How To Get Payday Loans For People On Disability In B.C. (With No Credit Check)
According to the British Columbia Government, “Of the 2.8 million British Columbians between the ages of 15 and 64 in 2006, 12.8% (or 355,430) indicated they had a disability.” With these numbers continuing to grow with the population, it’s important that disability benefits and loan application education are accessible for those who need it.
Below we will be discussing how to get a payday loan from Loan Express if you are on disability in British Columbia with no credit check required.
What are PWD Benefits?
PWD, also known as Persons With Disabilities, is a form of financial assistance provided by the Ministry of Social Development and Poverty Reduction in British Columbia for those who need help with daily living activities. Eligibility is assessed based on your income, residency, assets, and family status, amongst other factors.
You can earn up to $1,378 a month if you are a single PWD beneficiary with no dependents, and you may receive more if you have dependents. A bus pass or transportation supplement will be added to your benefits, and you are eligible for a range of other supplements.
Who Qualifies for B.C. PWD Benefits?
You qualify for the British Columbia PWD benefits if:
- You meet the financial eligibility to receive assistance.
- You are 18 years of age or older.
- You have a severe mental or physical impairment that is expected to last for more than two years.
- You are restricted in your ability to perform day-to-day activities.
- You require assistance from another person, a device, or a service animal.
Types Of Income Accepted For Getting Payday Loans in British Columbia
To qualify for a payday loan in British Columbia, you must be at least 18 years old, be a Canadian citizen, and have regular income deposited into a bank account that you’d had open and in operation for at least 30 days.
You can qualify for a loan if you regularly deposit government tax credits into your bank account, such as CTC, CPP, Pension or Disability. Even if you have a bad credit history in British Columbia or anywhere else in Canada, it won’t affect your loan with Loan Express. So if you have bad credit, you can still apply to get up to $1500.
Loan Express sees all forms of social benefits as an acceptable form of income to qualify for a payday loan.
What Do You Need to Know Before Applying for a Payday Loan?
Before applying for a payday loan, you should know what to expect. You must meet the Loan Express requirements. You must:
- Be 18 years of age or older.
- Have a bank account open and in use for at least 30 days.
- Receive CTC, CPP, Pension, Disability or payroll that is on direct deposit.
Once you have your funds, you can spend the money any way you desire, and repaying the loan is just as easy as receiving it. On your agreed-upon date, which is often the time of your next paycheque or benefit deposit, the loan and any interest charges will be taken out of your account. Regarding fees, Loan Express is entirely transparent, so there is no need to worry about a surprise charge.
How Much Can I Borrow?
Whatever you need money for, Loan Express is here for you with online smart loans of up to $1,500. This is the maximum amount you can borrow at a time. To apply for a payday loan, you must complete the simple online application form and choose how much money you would like to borrow. After that, you wait as little as ten minutes to approve your request, and the money will be in your account within 5 minutes.
Our Process
Aligning your paycheck with monthly outgoings is hard, especially when unexpected bills fall on your doorstep. If you need quick cash or do not qualify for a traditional loan from a bank, join the thousands of Canadians using payday loans.
From car repairs and family emergencies to a much-needed splurge at the mall, Loan Express helps you cover expenses before your next paycheck arrives.
To apply with Loan Express, you must:
- Be 18 years of age or older.
- Have a bank account open and in use for at least 30 days.
- Receive CTC, CPP, Pension, Disability or Payroll that is on Direct Deposit.
Good credit or bad credit, everyone is eligible. In fact, we will never decline an application based on credit history or a credit score!
Paying back your loan is simple and flexible. When you apply for a loan with Loan Express, you work solely with us, from funding and repayment – there is no middleman. We automatically debit the money from your bank account on the agreed-upon date. Unless Provincial laws state otherwise, this will be when you receive your next pay cheque.
Your loan will be automatically repaid when you receive your next paycheck. Depending on your pay cycle and province of residence, this could be up to 62 days. Provinces that may require repayment over more than one pay date include Alberta, British Columbia, and Ontario.
How Can I Get an Instant Loan in 5 Minutes?
Loan Express provides short-term cash advances to Canadians in need of funds. Whether you need to replace a household appliance, cover your dog’s medical bill, or pay an apartment deposit, Loan Express settles your unexpected costs immediately!
Our smart loans of up to $1,500 help you cover expenses that can’t wait until your next paycheck – a quick and easy alternative to loans offered by banks and financial institutions.
Better still, we put the money in your account within just 5 minutes. Fast, easy, and secure, our instant loans put your finances back on track. Complete the short online application and take control of your finances today.