NO CREDIT CHECK

Need money quickly? Borrow with no credit check in Ontario

From $500 to $1,500 with no credit check
Online application in 2 minutes, 24/7
Approval within an hour same-day deposit

A commitment recognized by our customers

90%

of our customers are satisfied with their experience with Alterfina**

+ 2,000 customer reviews

A commitment recognized by our customers

90%

of our customers are satisfied with their experience with Alterfina**

+ 2,000 customer reviews

*If your file is completed and approved before 2:30 PM, click here for more details. (FAQ) **Data from an independent annual customer satisfaction survey (December 2024)

NO CREDIT CHECK

It's quick and easy: 3 steps to get your funds without a credit check

Fill out the online application

Takes only a few minutes to complete

Instant Bank Verification

No need to send any documents with IBV technology.

Direct deposit of funds

Same day deposit *

Why choose Alterfina's variable credit?

How it works

Discover Alterfina’s flexible online credit solution, tailored for people in Ontario who want more control and less stress than with traditional payday or installment loans. Our variable credit works like a flexible line of credit:

check Apply online in just minutes : 100% online and paperless check 24/7 application process : apply for your credit at any time, day or night check No credit check required : approval is based on your current ability to repay, not your credit history check Borrow any amount between $500 and $1,500. check Funds available the same day if approved before 2:30 p.m.* check Flexible repayments : pay back at your own pace over 3 to 6 months, with weekly, bi-weekly, or monthly options check No early repayment penalties : pay off your balance faster or make extra payments at any time, no fees. check No re-application needed for future use : once approved, access your credit whenever you need it. check We apply a fixed annual rate of 18.99%.

Questions? Check the FAQ

Calculate your payments

1 / Desired credit amount*

2 / Payment frequency

3 / Payment amounts

167 $ by paycheck for about 182 days

*Indicative amount. Refer to the

legal notices page

Calculate your payments

1 / Desired credit amount*

2 / Payment frequency

3 / Payment amounts

167 $ by paycheck for about 182 days

*Indicative amount. Refer to the legal notices page

Added value included with your offer

Enjoy over $6,000 in exclusive savings and services, plus powerful financial tools and fast online access to credit — all here to help you save more and manage your finances with ease every day.

FAST CREDIT

Fast, hassle-free, 100% online credit. Secure process and no credit check required.

Learn more

MERCHANT DISCOUNTS

Save money every day with exclusive discounts.

Learn more

EQUIFAX

An essential tool to monitor and improve your credit.

Learn more

PREPAID CARD

Easily manage your funds online with a flexible and practical solution.

Learn more

Quick and no credit check financing

From $500 to $1,500 anytime

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

I liked being listened to and the professionalism. I felt respected. Thank you very much.

- Guylaine

Trusted by thousands across Canada

We are proud to have received over 2,000 customer reviews with a rating of over 4.6/5 (as of Winter 2025). Their testimonials are proof of our commitment to providing a reliable and human-centered service.

FAQ : learn more about our credit solutions

Here are our eligibility requirements: – Must be 18 years or older. – Must be a resident of 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

– 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

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! Learn more on our dedicated bad credit solution page

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 to your bank's processing time.

When an organization or a financial institution conducts a credit check, it means they are asking for access to information found in your credit file. They verify your past credit history, your credit rating, your repayment capacity based on your current income level, and perform 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 refusal.

A payday loan is a short-term, small-amount advance that’s typically used to cover urgent expenses until your next payday. You borrow a set amount (usually a few hundred dollars), and the full balance (plus fees and interest) is repaid in one lump sum on your next paycheque. Payday loans are usually easy to access but often come with high fees and very short repayment periods, which can make them risky and expensive. If the loan isn’t repaid in full on time, additional fees and interest may apply, increasing the overall cost and potentially leading to a cycle of debt.

Payday loans can be risky because they often have very high interest rates and fees. Many borrowers find it difficult to repay the full amount by their next payday, which can lead to a cycle of borrowing, more fees, and growing debt. If you cannot repay on time, you may face additional charges and negative impacts on your finances. That’s why it’s important to consider alternatives with more flexible terms and lower costs.

No, Alterfina does not offer payday loans. Instead, we provide a flexible alternative that gives you access to funds quickly, without a credit check or paperwork. With our variable credit solution, you can borrow between $500 and $1,500 and repay over several months, rather than having to pay back the full amount on your next payday. This makes it easier to manage your budget and avoid the risks associated with traditional payday loans. Learn more on our Payday loan alternative dedicated page

An installment loan is a type of financing where you borrow a fixed amount of money and repay it over a set period, usually through regular payments (installments) each week or month. The repayment schedule and total cost are agreed upon at the start, and you typically pay the same amount each time until the loan is fully paid off. Installment loans are often used for personal expenses, but they can come with rigid terms and may require a credit check.

No, Alterfina does not offer traditional installment loans. Instead, we provide a flexible variable credit solution that lets you access funds when you need them, with no credit check required and more flexibility in how you repay. This alternative is designed to give you more control and convenience compared to a standard installment loan. Learn more on our Installment loan alternative dedicated page

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.

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.

We apply a fixed annual rate of 18.99%.

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Easy. Quick. Worth it

NO CREDIT CHECK

Need money quickly? Borrow with no credit check in Ontario

From $500 to $1,500 with no credit check
Online application in 2 minutes, 24/7
Approval within an hour same-day deposit

A commitment recognized by our customers

90%

of our customers are satisfied with their experience with Alterfina**

+ 2,000 customer reviews

A commitment recognized by our customers

90%

of our customers are satisfied with their experience with Alterfina**

+ 2,000 customer reviews

*If your file is completed and approved before 2:30 PM, click here for more details. (FAQ) **Data from an independent annual customer satisfaction survey (December 2024)

NO CREDIT CHECK