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Eligibility Criteria and Rate

Eligibility Criteria for a Quick Loan Approval from Crédit Yamaska

Crédit Yamaska offers flexible eligibility criteria. Our goal is to accept the largest number of loan applications in order to help you with your financial problems.

  • Admission criterias:
  • Be 18 years old and older
  • Have a steady job with 4 months of experience;
  • Be paid by direct deposit;
  • Work in the province of Quebec;
  • Not be self-employed person;
  • Not be under an undischarged bankruptcy or an unsatisfied consumer proposal or about to be.
  • Required documents :
  • Bank statement of the last 4 weeks;
  • Last pay stub;
  • A copy of an identity card with picture: driving license, health insurance card or passport;
  • A void cheque or a debit authorization form from your financial institution;
  • Application form duly completed.

Our interest rate

By contracting a loan with Crédit Yamaska, you agree to repay the following amounts:

The net capital
Annual Interest Rate (APR)

Crédit Yamaska offers personal loans at rates ranging from 15.47% to 32% annually, depending on the client’s record. Other amounts may be added to the borrowed capital. This amount will be remitted, in whole or in part, to an agent or an independent broker used by the client.

Loans can be reimbursed within 3 months.

Refund example for a $500 loan: 12 payments of $62.50, for a total of $750.

This example is for information purposes only and may vary according to the agreement signed with a broker, agent or one of our representatives.

  • For a bounced payment, an administration fee of $40.00 will be added.
  • For a postponed payment, an administration fee of $25.00 will be added.
  • In the event of non-payment, the file is transferred to the recovery department
  • Monthly payments may vary depending on the lending institution, the loan amount and loan length

Recovery department

  • The recovery department will contact you in the event of non-payment, to make a payment arrangement.
  • Any legal expenses incurred to recover the debt will be added to the borrower’s expenses.

If you use the short-term loan for a financial emergency, that may be a good solution for you. However, we recommend you meet with your financial institution, since their interest rates are lower. Please be responsible.

Taux d’intérêt annuel (APR)
Crédit Yamaska offre des prêts personnels a des taux variant de 15,47% a 32% annuel. Un montant forfaitaire, variant selon le dossier du client, peut être ajouter au capital emprunté. Ce montant pourra être remis, en tout ou en partie, à un agent, un mandataire ou une courtier indépendant utilisé par le client.
Les prêts peuvent être remboursés sur une période de 3 mois.
Exemple de remboursement pour un prêt de 500$ : 12 paiements de 62,50$, pour un total de 750$.
Cet exemple est seulement à titre indicatif, et peut varier selon l’entente signée avec un courtier, agent ou l’un de nos mandataires.

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