Instant Loan with No Refusal

Do you urgently need cash but are hesitant to approach the bank due to your credit history?All because you have bad credit and do not know how long it will take. If you find yourself in this situation, don’t worry. Instant loans with no refusal have got you covered.

What is an instant loan with no refusal?

An instant loan with no refusal is a quick, short-term loan where no credit check is done before issuing the loan. There are online loans no credit check instant approval in Canada. The lender cannot reject a loan application under any circumstances because of a bad credit score for this type of loan. The lender relies on other criteria rather than a credit score to offer a loan. Once your loan application is approved, you will receive your money in your account in less than 24 hours.

Why apply for this instant loan with no refusal in Canada?

Traditional financial institutions like banks look at your credit score and credit history to determine if you qualify for a loan.If you have a good credit score and an excellent credit history, you’ll receive approval quickly. On the flip side, if you have a bad credit score, no bank will lend you money.

In such cases, you can turn to private lenders offering instant loans with no refusal. With them, a bad credit score and history are not looked at when lending.

How to apply for an instant loan with no refusal?

The application process for an instant loan with no refusal is straightforward. You only need to do an online application. The documents you will need to submit are:

  • Proof of your social insurance number
  • Proof of address. Should be living at the same address for the past 6 months
  • 2 recent photo identification
  • Last 2 pay stubs
  • Bank statements for the past 90 days
  • A voided cheque

Why choose Mynextpay?

MyNextPay knows the difficulty of accessing loans if you have a bad credit score. We pride ourselves on being the lender who offers quick, short-term loans to anyone with bad credit. We don’t charge upfront fees to open a file, conduct credit checks, have hidden charges, and we approve loans within 24 hours.

We have over 12 years of experience in this industry. Whether it is an instant loan with no refusal, debt consolidation, no credit check loan, fast cash loans, short-term loans, personal loans, or payday loans, we got you covered. Getting a loan with us is easy. Give us a try today

How to repay the loan

We offer instant loans with no refusal ranging from $300 to $3000, along with flexible repayment options. There are two options on how to pay. In the first option, you can repay your loan by paying $15 of interest per $100 of principal. With this option, the maximum repayment period is 2 years. You can either repay some principal or on your next payday following your loan application.

For the other option, you repay the principal along with the full interest. This method is best if you have a small amount. With larger loans, it is best to use the first option. 

Frequently asked questions (FAQ)

What is an instant loan with no refusal?

As the name suggests, it is an instant loan that you get upon providing all the documentation necessary for processing your loan, and there is no refusal to your application.


What are the prerequisites for receiving an instant loan with no refusal?

To get approved for an instant loan with no refusal, you will need :

  1. your social insurance number
  2. a proof of address
  3. 2 photo IDs
  4. your last two pay stubs
  5. and your bank statement for the past 90 days.

How can I improve my credit rating?

Your financial health is measured using your credit score. A good score shows you are responsible with credit, and it makes it easy for you to qualify for new lines of credit. 

If you do not have a good credit rating, you can always work on it. To do this, start by paying all your bills on time, avoid hard inquiries on new credit, consider consolidating your debts, and lastly, use credit monitoring services to track your credit score.

How much can I borrow?

You can borrow from $300- $3000. Get an instant loan with no refusal today, thanks to MyNextPay.