Minutes to Apply - Instant Short Term Loan Approval
The economy is not what it used to be and sometimes waiting for payday just isn't an option. Our instant short term loans may be just what you need to provide much needed financial relief. Our fees are clear and small so you know exactly what you need to repay once your check comes in.
Apply In Minutes
Fill in our quick form that runs through your basic information, employment, and payroll. It's simple and fast to apply!
Instant Approval
Approvals are instant and can sometimes take up to one business day - get that short term loan when you need it most.
Account Deposit
You can expect your loan to be deposited straight into your checking account via Email Money Transfer. No hassles.
Repay on Payday
The small fee amount is added to the total and withdrawn on the payday listed in your application.
What They’re Saying
About Us
It's hard enough to make it from paycheck to paycheck - no one wants a long arduous process of loans short term. Our clients have given us a 4.7 rating on Trustpilot for the simplicity we've brought to the short term loan industry. Here's what they have to say:
Your Privacy is Important to Us
Thank you for putting your trust in Credit Club! We honor our commitment to your privacy and will never sell, rent, or distribute your personal and financial information. We're transparent through and through from our fees to our privacy policy.
About Our Short Term Loans
No need to complicate a simple transaction. For every $100, we charge a small $14 fee - the cap is set by law and our license to loan cash. Enter the total amount you need into our loan calculator to see what that will equal out to on payday.
No Credit Checks
Part of the reason why we started short term loans in Canada! Requiring a credit check for a limited time loan was an additional step that took a lot of time. We've eliminated that requirement because when you need a short-term loan, there's no time to waste. Our standard rates are the same across the board - no matter what your credit looks like.
We can help with anything between $100 to $1500. You might be short on some bills or have a big purchase to make fast - that's what our short term loans are designed for. If you meet our limited requirements - you're automatically eligible for one.
Limited Amounts
Requirements
Four simple and easy requirements are needed to get a loan with Credit Club. As long as you have an active checking account under your name, recurring income from an employer, a working phone number and email address - you check off all our boxes. That's it.
Why Choose Credit Club
The short answer is 'simplicity'. We're in the business of providing Canadians quick cash when times are tough. And we're one of the most trusted short term lenders with 4.7 stars on Trustpilot.
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Licensed Lender
We're licensed and operate in Ontario, British Columbia, and Nova Scotia - and we're growing. If you're a Canadian outside of these three provinces - be on the lookout, we're coming your way.
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Transparent Fee Structure
You'll know exactly what you'll owe before you even click 'submit' on your Credit Club form. Our fee structure is simple and doesn't change from loan to loan. It's clear as day and a small price to pay for peace of mind when you're cash strapped. If you happen to miss a payment, there's a $20 fee for non-payment. Click here for more information on non-payment.
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Minimal Requirements for Short Term Loans
With minimal requirements on short term loans in Canada, it's no wonder our clients gave us 4.7 stars on Trustpilot! Here's what you need for approval with Credit Club:
- Checking account in your name
- Steady recurring income
- Active phone number
- Email Address
Instant short-term loans Canadians appreciate - get yours in as little as 30 minutes.
Calculate Your Cash Advance Fee
Choose your province and short term loan amount to see what you'll owe come payday.
- $100
- $200
- $300
- $400
- $500
- $600
Frequently Asked Questions
What is a short term loan?
A short term loan is exactly as it sounds. A loan for a short period of time for a small fee in exchange. Short term loans with Credit Club can be anywhere between $100 to $1500 and are repaid once the loaner's paycheck comes in. People tend to use these types of loans when they're cash strapped but are expecting to have the money in a few days or weeks. Interest or a fee is applied to the principal amount to the lender and can accumulate more interest if it's not repaid by the set date.
How much would it cost to borrow $1500 short term?
Credit Club fees are clear - it's $14 per every $100 loaned. So $1500 would cost the payback of the full amount plus an additional $210(the fee). Borrow anywhere between $100 to $1500 and the fee stays the same with no credit check required.
Can I get a short term loan on the same day?
Yes, it's absolutely possible - but not guaranteed. Depending on your details and the amount of your short-term loan, you could receive it in as little as 30 minutes or even the next business day. If you have any specific questions regarding your short term request, you can email us at [email protected] or send a support ticket through our site chatbot.
Are short term loans risky?
Taking any type of loan can be a risk if you're not sure you're good for repayment. A few tips before you take a short term loan include: • Decide if you really need it - if you can do without, it's best to avoid any loan. • Borrow only what you need - keep it small to cover the emergency you're experiencing. • Know who's lending - vet your lender to the max and make sure there are no hidden charges. With Credit Club, you can see over three thousand online reviews of happy clients - and we guarantee no hidden fees!
Do short term loans hurt credit?
They can if you miss the repayment. As with any missed payment, it could end up in the hands of credit collectors. Again, be sure you really need the cash and that you'll be able to pay it off once it's due. At Credit Club, there's a $20 fee for a missed repayment (that doesn't include any NSF fees from your bank). If the payment still isn't received, we charge an annualized interest rate of 30% - Click here for more details.
Lender licence
Ontario 4726568
British Columbia 64068
Nova Scotia 222985929
Fast - Simple - Secure
At Credit Club we are dedicated to providing you with a solution to meet your immediate money needs right from the privacy of your home.
As a licensed and responsible lender, we encourage you to review our sample borrowing costs below.
