Personal Loan
How It Works
Most frequent questions and answers
A personal loan is a fixed-amount loan that you repay over time with scheduled payments.
You can borrow up to $3,500 with one co-signer or up to $5,000 with two co-signers.
You will need to provide the following: –
- Latest 2 months bank statement
- Pre-authorized debit form
- Valid government-issued ID
- Latest pay stub
Co-signers can submit their form at: https://xcash.ca/co-signer-form . The co-signer also needs to be employed full time and same documents are needed to apply.
Additional FAQ
Personal loans are repaid over 1–2 years with biweekly payments.
You and your co-signer can apply for a personal loan online through our application forms. However, if you need assistance—such as connecting your online bank statements—you’re welcome to visit our office during business hours, and we’ll be happy to help. Please note that the online application is much faster, and the processing time is the same for both in-person and online submissions.
