What are the eligibility requirements?
- Must be 18 years of age or older
- Must have a stable monthly income of $1500 or more*
- Must be a Canadian resident
- Must not be in bankruptcy proceedings or a consumer proposal
*Eligible income types:
- Employed
- Employment Insurance
- Canada Workers' Compensation Board (CNESST)
- Canada Automobile Insurance Society (SAAQ)
- Specific Solidarity Allowance (disability)
- Specific Solidarity Allowance (salary)
- Various pensions
- Self-employed
How can I apply?
You can apply directly on our website using our online form by clicking here.
Once the form is completed, you will be prompted to complete instant bank verification. Completing this step immediately will expedite the processing of your application.
Is the process secure and confidential?
Yes, we exceed the highest industry standards, and your application is 100% confidential.
Regarding the instant bank verification platform, our partner is Flinks Technology. For more information: http://flinks.io/
Instant Bank Verification
IBV (Instant Bank Verification) is the most secure technology on the market. It is used by and compliant with the majority of Canadian financial institutions. It's a simple and fast way to send us your bank statements.
Use of Collected Data
We only access a read-only copy of your bank statement. The information collected will be used to determine the amount we can offer you but will remain completely confidential.
Login Credentials
The login credentials you use to connect, including your username, password, and security questions, are not visible to any of our agents. Your connection only allows for a read-only transfer of your bank statements.
How long will it take to receive my money?
Thanks to Rapide Credit, you can receive your money in less than one business hour after signing your contract. The funds will be sent via instant transfer to your email address or mobile phone number, allowing you to deposit the funds yourself.
Standard deposits can take up to one business day, with the funds deposited directly into your bank account.
What interest rates are offered?
The annual interest rates offered are 9% and below (maximum APR of 22%).
How long will it take to find out if I'm accepted?
Once your application is complete, you will receive a response by phone and/or email on the same business day.
What are the reasons why my application might be refused?
- Being in the process of bankruptcy or a consumer proposal
- Having accumulated several NSF (non-sufficient funds) payments in recent months
- Having an excessive debt load
- Providing incomplete, incorrect, or fraudulent documents or information
I am self-employed or work under a different arrangement than a traditional employee. Am I eligible?
Yes, however, you must meet all eligibility criteria, including having a stable income of at least $1,500.00 per month.
What happens if I'm unable to make my payment?
Please refer to the "Collections" section.
If you can't find the answer to your questions, please call us at (647) 560-2460 or email us at info@rapidecredit.ca
I filled out the application form, but it's not working?
First, please make sure that all fields are filled out correctly with the right information. Incorrect or incomplete information will automatically prevent the form from being submitted. If the problem persists, please email us info@rapidecredit.ca
Is it possible to get another cash advance even if I haven't finished paying off my current loan?
Absolutely, simply contact us to find out how much you can borrow with a new advance*.
*Instant bank verification (IBV) is required before each new cash advance.
Where can I find my balance or get my payment schedule?
By going to your customer area, "Customer Area".
You can also obtain this information by calling us at (647) 560-2460 or by writing to us at info@rapidecredit.ca
What are your opening hours?
Processing of requests
- Monday to Friday: 8:30 a.m. to 4:30 p.m.
- Saturday and Sunday: Closed
- Available online 24/7
Payment collection service
- Monday to Thursday: 8:30 a.m. to 4:30 p.m.
- Friday: 8:30 a.m. to 3:00 p.m.
- Saturday and Sunday: Closed
I don't have a fax machine. Where can I find one?
- Stationery store
- Post office
- Pharmacy
- Convenience store
- Your employer
- Bookstore
Many businesses have a fax machine that you can use.
How can I obtain a copy of my bank statement and/or a sample check?
- Through your online banking portal
- Directly at your bank branch
- By phone with your bank