Loan Approval
Who can get a loan with Simple Financial?
To qualify, you must:
- Be at least 18 years old
- Live in Ontario
- Have a steady income (employment, government assistance, or pension)
- Have an active Canadian bank account
Can I apply if I’m self-employed or on government benefits?
Yes! We accept various income sources, including self-employment, ODSP, CPP, EI, and more.
Your ability to repay is what matters most.
Can I apply if I have bad credit?
Absolutely. Bad credit is not a barrier at Simple Financial.
We don’t run credit checks, and we have a no credit refusal policy.
Your application is reviewed based on your income and ability to repay—not your credit score.
How long does it take to get approved?
Most applications are approved within minutes.
In some cases, we may ask for additional documents to verify your information, but the process is still quick and straightforward.
© All Copyright 2025 by Simple Financial All Rights Reserved.Terms & ConditionsPrivacy Policy
This help page and the information provided here are solely for informational and discussion purposes; they do not constitute recommendations or any other type of advice. These loans are intended for individuals who fully understand and are prepared to manage the associated financial responsibilities.