Vancity Fair & Fast Loan™ checklist
1. To be eligible for this loan, you need to be:
- A Vancity member. If you aren’t a member, become a member here
- Age 19 or older1.
2. To help us approve this loan within the same day you apply, we need you to bring in:
- Two pieces of ID:
- A government issued ID with your address or your SIN card or SIN letter to prove you are currently a resident of BC
- Proof of a regular source of income from these eligible sources2:
| At least one must be government issued photo ID | Examples: Canadian Driver’s License, BC Identification, BC Services Card (Photo), Canadian or Foreign Passport, Canadian Permanent Resident card, Canadian Citizenship card, Nexus Card, Certificate of Indian Status |
| And the second can be a non-photo ID | Examples: OAS card, BC Services Card (Non-photo), SIN card or letter, Canadian Birth Certificate, Canadian Credit Card, Canadian Immigration Forms (IMM1442, IMM5292, IMM1000), Provincial Health Insurance card, Canadian Firearms License, Employee Photo Identification card, Canadian University or College Student ID card, MSDES photo identification letter |
- Employment
- Self employment
- Retirement
- Disability
- Pension
- And, provide one of the following:
- Most recent 3 pay stubs
- Current employment letter with employer contact information
- Canada Revenue Agency Notice of Assessment
- T1 General
- Statement of pension, retirement, disability, or other income (T4A)
- Remittance slip for pension, disability, or other income
3. We will be checking your credit history as part of the application process. If you are uncertain about the quality of your credit history:
| Please also bring in regular bill payment records from 2 different companies (or persons) over the last 3 months | Examples: Rent, Utilities, Cable/Phone/Internet, Childcare expenses, Insurance premiums, Documented regular savings |
| And, please provide any documents that apply: | i. Cleared cheques and bank statements ii. Paper copies of bills verifying timely payments iii. Letter from landlord with contact information |
4. If the purpose of this loan is to consolidate debt, please also provide all documents that apply:
- Recent statements for items to be paid out (credit cards, lines of credit, personal loans, etc.)
- Payout statements issued by creditors.
Have questions?
Call us or visit your Vancity community branch:
1Certain restrictions and conditions apply. Vancity credit granting criteria apply. For more information and full product terms and conditions visit your Vancity branch or call 604.877.7000, 1.888.Vancity (826.2489) or 250.519.7000.
2 You can provide a statement of income from Revenue Canada for Child Tax Credit, Family Allowance and/or GST Credit for additional consideration.
Vancity Fair & Fast Loan™ is a trademark of Vancouver City Savings Credit Union.