quebec’s Parental Insurance Plan (RQAP)
– Commission de la santé et de sécurité au travail (CNESST)
– Société d’assurance automobile du Québec (SAAQ)
– Specific solidarity allocation (ASS) invalidity
– Specific solidarity allocation (ASS) Salary
– Various annuities
– Self-employed

How long will it take to get the money in my account?

Usually, the funds will be deposited before midnight if your application was completed AND the contract was returned signed before 2:30 PM (Mon-Fri). If it’s not the case, you must count 24 business hours for the transfer. Exceptions: when applications are sent in outside of regular business hours (weekends, evenings)

How much can I borrow?

Bad credit or not, we offer credit facilities ranging from $500 to $2500.


Annual interest rate (APR) of 18.99%.

They trusted us

"Great when you need help and great customer service thank you"

  • Caroline

"Thank you for your trust! I appreciate the team who offered great service, thanks!"

  • Guy

"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."

  • Sandie

Quick and paperless financing from $500 to $2,500 at all time

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Annual interest rate (APR) of 18.99%.

Be over 18, reside in Quebec and have a stable income.

Amortisation calendarFinancial support and credit scoreRepayment Period

Amortisation calendar

We determine your minimum payments together, according to your reimbursement capacity and the period during which you want to payback your facility’s balance.

-Membership fees are payable as long as there is a balance owing on your credit facility.

Financial support and credit score

Our company complies to canadian legal norms. If a special situation arises during your use of a credit facility, our service team is available to assist you in making the changes you need. The transactions taking place on your credit facility do not affect your credit rating in either a positive or negative way because we do not report to credit bureaus.

-The repayment amount cannot be lower than 5% of the credit facility’s initial balance.
-Our product is geared towards ponctual use and reimbursement over a period of a few weeks.

Repayment Period

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 wan to use our credit facilities, you can use this model : a withdrawal of $750 with bi-weekly repayments of $121.01 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 $23.50 membership fees are included in the repayment amount.

Our credit facilities have flexible repayments, according to the terms of our client convention and can be repaid before the average 3 to 6 months in which they are usually repaid. You can choose to pay a partial amount or the whole balance at any time.

1 If your file is completed and approved before 2:30 p.m. Click here for more details.