Creditmatik offers $500 to $1,500 with no credit check in Quebec and Ontario, with income-based approval (IBV) and same-day funding. Credit access requires a paid membership of $3.53 per day billed weekly, so the total cost of borrowing is higher than the advertised interest rate alone - compare carefully before applying.
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
Best for
Borrowers with non-traditional or benefit income (EI, pensions, disability, parental benefits) who need a small amount fast and cannot pass a credit check
Not for
Anyone seeking the lowest-cost credit, amounts above $1,500, or who would rather not pay a recurring membership fee to access credit
What we like
No credit check at any stage - approval is based on income and repayment ability, verified by IBV
Very broad accepted-income list, including EI, pensions, disability, parental and workplace-compensation benefits
Fast, fully online process: two-minute application, same-day deposit when approved before the daily cut-off
Where it could improve
Credit access requires a paid membership of $3.53 per day (billed weekly) on top of interest
Maximum amount is $1,500, small even within the fast-credit category
No single all-in cost-of-borrowing figure is published, and the corporate legal name and licensing details are not shown on the site
Products offered
Each product is priced separately. Compare them below.
Good to know: Ontario product page and application: https://creditmatik.ca/on/en. No credit check; approval is income-based via Instant Bank Verification (IBV); same-day deposit when approved before 2:30 p.m. Accepted income includes salaried, self-employment, pensions (OAS, GIS, CPP), Employment Insurance, ODSP and WSIB. Minimum income $2,500/month (site FAQ says net; partner sheet says gross - under verification). Rate fields intentionally blank pending compliance review of total borrowing cost including the mandatory membership fee.
Good to know: Page produit et demande pour le Québec : https://creditmatik.ca/qc/fr. Solution de crédit rapide sans enquête de crédit; approbation fondée sur le revenu, vérifiée par vérification bancaire instantanée (VBI/IBV); dépôt le jour même possible. Critères : 18 ans ou plus; résider au Québec; être employé depuis au moins trois mois et/ou recevoir un revenu admissible; recevoir son revenu par dépôt direct dans une institution bancaire canadienne; ne pas être en situation d'insolvabilité; revenu mensuel net minimum de 1 500 $. Revenus admissibles : emploi salarié, RQAP, CNESST, SAAQ, allocations de solidarité (invalidité ou revenu), pensions variées, travailleur autonome, PSV, SRG, RPC, assurance-emploi (AE). Champs de taux volontairement vides en attendant la vérification du coût total, incluant les frais d'adhésion obligatoires.
See if you qualify
Four questions checked against Creditmatik's published criteria, per product. No application started.
Answer the questions to check Creditmatik's published criteria
Educational check against published criteria. Not an approval or offer.
Eligibility and documents
Creditmatik publishes a clear, income-based gate: age, residency, three months of employment or an eligible income, direct deposit, and a minimum monthly income that differs by province. Credit history is explicitly not part of the decision.
Who qualifies
Age
18 or older
Residency
Quebec or Ontario
Income
Minimum $1,500/month net (QC) or $2,500/month (ON)
Employment
Employed 3+ months and/or receiving an eligible income
Banking
Income paid by direct deposit into a Canadian bank account
Head office7750 Cousineau Blvd, Suite 302, Saint-Hubert, QC J3Z 0C8
Support and hours
ChannelsPhone
Awards earned by Creditmatik
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Common questions about Creditmatik
What is Creditmatik?
Creditmatik (creditmatik.ca) is a Canadian online credit service offering fast financing of $500 to $1,500 with no credit check, available to residents of Quebec and Ontario. Access to its fast credit is part of a paid membership that also includes credit monitoring, merchant discounts and other financial tools.
What are the eligibility requirements in Quebec?
To qualify in Quebec you must: be at least 18 years old; reside in Quebec; have been employed for at least three months and/or receive an eligible income; receive your income by direct deposit into a Canadian financial institution; not be insolvent; and have a minimum net monthly income of $1,500.
What are the eligibility requirements in Ontario?
To qualify in Ontario you must: be at least 18 years old; reside in Ontario; have been employed for at least three months and/or receive an eligible income; receive your income by direct deposit into a Canadian financial institution; not be insolvent; and have a minimum monthly income of $2,500.
What types of income does Creditmatik accept?
Creditmatik accepts a wide range of income sources. In Quebec: employment income, parental insurance (RQAP), CNESST and SAAQ compensation, solidarity benefits (disability or basic income), pension plans, self-employment income, government pensions (OAS, GIS, CPP) and Employment Insurance. In Ontario: salaried income, various pensions, self-employment income, ODSP, OAS, GIS, CPP, Employment Insurance and WSIB.
Does Creditmatik check your credit?
No. Creditmatik never runs credit checks. Approval is based on your current income and ability to repay, verified through secure Instant Bank Verification (IBV). The company states that your credit history will never be the reason an application is declined.
How much does the Creditmatik membership cost?
The membership costs $3.53 per day, charged on a weekly basis, per the company's published FAQ. Only members can request fast credit of up to $1,500. The membership also includes Equifax Complete Premier credit monitoring, identity-theft protection, merchant discounts and access to other financial tools.
How fast will I receive the money?
In most cases funds are deposited by Interac e-Transfer the same day the request is approved - in Ontario, same-day deposit applies to applications completed and approved before 2:30 p.m. Depending on your financial institution, the deposit can take 24 to 48 business hours.
Is Creditmatik a payday lender?
No. Creditmatik states it does not offer payday loans. It offers a flexible credit alternative repaid over several installments rather than in a single lump sum on your next payday, which the company positions as easier to budget and less risky than a traditional payday loan.
Creditmatik · $500 - $1,500 · 2 products · funding in 24 hoursApply Now
Creditmatik Review 2026
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