What To Prepare When Applying For instant approval loans canada
When you have an urgent need for cash, it’s important to know your loan application options first. You may consider applying for a personal loan or credit card, but these can take time and may not be approved. But if you need money for expenses quickly, it’s important to know what to prepare when applying for instant approval loans canada.
Complete The Form Since Loan Applications Are Processed Online
First of all, when applying for an instant approval loan, you will need your personal information, as well as some details about your credit history and current financial situation. Providing incorrect or incomplete information may result in a delay of up to 24 hours while verifying all of the details you have provided with this site’s lenders.
Prepare Your Proof Of Identity And Address For Instant Loan Approval
The lenders on this site require your proof of identity and address before they can issue you an instant approval loan in Canada. The documents needed include your driver’s license, passport, and social insurance number.
In case you do not have these documents and items on hand, please provide the following documents that are available to you. The lender may ask for additional information such as a copy of one or more of either your birth certificate or your passport photo page (if applicable).
Attach Copies Of Supporting Documents
Finally, when applying for an instant approval loan, you’ll need to attach copies of the supporting documents for identification. If you are self-employed or a shareholder, you’ll need to provide proof of income, such as a recent tax return or pay statement.
Other than that, if you are employed by someone else and receive regular paychecks from them (i.e., not an independent contractor), then you should provide your latest pay stubs with each loan application, so you can ensure that your loan will be approved immediately and you’ll receive the funds you need.