Frequently Asked Questions

The matching process through CashBeagle typically takes less than 2 minutes. Once you're matched with lenders, many of our lending partners can provide a decision within the same day, and some even within hours.

The exact timeline depends on the lender you choose to work with, the loan amount, and how quickly you can provide any additional documentation they may require. Some lenders offer instant pre-approval decisions, while others may take 1-2 business days for a final decision.

While each lender in our network has their own specific requirements, most require that you:

• Be at least 18 years old (19 in some provinces)
• Be a Canadian citizen or permanent resident
• Have a regular source of income (employment, self-employment, benefits, etc.)
• Have an active Canadian bank account
• Have a valid email address and phone number

Many of our lending partners work with borrowers who have less-than-perfect credit, so even if you've been turned down elsewhere, you may still qualify for a loan through CashBeagle.

Through our platform, you can request loans ranging from $100 to $15,000. The actual amount you're approved for will depend on several factors, including:

• Your income and employment status
• Your credit history
• Your existing debts and financial obligations
• The lender's specific criteria and policies

Each lender in our network has different maximum loan amounts and qualification criteria, so you may receive offers for different amounts from different lenders.

Submitting your information through CashBeagle to check loan options does not affect your credit score. We use what's called a "soft inquiry" to match you with potential lenders.

However, if you choose to proceed with a specific lender and formally apply for a loan, that lender may perform a "hard inquiry" on your credit, which could have a minor, temporary impact on your credit score. This is standard practice for all loan applications in Canada.

Yes. Many lenders in our network specialize in working with borrowers who have less-than-perfect credit. While having good credit may help you qualify for better rates and terms, bad credit does not automatically disqualify you from getting a loan.

Lenders consider multiple factors beyond just your credit score, including your income, employment stability, and debt-to-income ratio. We encourage you to apply even if you've been turned down by traditional banks—you may be surprised by the options available to you.

While we work with a wide network of lenders with varying qualification criteria, approval is never guaranteed. If you're not matched with any lenders or if lenders decline your application, there are still steps you can take:

• Review your credit report for errors and dispute any inaccuracies
• Work on improving your credit score over time
• Consider applying for a smaller loan amount
• Explore alternative options like credit counseling or community assistance programs
• Try applying again in a few months after improving your financial situation

If you have questions about why you weren't approved, you can contact our support team at support@cashbeagle.ca for guidance.

Protecting your privacy and security is our top priority. CashBeagle uses bank-level 256-bit SSL encryption to protect all data transmitted through our platform. Your personal information is stored securely and is only shared with lenders in our vetted network for the purpose of matching you with loan offers.

We never sell your information to unrelated third parties for marketing purposes. You can read our full Privacy Policy to learn more about how we collect, use, and protect your information.

CashBeagle's matching service is completely free for borrowers. We do not charge any application fees, matching fees, or service fees.

If you accept a loan offer from one of our lending partners, that lender may charge interest and fees according to their loan agreement. These terms will be clearly disclosed to you before you accept any offer. Always review the loan terms carefully before accepting.

CashBeagle may receive a referral fee from lenders when you accept their offer, but this does not affect the terms or cost of your loan.

No. CashBeagle is a loan matching service, not a lender. We do not make lending decisions, approve or deny loan applications, or fund loans ourselves.

Our role is to connect you with licensed lenders in our network who may be able to offer you a loan based on your profile. Once matched, you'll work directly with the lender to complete your application, review terms, and receive funding if approved.

If you're approved for a loan and accept the offer, the lender will typically deposit the funds directly into your Canadian bank account via electronic transfer. Depending on the lender and your bank, this can happen as quickly as the same business day or within 1-2 business days.

The exact funding timeline will be provided by your lender when you review your loan agreement.