Steps To Getting A Cash Advance In Canada

By Author: stallion.ca
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Maybe you're facing an emergency plumbing repair job in your home that you can't afford. Maybe you need to buy something for your child's school or maybe your check was too small this week to cover all of your bills. No matter what the reason you can take advantage of the Canadian cash advance lenders who can provide you with the money you need until your next payday rolls around. If this sounds like something you need, below are the quick and easy steps to follow.

Step 1: Find a Cash Advance Lender
Chances are good that you've probably driven past one or more of these cash advance lenders on your way home from work since they are located throughout the country. However, if you prefer to apply for a cash advance through the privacy of your home computer, many lenders offer that option as well. You can do a simple Google search for cash advance in Canada or for payday loans in your province.

Step 2: Complete the Application for Cash Advance
Whether you choose to apply for a cash advance in person or online, you will need to first complete an application. Most of these forms are quite brief ...
... but do ask you some important questions. For example, you will probably be asked to supply at least two personal references, as well as information about your current employer (which will be contacted to verify employment) and your social insurance number. Generally, your cash advance application will also include questions about whether or not your wages are being garnished, you have ever filed bankruptcy in the past, or you have other outstanding cash advance loans elsewhere.

Step 3: Provide Required Documentation for Cash Advance
Although the cash advance lenders do vary a little in the documentation needed, you can generally bet that they will require mostly the same materials. For example, you will definitely need to supply your most recent pay stub. Keep in mind that you must have worked or earned money from the same place for at least the last three months before qualifying through most lenders.

In addition to the pay stub, most cash advance lenders want to see your bank statement as well. The purpose of this statement is to prove that you do have an active checking account. Remember your loan will be paid through this account.

Additionally, most cash advance lenders want to see some type of bill that will show where you live. That's because they need to be able to find you if your check comes back unpaid.

Step 4: Agreed Repayment of Cash Advance
With most Canadian cash advance services, the amount of your loan and the fees are automatically deducted from your checking account on the day specified. If you cannot make the payment as scheduled, most of the lenders in Canada will over to let you rollover or extend your cash advance by paying some or all of the associated fees with the first loan. While this can be helpful, remember you will end up paying more as a result.

If you need a short term cash advance quickly because you are short on money and are not due to receive a paycheck for at least a week, www.stallionpaydayloans.ca can satisfy your Payday loans needs. With prompt approval and great customer service, receiving an online Payday loan or cash advance is just a click away!