Same day loans instantly have been devised keeping in mind how fast the payment can be made. This is why there is no provision of faxing. Nor is there any provision of credit verification. The borrowers, who have tarnished their credit history with less payment, late payment, defaults, arrears etc, are eligible for this kind of loans program. Collateral is also not necessary. The finance providers do not intervene into how the borrowers would make use of the cash received from same day loans instantly. It is guaranteed that the borrowers will get the cash deposited with their bank account within the same day.

The loan seekers must have savings account to be eligible for same day loans instantly. They must be adult citizens of Canada. It is necessary that their monthly earning is not less than $1000 and that they are employed in an authorized establishment.