HOW IT WORKS
Applying for a payday loan at Faster Payday Loans is designed to be quick and stress-free. Here’s a step-by-step breakdown of our simple process:
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Submit Your Online Application: Start by filling out our easy-to-use online form, which only takes a few minutes. You’ll be asked for basic details, including your personal information, employment status, income, and banking details. Our goal is to collect just the information we need to approve your loan as quickly as possible.
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Instant Decision: Once you submit your application, our system immediately reviews your details. Thanks to our advanced automated technology, you’ll receive an instant approval decision within minutes. There’s no need to wait for a manual review, and there’s no lengthy approval process. Our automated system does the hard work for you.
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Receive Your Funds: If approved, the funds will be deposited directly into your bank account, often on the same day or within hours. We know time is of the essence when it comes to payday loans, so we’ve built our system to be as fast as possible. Repayment is also made easy—your payment will be automatically scheduled on your next payday, ensuring that everything runs smoothly without extra effort on your part.
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Faster Payday Loans makes borrowing money simple, fast, and transparent. Our fully online platform means you can apply from the comfort of your home or anywhere with an internet connection, without the need to visit a store or speak with a lender directly. We’ve designed our system to offer maximum convenience for our customers in Ontario.​