Money Mart may collect and verify your personal information.
What do you need to apply for a loan:
- First and Last Name;
- Mailing Address;
- E-mail Address;
- Phone Number;
- Valid government-issued photo ID;
- Social Insurance Number;
- Valid chequing account and a recent bank statement;
- Billing and credit card information.
You may be asked to provide additional documents and details when you apply.
Application details
Applicants are provided with an instant decision about payday loans and the same-day decision regarding installment loan issuance upon the application submission.
Reasons for rejection
The system analyses the client's income, bill payments, credit history, payments to other credit companies, and other factors and may reject the loan application for one or several of these reasons.
How to apply for a loan?
Visit the Money Mart website and choose the amount and the type of a loan.
Select the required province, term, and payment frequency. After that, the system will show the monthly payment amount and the loan details.
Click on "APPLY NOW".
Fill in your personal and contact information, including your first name, last name, date of birth, Social Insurance Number, current address, active email address, and mobile phone number. You also need to state whether you rent or own a home. After that, click on the "Next" button.
The next stage requires information about your financial situation. The income is significant. You need to specify such things as the employment status, the name and address of the employer (if applicable), how much you earn after taxes each month, and when you are paid next time.
Once the application has been submitted, Money Mart will check your details with third-party sources. If it believes you are trustworthy for receiving a loan, you will get a pre-approval offer on-screen. It will determine how much you can borrow and what interest rate you will pay on the loan.
Enter your chequing account details.
Read the digital loan agreement, and pay particular attention to any additional fees that might be charged. Once the agreement is signed, Money Mart transfers the funds with the specified method.
