How does borrowing and repaying work?
Borrowing and repaying with FastForward
Once approved for a FastForward instant line of credit, you can borrow up to your daily credit limit, repay and re-borrow as many times as you need. If you choose to make a withdraw on your line of credit, the minimum starts from as little as $5. The maximum amount you can withdraw depends on the daily credit limit available to you.
Our Canadian financial partner, Flinks, scans your transaction history for regular deposits of eligible income. Our system will then review your information to calculate your approved Credit Limit. Only one source of government or employment income can be used to qualify.
Your repayments are set on a fixed date during the month. On your repayment date, the full balance you've withdrawn, including any fees, will be automatically deducted from your linked bank account. Once we’ve received confirmation of successful repayment, you’ll be able to re-borrow again up to your daily credit limit. It's that simple and convenient!