About PADS Financial

• How do I know if my application has been received?

  After submitting your online application, you will receive an email and a notification confirming that we have received your application.Popular

• What are your business hours?

  Our business hours are Monday to Friday, from 9:00 AM to 5:00 PM (EST). We are closed on weekends and public holidays. If you have inquiries outside these hours, feel free to leave a message, and our team will get back to you during the next business day.Popular

• What is the minimum age requirement to apply for a loan?

  Applicants must be at least 18 years old to apply for a loan.Popular

• How do I apply?

  To apply for a PADS loan simply complete the online application at the link below: https://app.padsfinancial.com/sign-inPopular

• Can I apply for a loan if I am currently in a debt management program?

  Yes, any property owner in Quebec can apply for a PADS home equity loan.Popular

• Can I apply for a loan if I am on a fixed income?

  Yes, any property owner in Quebec can apply for a PADS loan.Popular

• What is the average processing time for loan applications after I submit my application?

  On average, PADS underwriters take around 24-48 hours to provide you with an answer from the time you submit your loan application.Popular

• Can I apply for a loan if I am not a citizen or permanent resident of the country?

  Yes, PADS offers loans to anyone with equity in their home.Popular

• Can I apply for a loan if I am a student?

  Yes, loans are available for students 18 years of age and older. Apply online now to see if you qualify for a loan with PADS.Popular

• How do I access my funds?

  Once your loan is approved and signed, the funds will be deposited into your bank account of choice.Popular

• What happens if my application is denied?

  If your application is denied, you will receive a notification with the reasons for the denial. You may have the option to reapply after addressing the specific concerns.Popular

• How do I sign up for your newsletter?

  To sign up for our newsletter, go to our website's homepage and locate the "Subscribe" box at the bottom of the page. Enter your email address, and you'll be added to our newsletter mailing list.Popular

• Will I have to meet with a Notary?

  Quebec law requires that all loans be signed in front of a notary in person.Popular

• Can I apply for a PADS home equity loan if I am currently unemployed?

  Yes, any property owner in Quebec can apply for a PADS loan if you have accrued enough equity on your property.Popular

• How do I calculate the loan amount I can apply for?

  To calculate the loan amount you can apply for, generally follow 80% of loan to value ration of the perceived value of your property less any leans you wish to keep.Popular

• Is there a limit on the number of times I can apply for a loan?

  There is typically no limit on the number of times you can apply, but applying too frequently may negatively affect your credit score.Popular

• How can I contact customer support?

  You can easily contact our customer support team by visiting our website's "Contact Us" page or by sending an email to support@padsfinancial.com . You can also reach out to the PADS customer service live chat on our website or portal. Our dedicated team is here to promptly address your inquiries.Popular

• What happens if I provide incorrect information in my application?

  It is essential to provide accurate information in your application. If any discrepancies are found during the verification process, it may affect your application's approval.Popular

• Do you have a mobile app?

  Currently, our mobile app is still in development. Stay informed about its release by signing up for our email subscription. You'll receive notifications once the app is ready for use.Popular

• Can I apply for a loan without a bank account?

  Having a bank account is a requirement to submit a loan application.Popular

• Can I apply for a loan if I have recently changed jobs?

  Yes, you can apply for a loan if you have recently changed jobs.Few readers

• Can I get a loan if I already have existing loans or debts?

  Yes, you can obtain a loan if you have existing loans or debts. In fact, many people get home equity loans to consolidate their debts.Few readers

• Can I apply for a loan if I have a history of bankruptcy or foreclosure?

  Yes, we consider applicants under certain circumstances with past bankruptcies or foreclosures. Apply online to find out if you qualify for a loan with PADS.Few readers

• Can I apply for a loan with no credit history?

  Yes, PADS focuses on the equity available in your home to see if you qualify for a loan.Few readers

• Is there a minimum loan amount I can apply for?

  The current minimum amount for a home equity loan is $20,000.Few readers

• How secure is the loan application process?

  Our loan application process employs advanced security and privacy measures to protect your personal information and ensure a safe transaction.Few readers

• Can I apply for a loan online if I am self-employed or have an irregular income?

  Yes, PADS considers self-employed individuals and irregular income sources.Few readers

• What types of loans do you offer?

  We offer various types of loans, including home equity loans, refinance loans and loans for a new purchase.Few readers

• Do you offer loans to non-residents or foreign nationals?

  Yes, if your property is in Quebec, you could qualify for a PADS home equity loan.Few readers