Your installment loans alternative with no credit check in Ontario

Looking to finance a bigger purchase or manage your budget over a few months, but don’t want to be locked into a rigid installment loan? Alterfina’s flexible and easy personal credit solution gives you access to $500 to $2,500 in Ontario. No credit check, no fixed terms, and no paperwork. Perfect for projects, planned expenses, or anyone who wants financial freedom.

Your installment loans alternative with no credit check in Ontario

Looking to finance a bigger purchase or manage your budget over a few months, but don’t want to be locked into a rigid installment loan? Alterfina’s flexible and easy personal credit solution gives you access to $500 to $2,500 in Ontario. No credit check, no fixed terms, and no paperwork. Perfect for projects, planned expenses, or anyone who wants financial freedom.

Borrow from $500 to $2,500, on your terms
Bad credit accepted
Flexible repayments, adapt as you go
No early repayment penalties
Quick & easy online application

*If your file is completed and approved before 2:30 PM,
Click here for more details.

How to get a paperless credit?

Why choose Alterfina's flexible solution over a traditional installment loan?

How it works

Alterfina offers many advantages compared to traditional installment loans, as we are committed to providing the best personal financial solutions in Ontario : check No credit check : your request has no impact on your credit score. check No hidden fees : what you see on the calculator is what you really pay, no surprises. check Ongoing access to funds : Once approved, you can use your credit as and when you need it, without having to re-apply every time. check Flexible repayments: adjust your payment amounts and frequency at any time, no rigid schedules or fixed terms. check No early repayment penalties: Pay off your balance faster or make extra payments whenever you like, with zero fees. check Quick approval and transfer : receive a quick decision and access your funds within 24 hours. check Bad credit accepted : we don’t judge your credit history, approval is based on your current ability to repay. You will never be refused because of your credit score. You can also and access exclusive benefits, such as : check Discounts at merchants and on groceries check Credit report and monitoring with Equifax Complete™ check A prepaid card for simple money management check And much more!

Want to know more? Consult the benefits

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

Need cash and flexibility ?

Simple, flexible, and secure

Learn more about our installment loan alternative

Here are our eligibility requirements to get your personal credit: – 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 $1,700

– 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

Absolutely! At Alterfina, you can apply for an installment loan alternative, even with a poor credit history. Unlike traditional banks or other private lenders, we do not perform credit checks and never reject a request due to a low credit score. Instead, we assess your repayment ability based on factors like your income and financial stability. Your credit score will never be a reason for refusal. Thanks to our 100% online process, no documents are required, and your request will be processed in less than 24 hours.

IBV stands for “Instant Bank Verification.” It’s a technology that, with your permission, allows secure, read-only access to certain information from your bank account (such as deposits and income history). It all happens online, in just a few clicks and without having to send in documents. During verification, you’ll log into your bank account just as you normally would (username, password, security questions if needed). We never have access to your login or password. The process is quick and secure.

IBV is a fast and reliable tool that allows us to automatically assess your eligibility, without requesting documents like bank statements or paystubs. It’s a simpler, faster method and widely used in the financial industry. This technology allows us to process your application in just a few hours while maintaining a high level of security and data protection.

Yes, IBV is the most secure technology available on the market. It is considered as safe as the systems used by major Canadian financial institutions. We never have access to your username or password. We partner with Flinks, a leading provider of instant bank verification services.

None. IBV is automatic and secure via our partner Flinks. All you need to do is log in to your bank account where your pay is deposited, using our secure platform, just like you normally would (with your username, password, and security questions if required).

If verification fails, our team will contact you to help guide you through a second attempt or suggest an alternative. Make sure your banking credentials are correct, that you’re logging into the account where your pay is deposited, and that you’re able to answer your security questions. Need help? Call us at 1 888 350-7738 — we’ll be happy to assist you.

No. The IBV does not affect your credit score. It is not a traditional credit check but rather a read-only, temporary access to your banking data, like deposits and income. This process is not visible to credit bureaus and has no impact on your credit report.

No. The IBV is mandatory to complete a credit application with Alterfina. This process allows us to evaluate your eligibility quickly and efficiently, without unnecessary paperwork.

We apply a fixed annual rate of 18.99%, which is competitive compared to the interest rates offered by most private lenders.

A weekly membership fee of $24.20 applies whenever there is an active balance. These fees are already included in the repayment amounts shown in our calculator, so you always know exactly what you’ll pay.

