1. Role of I Need Money Today (ineedmoneytoday.ca)
I Need Money Today (“we”, “us”, or “our”) operates the website ineedmoneytoday.ca as an online Canadian loan broker and referral platform. We connect prospective Canadian borrowers with participating third-party lenders offering short-term personal, emergency, payday, and installment loans ranging from $300 to $3,000 CAD.
2. Eligibility & Income Verification Criteria
By submitting an online loan request on ineedmoneytoday.ca, you confirm that you are at least 18 years of age (or the legal age of majority in your province of residence), a Canadian resident, earn a steady verifiable income for at least 90 consecutive days, and hold an open Canadian bank account supporting Interac e-Transfer.
3. Instant Bank Verification (IBV) & Credit Inquiries
Our application process utilizes encrypted read-only Instant Bank Verification (IBV) to evaluate your current income and cash-flow stability rather than performing traditional hard credit inquiries with Equifax or TransUnion. Your banking credentials are never stored by our platform.
4. Loan Amounts, Provincial Availability & Repayments
Approved loan amounts ($300 to $3,000 CAD), repayment terms, and applicable interest or brokerage fees vary by province and individual affordability assessment. First-time borrowers typically qualify for $300 to $1,000, while returning borrowers with a positive repayment history may qualify for up to $3,000. All loans may be repaid early in part or in full at any time without prepayment penalties.
5. Late Payments & Proactive Support
Scheduled installments are collected via Pre-Authorized Debit (PAD) aligned with your pay cycle. If you anticipate difficulty meeting a scheduled payment, you agree to notify our support desk at (888) 632-2713 or info@ineedmoneytoday.ca at least 48 business hours prior to your due date.
