Having the right information ready before you apply can make the difference between an instant decision and a delayed one. Here's what to gather before you start.
Personal Identification
- Government-issued photo ID
- Your Social Insurance Number (SIN)
- Proof of your current address
Income Documentation
- Recent pay stubs or an employment letter
- Bank statements showing regular deposits (self-employed or gig applicants especially)
- Pension or benefit statements, if applicable
Banking Information
Your bank account details, since funds are typically deposited via direct deposit or e-transfer and payments are withdrawn the same way.
A Clear Sense of What You Need
Know the specific amount and, ideally, the term you're hoping for — this helps you compare offers meaningfully rather than reacting to whatever is presented first.