$500 Loan No Credit Check Canada: Kingcash is a loan lending company in Canada. Kingcash will give $500-$700 Instant Loan eligible Canadians. So, individuals who are looking for a company providing a $500 Loan No Credit Check can apply through Kingcash. The whole loan application process has been offered online which makes it a lot more convenient for consumers.
The loan amount ranges from 500 CAD to 700 CAD. The company does not check the credit score of individuals to offer money. Therefore, the APR on the amount borrowed from the lender is 22%. Scroll down the following article and get information regarding the urgent cash requirements, loan application process and more.
$500 Loan No Credit Check Canada
Kingcash is considered one of the best online loan-providing companies available for Canadians. The company offered borrowers 4 months or 120 days to return the borrowed $500 Loan No Credit Check Canada. The offer period is more than enough considering the available loan amount. The company tries its best to provide the loan on the same day as the approval of the $500-$700 Instant Loan application.
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Benefits of CAD 500 Loan No Credit Check
The following section includes detailed information regarding the benefits which is offered to borrowers who applied for the $500 Loan No Credit Check Canada. Below are the key benefits:
- No Credit Check Cash Loan: Even if the individuals have a bad credit score, they can still qualify with Kingcash $500 Loan No Credit Check. The company offers the loan without checking the credit check.
- Fast Cash Loan Approval: The requirement of money can be urgent. The company has stated on the official website that the money will be deposited in their account so long their application is approved by 2:30 PM EST.
- Paperless Cash Loan Application: The company is offering a wide range of installments which range from 3, 6 to 12 payments. The company serves the needs with a flexible payment schedule.
Eligibility Criteria to Get $500 Instant Loan Canada
Readers need to go through the required eligibility criteria before starting the loan application process. Below are the necessary $500 Loan No Credit Check Canada eligibility conditions set by the officials:
- Individuals should be Canadian citizens and their age should be more than 18 years old.
- Borrowers should have a Canadian bank account for a minimum of three months. The account must be the same account where their payroll deposits are made.
- Applicants should have a stable job for at least three months and a monthly income of a minimum of $1200.00 by direct deposit or cheque.
- They must have little or no non-sufficient funds transactions.
- Applicants must not be currently in bankruptcy or consumer proposal.
- The Kingcash loan is available for Canadian citizens residing in Ontario, Prince Edward Island, British Columbia, Nova Scotia, New Brunswick, Alberta, Nunavut, Northwest Territories or Newfoundland
- They must have a low short-term debt ratio (other valid short-term or payday loans are minimal).
How to apply for the Kingcash 500 Loan No Credit Check?
Let’s take a look at the following section showing a detailed guide to submitting the $500 Loan No Credit Check Application Form. The following is the step-by-step guide and the loan application process will be completed:
- First of all, search the website of the Kingcash using this link address: https://kingcash.ca/
- Shortly after searching the link, the home page of the website will open on the screen.
- After that, find and click the Get a Loan Now option attached at the top right side of the screen.
- Once, you tap the option, a new page will open on the screen.
- There you will have to provide some basic details and click the Start Now button.
- After that, the loan application form will open on the respective device.
- Start entering the details on the loan application form carefully.
- Now, you must recheck the whole application form and click the submit button.
- Lastly, the amount will be submitted once the application gets approved.
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Frequently Asked Questions
Which income sources are not accepted for a $500 Loan No Credit Check Loan?
The following income resources are not accepted for the above-mentioned loan:
Self-employment income, Social assistance, Student loans, CPP (Canada Pension Plan), Child tax benefits, Private pensions, Disability payments and Other income from insurance.
How much loan amount can I apply for?
New clients can qualify for an initial loan of up to $500, and as they establish a positive borrowing history with the lenders, they will become eligible for larger loan amounts up to $750.00.
How will I receive the $500-$700 Instant Loan?
The company is offering various methods to provide the loan fund i.e., Direct Deposit, Instant Deposit and e-Transfer.
