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Credit Club is a fully licensed Canadian lender that’s been helping people since 2012. They’ve served more than 250,000 customers and have released over $100 million in funding. Their fast online process and excellent Trustpilot rating (4.8 out of 5) show how much Canadians trust their service.
Smarter Loans Expert Review for Credit Club
Reviewed by: Vlad Sherbatov, Personal Finance Analyst at Smarter Loans
Our Take
Credit Club is a well-established Canadian short-term lender that focuses on speed, simplicity, and privacy. Licensed and operating since 2012, the company has served more than 250,000 customers and funded over $100 million, primarily through payday-style loans designed to handle short-term cash needs.
Credit Club’s value proposition is clear. The application is fully online, there are no credit checks, and approved funds are delivered instantly via e-Transfer. For borrowers who need quick access to a small amount of money and do not want their credit score involved, Credit Club delivers a predictable and streamlined experience.
This is not a lender built for long-term borrowing or credit improvement. It is designed to help Canadians bridge short gaps between paydays when unexpected expenses arise.
Who Credit Club Works Best For
Credit Club works best for Canadians who need a small amount of money quickly and have limited access to traditional credit. It is particularly suitable for borrowers with steady income who may have poor or limited credit history and want a fast, no-friction option.
It is also a fit for borrowers who prioritize privacy and speed. With instant e-Transfer funding and no credit checks, the process is discreet and efficient.
Credit Club is less suitable for borrowers who need more than $1,500, want longer repayment terms, or are looking to reduce the overall cost of borrowing. It should not be used as a recurring solution for ongoing financial shortfalls.
What We Like
Speed is the standout feature. Once approved, funds can arrive within minutes via instant e-Transfer, which is among the fastest delivery times in the category.
We also appreciate the straightforward pricing. The cost of borrowing is clearly stated at $14 per $100 borrowed, which aligns with regulated payday lending standards. There are no hidden fees or complex interest calculations.
Another positive is accessibility. Credit Club does not rely on credit scores and instead focuses on income and banking history, making it accessible to a wide range of borrowers.
Where Credit Club Could Improve
Cost is the primary drawback. Payday loans are expensive by nature, and carrying the loan for the full term can significantly increase the effective cost of borrowing.
Loan size is also limited. With a maximum of $1,500 and terms of up to 62 days, Credit Club is only appropriate for short-term needs.
Finally, Credit Club does not offer a credit-building component. Responsible repayment generally does not translate into improved credit scores.
Is Credit Club Right For You?
Credit Club can be a practical option if you need fast access to a small amount of money and have no lower-cost alternatives available. It works best as a one-time bridge for short-term expenses, not as a financial strategy.
If you qualify for installment loans, lines of credit, or low-fee cash advance apps, those options will usually be more affordable. But when speed, privacy, and simplicity matter most, Credit Club offers a reliable and well-established payday lending solution for Canadians.
Products Offered
AMOUNT
$100 - $1,500
INTEREST RATE
$14/$100 borrowed
TERMS
Up to 62 days
Payday Loans
Conditions & Rate
Interest Rate
- The cost is $14 for every $100 borrowed.
Amount
- $100 – $1500
Term
- Up to 62 days
Eligibility & Documents
Who is eligible?
- You must be at least 18 years old
- Have a Canadian bank account
- Steady source of income
- Valid email address and phone number
- You must complete an online application
How do you qualify?
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Credit Club doesn’t run credit checks, so approval depends mainly on your income and banking history, not your credit score.
Repayment & Issuance
How fast can you get the money?
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Once approved, funds are sent directly to your account within minutes via instant e-Transfer.
Funding method
- Funding is done by email money transfer.
Contact information
info@creditclubloans.com- 15 Gamelin, Suite 401 Gatineau, Québec J8Y 6N5
Availability:
British Columbia, Ontario, Nova ScotiaSupport Offered:
- FAQs
- Email Support
- Call Centre
Call Center:
Monday to Saturday 8:30 am - 4:30 pmFrequently Asked Questions About Credit Club
Who is Credit Club?
How much can I borrow?
You can borrow anywhere from $100 to $1,500, depending on your income and eligibility. These loans are designed to help with immediate financial needs until your next payday.
How do I receive my money?
Once approved, the funds are sent directly to your bank account through a secure email money transfer. You’ll be able to access the money almost immediately.
Is Credit Club safe and legitimate?
Yes. Credit Club is a licensed direct lender operating in Ontario, British Columbia, and Nova Scotia. They comply with all provincial regulations and have thousands of verified customer reviews that speak to their credibility.
What are the eligibility requirements?
You must be at least 18 years old, have a Canadian bank account, a steady source of income, and a valid email address and phone number to receive your funds.
How much does it cost to borrow?
The cost is $14 for every $100 borrowed, which aligns with the standard payday loan rate in Canada. Credit Club is transparent about fees, and you can use their free payday loan calculator to estimate the total repayment amount before applying.
What does Credit Club do?
They provide short-term payday loans to Canadians who need quick access to cash. Applications are completed online, approvals are instant, and funds are sent by email money transfer within minutes.
How long does the process take?
The application takes about 15 minutes to complete, and most customers are approved instantly. Once approved, you’ll receive your funds the same day, often within five minutes of signing your loan agreement.
When do I have to repay the loan?
Most loans are repaid on your next payday or within 14 days. Customers who qualify can also set up installment payments, especially if they’ve taken multiple loans within a short period.
Do they check credit?
No, Credit Club does not run credit checks during the application process. Approval is based on your income and banking information, not your credit score.
Do I need to submit documents?
No paperwork is required. Everything is done online, no faxing or uploading documents.
Credit Club Reviews
Avg. Rating: 5.0 (4 reviews)
Nothing but good things t...
“I have used this service several times. Every time I have needed it it has been consistently quick to apply, quick to approve, and quick to receive the money. It was especially good that repeat customers are able to have an E transfer done of the funds within 2 to ...”
Thanks Credit Club
“I have never had an issue with them. Quick service. They are perfect for those short term needs”
Great Experience
“Such a great experience. No waiting. Its fast and reliable. Would definitely recommend to others.”
Highly recommended
“The best service, always super helpful friendly and super efficient and fast at responding. My first choice when needing a bit of extra cash. Thanks Credit Club.”
