PretÉcho
FREN

Personal loans · Quebec residents only

Your loan application starts here

An unexpected expense? Need a little help at the end of the month? PretÉcho offers a fast, simple financial solution.

Loans with no credit check.

Apply now

Submitting an application does not guarantee loan approval.

Our approach

An application tailored to your situation

Every financial situation is different. At PretÉcho, we review your application with your ability to repay in mind.

Your credit score does not tell your whole story. You can apply without a credit check, subject to a review of your file and the eligibility requirements.

Before you begin

Check your eligibility

You must meet the following eight requirements to apply.

Age

Be at least 18 years old.

Income

Have a monthly income of at least $1,200.

Salary payments

Be paid by direct deposit.

Residence

Be a resident of Quebec.

Bank account

Have a Canadian bank account.

Stable employment

Have held stable employment for at least 4 months.

Bankruptcy

Not be bankrupt or about to file for bankruptcy.

Banking history

Have a good banking history.

Your application steps

Online form

Choose your requested amount and complete the form in 2 minutes, with no documents to send.

Instant bank verification (IBV)

We securely verify your information and confirm your payment arrangements with you.

Fast payment by Interac

Receive your funds by Interac e-Transfer on the same day, subject to application approval and processing times.

What to know before borrowing

Calculate your payments

$101.64Payment amount
5Number of payments

This table provides illustrative repayment examples. Actual fees, the total cost of the loan and payment amounts may vary based on the assessment of your application and the agreed terms. Our loans carry a fixed annual interest rate of 10%, a transaction fee of $0.95 per transaction and membership fees of $20 per week while a balance remains outstanding.

Borrow responsibly. Our loans are a high-cost financing option. Consider other available options and borrow only what you can afford to repay. Early repayment may reduce interest and membership fees associated with the length of the loan, subject to your contract terms.

Ready to take the next step?

Simple, fast and no credit check

Apply for my loan

For Quebec residents only. Subject to a review of your file and the eligibility requirements.

Frequently asked questions

Who can apply?

Any Quebec resident aged 18 or older with a stable income may apply, subject to the eligibility requirements listed above.

Our loans are designed to provide a quick solution to your financial needs when other options are not available. Borrow responsibly.

Can I apply with bad credit?

Yes. You can apply for a loan without a credit check, even with bad credit. Your application remains subject to an assessment of your financial situation and ability to repay.

How much can I borrow?

You can apply for a loan of up to $750. We encourage you to borrow carefully and responsibly. Our loans cost more than options offered by traditional financial institutions. Review the interest, fees and terms before making a commitment.

Do I need to provide collateral?

No physical collateral is required. Your employment and income are considered when assessing your ability to repay.

How long does it take?

Timing may vary depending on your file and our application volume. We do our best to provide funds on the same day, subject to application approval and processing times.

Are there any hidden fees?

The fixed annual interest rate is 10%. Membership fees of $20 per week apply while a balance remains outstanding, along with a fee of $0.95 per transaction. The interest rate does not represent the total cost of the loan.

You may repay the full amount at any time. Early repayment may reduce fees related to the time a balance remains outstanding, according to your contract terms.

What if I cannot make a payment?

You may request a payment deferral at least 48 business hours before the scheduled date. A returned payment incurs a $50 fee under the terms of your contract.

What happens if I cannot repay my loan?

We reserve the right to recover overdue loans using available remedies permitted by law, including debt collection and civil legal action.

Why do you need to perform an IBV?

IBV, or instant bank verification, allows us to verify the information needed to assess your eligibility without asking you to send bank statements or pay stubs.

This verification helps us process your application within hours, depending on your file and application volume. Review the security information, data use details and consents presented during this step.

How will you use the information collected?

We use only the information needed to confirm your identity and assess your ability to repay.

Why might my application be declined?
  • Too many non-sufficient funds payments in your account.
  • Monthly income below $1,200.
  • Excessive short-term debt.
  • Inaccurate or incomplete information in your application.
  • Several outstanding loans.
  • A bank account that is too new or has insufficient history.