If you are distressed by unexpected financial calls, then online payday loans is your cure. Get required funds deposited in your bank account by escorting a simple online process. We, at Red Payday, offer hassle free borrowing solutions to our customers by providing user friendly platform which can be accessed as follows but first of all it is necessary to know how one can qualify for these loans.
Fill Online Loan Application Form
Our loan process can be initiated by the borrower by filling simple online form available on apply now page on our website. The borrower is supposed to fill his basic details along with active Canadian bank account number. Don’t think twice before sharing your details because they will be encrypted immediately and will stay safe with us all the time. We follow a strict policy against sharing client’s information with any other financial institution without client’s permission.
Eligibility Check and Loan Approval
After receiving borrower’s application, his eligibility is checked by verifying his details. If he qualifies, then it is forwarded to a network of lenders. One, who will meet borrower’s requirements as per his information, will approve his application and send loan offer.
Loan Agreement Acceptance by Borrower
When the borrower receives e-agreement, he can read it thoroughly to understand loan terms, conditions and policy set by that particular lender. If he has any doubts regarding loan fees and rates, then he can contact our customer care support anytime or can simply visit faq section. After clarifying his doubts, he is supposed to send that agreement back to lender with his electronic signature in its.
Online Cash Transfer
Payday Loans are designed in such a way that the borrower can receive cash within one business day. RedPayday also works on the same principle. Once the lender receives the signed agreement, he transfers funds into borrower’s account till next business day.
Payday Loan Repayment Terms
Loan agreement send to borrower also includes guidelines for repayment. So, he is supposed to understand that too. Generally, the borrower is supposed to pay back loan amount along with calculated interest rate before his next salary day. So, the due date falls after 14 days generally. However, some lenders also allow borrowers to pay before decided date if they can. Late repayment or no repayment will simply degrade borrower’s financial history.
Now, you are all prepared to apply for payday loans Canada Online.
COMPLETE ONLINE APPLICATION FORM-GET CASH UPTO $500 with SAMEDAY APPROVAL-HURRY UP!!!!