In this busy, fast-paced world, everyone likes having a single app to keep tabs on their banking and financial needs. Physically traveling to the bank to avail loans is a thing of the past. With the hectic lifestyle not allowing any time for visiting banks to avail various credit facilities, the new app called MyCanadaPayday comes to the rescue. It is an innovative app that helps make life easier for users. Through the app, users can avail loans and get it credited directly to their bank accounts. This saves a lot of time for the users.

So what exactly can this app do? Well, for starters users can create an account using this app. It is a simple process and can be completed within a few minutes. Once the account is open, they can also update their bank account details using the application. To sign up for a new account, details like driving license number, social insurance number, date of birth are required to verify the authenticity of the customer. The first name, middle name and last name details are also compulsory and should match with the name on any of the databases like driving license or social insurance.

After downloading the app, users have to first login or sign up. This requires an email id and a password. Once the signup process is complete, the users can start using the app normally. Another feature found in this app is the option to update the bank account details. You can enter the details of your bank like the name of the institution, account number and transit code. This will be stored in the app and will facilitate easier availing of the loans.

The main feature of MyCanadaPayday is the feature to avail loans in easy steps. Once the bank account details have been entered into the app, users can avail this feature. You can enter the new loan page and enter the requisite details. Depending on your income and other such details, the app will inform you of the maximum amount eligible. The tenure, as well as the interest rates, will be displayed to the user. Once you accept all the terms and conditions, the loan amount will be disbursed directly to your account. You can view or manage all your loans through this app. The application is password protected and the data is safe, due to which the app is highly recommended.

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