1.Signed the contract 2. Receive your money the same day.
Fill out the form with a few details and submit your application to receive same-day funds.
Instant Bank Verification (IBV) allows you to borrow money without a credit check or submitting any documents.
Access your money and enjoy it immediately. Even signing the contract is done online!
Need money urgently? Finding $500 quickly can be crucial in certain unforeseen situations. If you have a variable credit line, here are some tips for accessing this amount quickly:
Reassess your budget:
Review your monthly expenses. Identify areas where you can temporarily cut back to free up funds.
Take out a cash advance on your credit card:
Check if your credit card allows cash advances. This can be fast, but always review the fees and interest charges beforehand.
Use your credit line:
Many financial institutions offer flexible credit lines with variable interest rates. Draw from your available credit line balance to cover short-term needs, but be sure to read the terms and repayment conditions.
Borrow from relatives or friends:
Sometimes, borrowing from someone close to you can be faster and interest-free. Ensure you repay quickly to maintain healthy relationships.
Sell unwanted items:
Sort through your belongings and sell items you no longer need. Online platforms or local markets can provide quick cash.
Take on temporary or freelance work:
Look for short-term jobs or online gigs to generate quick income.
Participate in online surveys or cashback programs:
Certain platforms offer small amounts of money or gift cards in exchange for surveys or purchases. While not large, these can help supplement your funds.
Use peer-to-peer lending apps:
Peer-to-peer platforms allow individuals to borrow directly from others under flexible terms. Carefully review the conditions before proceeding.
Take advantage of promotional offers or sign-up bonuses:
Some financial apps or services reward new users with cash incentives or bonuses. These can provide a small but useful boost.
Consult your financial institution:
Banks and credit unions often provide personalized credit line solutions. Schedule an appointment to explore your available options.
Variable credit is a flexible form of financing in which interest is calculated daily on the outstanding balance. Unlike fixed-rate solutions, where the cost is determined upfront for the entire term, variable credit adapts to the borrower’s repayment pace.
Daily interest calculation: you only pay interest on the actual balance owed each day.
Flexible repayment: you can repay at any time, without fees or penalties.
Reduced total cost: the faster you repay, the less interest you pay.
Open contract: no rigid repayment schedule—you remain in control of your payments.
✅ Repayment freedom: adjust your payments according to your budget and situation.
✅ Interest savings: early repayments = lower costs.
✅ No penalties: repaying faster never results in extra fees.
✅ Transparency: interest is always calculated only on the real outstanding balance.
💡 Variable credit is especially well-suited for those who want to stay in control of their debt while reducing the total cost of financing.
Elements | Details |
---|---|
Credit line amount (CA$) | From $300 to $3,000 (in increments of $100) |
Minimum duration | 62 days |
Frequency of payments | Weekly, bi-weekly, semi-monthly, or monthly (borrower’s choice) |
Maximum annual rate (APR) | 34.99% (including interest, origination fees, NSF, and late fees) |
Representative example | $1,000 credit line advance over 6 months, repaid bi-weekly (13 payments): interest of $128.20 + origination fee of $20. Total repayment: $1,148.20. APR: 32.50%. (Illustrative example) |
Late Fees / NSF | $45 per rejected payment (maximum 1 fee per missed payment) |
Early repayment | Allowed at any time, without penalty. Interest is recalculated daily on the remaining balance due. |