How it works
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
Our approval process is based on the documents you provide to us in order to assess your ability to repay. We use our own analysis techniques and expertise to evaluate your request and not to impact your credit file.
How does online micro-lending work?
If you need to borrow an amount of $1500 or less, anyone can obtain financing online in a simple, fast and confidential way. At Mon Petit Prêt, we do not take into consideration your credit history. Whether it’s for a project, an unexpected expense or to pay a bill, quickly obtain a credit facility ranging from $250 to $1500. You can complete your application online here or contact us for more information.
Get your loan in 3 easy steps
3 étapes faciles
3 étapes faciles
Fill out the form and
submit the necessary
documentation
submit the necessary
documentation
Get your approval
in less than an hour
d’une heure
in less than an hour
d’une heure
Enjoy your
money
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
