Here are our eligibility criteria for a personal loan:
Be 18 years of age or older (or 19 in certain Canadian provinces).
Have held a stable job for at least 2 months
We accept clients who are paid by cheque*.
Receive regular pay deposited directly into a Canadian bank account.
*Some conditions apply.
- It is important to note unemployment benefits, or self-employment income may be eligible for a loan.
- Social assistance income is not eligible for a loan.
- Family Allowance income is not eligible for a loan.
No credit check will be performed, and no documents are required thanks to IBV!
Instant Bank Verification (IBV) is a process used by financial institutions and online lenders to quickly verify a borrower’s banking information during a quick loan application. The objective is to assess the borrower’s creditworthiness quickly and securely, without the need for paper documents or lengthy manual processes.
Your personal loan, deposited the same day!
If you meet the criteria and your IBV is completed and approved, you can receive your money the very same day.
Either by direct deposit
Or by Interac e-Transfer (additional fees apply)
It’s easy, simple, and fast! That’s the DMO Credit advantage!
Here are the different Personal Loans options available at DMO CREDIT
No meetings will be required. If you meet all the conditions, you will need to send a photocopy of the documents mentioned bellow and return a signed copy of the contract you received (by fax or email) from one of our agents to receive your payday loan, even if you have a bad credit score.
300
/week
/2 weeks
/bi-monthly
/monthly
300
/week
500
/week
/2 weeks
/bi-monthly
/monthly
500
/week
600
/week
/2 weeks
/bi-monthly
/monthly
600
/week
750
/week
/2 weeks
/bi-monthly
/monthly
750
/week
1000
/week
/2 weeks
/bi-monthly
/monthly
1000
/week
