Get the money you need deposited directly to your account within hours of approval.
No Credit Score Needed
Past financial challenges won't hold you back. We look at your current situation, not your credit history.
Fully Secure Application
Bank-level encryption protects your information throughout our simple online process.
Canadian-Owned
We're proudly Canadian, understanding the unique financial needs of our fellow citizens.
How It Works
Apply Online in Minutes
Complete our simple application form from any device. No paperwork, no hassle, and no complicated questions.
Connect Your Bank Securely
Link your bank account using our encrypted connection. No documents required and your information stays protected.
Get Approved & Funded Today
Receive your funds directly to your bank account the same day. Most customers see money within hours of approval.
About LuxLoans
Our Mission
LuxLoans was created to give Canadians a fast, respectful option when life throws curveballs. Whether it's an unexpected bill or a shortfall between paydays — we make it easy to borrow with confidence.
Your Privacy
We maintain strict confidentiality with all applications. Your information is secured with enterprise-grade encryption and never shared with unauthorized parties.
No Judgment
Financial challenges happen to everyone. Our team treats every applicant with respect and dignity, regardless of your situation or credit history.
Frequently Asked Questions
What are the qualification requirements?
To qualify, you must:
Be a Canadian citizen
Be at least 18 years old
Receive a bi-weekly or monthly income via direct deposit
Maintain steady employment for at least 3 months
Own a Canadian bank account with at least 3 months of transaction history
Not be in or nearing bankruptcy or a consumer proposal
Have few or no NSF (insufficient funds) transactions
Avoid stop payments on existing loans
Keep a low short-term debt ratio
Ensure total loan repayments do not exceed your paycheck
How fast do I get the money?
Most loans are funded within a few hours of approval. Once approved and then verified, funds are sent immediately to your bank account. Depending on your bank, you'll typically receive the money the same day.
Do I need good credit?
No credit score is required to apply. We look at your current financial situation rather than past credit history, making our loans accessible to many Canadians who might not qualify elsewhere.
Is the application safe?
Yes, we use encrypted technology for all bank connections. Your personal and financial information is protected with bank-level security measures throughout the entire process.
What is Instant Banking Verification (IBV)?
IBV is a secure process that allows us viewing privileges to your bank account for a quick decision on your loan application. Your personal information remains safe, and we never log in to your account or see your ID/password information. It's a fast and secure way to get your loan approved.
Are all payments eligible for a deferral?
Unfortunately, the first and last payments of your loan cannot be deferred. Additionally, we cannot defer your next payment if you missed the previous one or defer two consecutive payments.
How much can I borrow?
From $100 to $1,500 depending on eligibility. New customers typically qualify for lower amounts, with increased limits available after successful repayments.
Who is eligible to apply for a loan with LuxLoans?
You must be at least 18, live in Canada, and earn your income through traditional employment (not EI, CERB, disability, or self-employment). Your pay must be deposited into a personal bank account.
What Our Customers Say
Jessica R.
"Super easy and no stress. I applied in the morning and had money by noon. The process was incredibly smooth!"
Michael D.
"Didn't think I'd qualify, but LuxLoans made it simple. No judgmental questions, just help when I needed it most."
Maria T.
"Their customer service was outstanding. Got approved quickly and the money helped me fix my car without waiting until payday."
Allen G.
"The whole process was smooth from start to finish. Got approved the same day and it really helped me cover an unexpected bill without the usual stress."
Get In Touch
Whether you have a question about your loan application or simply need more information, the LuxLoans team is here to help.
Our friendly and knowledgeable support staff is committed to guiding you through every step of the process—quickly, professionally, and with complete confidentiality.
Reach out anytime, and we’ll get back to you promptly—usually within one business day.
Monday – Friday 9am – 5pm EST
(604) 674-7228
Applications Accepted 24/7
team@luxloans.ca
Loan Terms and Borrowing Costs
At LuxLoans, we believe in complete transparency regarding our loan terms and costs. Below you'll find important information about our lending policies.
Minimum and Maximum Repayment Period
LuxLoans offers flexible repayment terms ranging from 8 to 12 weeks, with most loans structured as 6 biweekly payments. Borrowers may repay early at any time without penalty.
Example Loan Breakdown
Loan Amount: $500
Repayment Frequency: Biweekly
Payment Amount: $120
Annual Percentage Rate (APR): 28%
Final loan terms will be provided upon approval and may vary based on lender assessment.
Non-Payment Policy
In the event of default, LuxLoans reserves the right to pursue all legal and collection remedies permitted under Canadian consumer credit laws.
Legal Information
Loan Terms
Loans are subject to approval. Terms and conditions apply. Interest rates and fees will be clearly disclosed before acceptance.
Privacy Policy
We protect your personal information and only use it for purposes you've authorized. View our complete privacy policy for details.
Terms of Use
Using our website and services means you agree to our terms. We encourage all applicants to read these terms carefully.
Canadian Regulations
LuxLoans operates in compliance with all applicable provincial and federal lending regulations in Canada.