Variable credit
Mon Petit Prêt is a company offering an alternative financing service to all Canadians wishing to obtain a credit facility in the form of variable credit. A fixed weekly membership fee is applicable until the borrowed capital is fully repaid and varies only according to the repayment period. Please note that no payment or advance is required upon signing the contract. Do not hesitate to contact us and one of our advisors will be pleased to tell you the total amount of membership fees applicable according to the credit limit you wish to obtain.
**Membership fees are payable as long as there is a balance to pay on your credit facility.
The approval process
How does online micro-lending work?
3 étapes faciles
submit the necessary
documentation
in less than an hour
d’une heure
money
Eligibility Criteria
- Be 18 years of age or older
- Be a resident of Canada
- Have a stable job
- Receive your salary by direct deposit into a Canadian bank account
- Have a minimum net income of $1500 per month
- Not have made a consumer proposal, debt consolidation or bankruptcy within the last 30 days or be considering a consumer proposal, debt consolidation or bankruptcy within the next 6 months
Required documents
- Instant Bank Verification (IBV)
- Recent pay stub
- Identification document (driver’s license, health insurance card or passport)
- Social Insurance Number
- Proof of residence (Any bill or document showing the same address as your profile)
Sources of income not accepted
- Social solidarity (If net income is less than $1200 per month)
- Support payments
- Loans and grants