You can check your balance, upcoming payments, and much more in your Client Access. To log in, visit our website and click the Client Access link at the top of the page. Once logged in, you’ll be able to: View your balance and payment schedule Manage your account settings Activate your exclusive benefits Access and redeem your discounts on exclusive products and services Make sure you have your login credentials for secure and quick access to all these features.

You can request a payment deferral at least 48 business hours before your scheduled payment date. In the case of non-sufficient funds (NSF), fees will apply. Our company complies with Canadian legal standards. If a particular situation arises during your use of the fast credit, our customer service department is available to assist you with deferral requests or any other inquiries. Note: The repayment amount cannot be less than 5% of the closing balance from the previous month.

The payment amount is based on your approved credit limit and payment frequency. You can request a justified change by contacting customer service.

Financing solutions offered by Alterfina are designed to be repaid over a period of 3 to 6 months. Our product is intended for short-term use, with full repayment expected within a few weeks. For example: A $750 credit, with payments of $127 every two weeks, will be fully repaid in 10 installments. You can also make early or extra payments at any time without fees, to reduce your costs and pay off your balance faster. Be responsible and borrow wisely. Only request the amount you truly need.

Yes! Our financial solutions offer flexible repayment terms, according to the client agreement, and can be repaid before the usual 3 to 6-month term. You can choose to pay off the full amount or make partial payments at any time without any fees, helping you reduce your costs and pay off your credit faster.

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.

Whatever your financial situation, we’re here to help you find the best solution.

Need emergency cash? Discover our fast financing solutions, accessible even with bad credit. Get a decision in just minutes and receive your funds the same day.

Find out how we can help you in an emergency.

Having trouble getting a loan because of bad credit? At Alterfina, we understand that past incidents can complicate access to financing. Unlike banks, we analyze your file without taking your credit history into account.

Find out how we can help you, even with bad credit.

Looking for an alternative to payday loans? At Alterfina, we know that traditional payday loans can be expensive and stressful. That’s why we offer a better solution. Get up to $2,500 without a credit check.

Find out more about our payday loan alternative

Need emergency cash? Discover our fast financing solutions, accessible even with bad credit. Get a decision in just minutes and receive your funds the same day.

Find out how we can help you in an emergency.

Don’t miss a thing!

Subscribe to our newsletter and stay informed about the latest updates.

The credit solution that gives you more

Enjoy a wide range of exclusive benefits designed to make your life easier and help you save every day.

Your installment loans alternative with no credit check in Ontario

Looking to finance a bigger purchase or manage your budget over a few months, but don’t want to be locked into a rigid installment loan? Alterfina’s flexible and easy personal credit solution gives you access to $500 to $2,500 in Ontario. No credit check, no fixed terms, and no paperwork. Perfect for projects, planned expenses, or anyone who wants financial freedom.

Borrow from $500 to $2,500, on your terms
Bad credit accepted
Flexible repayments, adapt as you go
No early repayment penalties
Quick & easy online application

*If your file is completed and approved before 2:30 PM,
Click here for more details.

How to get a paperless credit?

Why choose Alterfina's flexible solution over a traditional installment loan?

How it works

Want to know more? Consult the benefits

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

Need cash and flexibility ?

Simple, flexible, and secure

Learn more about our installment loan alternative

No. The IBV is mandatory to complete a credit application with Alterfina. This process allows us to evaluate your eligibility quickly and efficiently, without unnecessary paperwork.

We apply a fixed annual rate of 18.99%, which is competitive compared to the interest rates offered by most private lenders.

The payment amount is based on your approved credit limit and payment frequency. You can request a justified change by contacting customer service.

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

Whatever your financial situation, we’re here to help you find the best solution.

Need emergency cash? Discover our fast financing solutions, accessible even with bad credit. Get a decision in just minutes and receive your funds the same day.

Find out how we can help you in an emergency.

Find out how we can help you, even with bad credit.

Find out more about our payday loan alternative

Need emergency cash? Discover our fast financing solutions, accessible even with bad credit. Get a decision in just minutes and receive your funds the same day.

Find out how we can help you in an emergency.

Don’t miss a thing!

Subscribe to our newsletter and stay informed about the latest updates.

The credit solution that gives you more

Enjoy a wide range of exclusive benefits designed to make your life easier and help you save every day.

Your installment loans alternative with no credit check in Ontario