How do you verify my income and bank account?

We use Instant Bank Verification (IBV) — a secure, read-only connection to your online banking that takes about 30 seconds and replaces uploading PDFs, e-mailing pay stubs, or sending screenshots.

How it works:

1. You select your bank from the list (we support all major Canadian banks)
2. You log in to your bank’s own page — Instant Credit never sees your password
3. The provider (Inverite, Flinks, or Plaid Canada) returns a one-time read-only snapshot of the last 90 days
4. The snapshot is shared only with your selected lender for the purpose of this loan decision

This snapshot is:

• Read-only — no one can move money or initiate transfers
• One-time — the connection is closed after the application; no ongoing access
• Encrypted in transit (TLS 1.3) and at rest (AES-256)

We comply with PIPEDA, Law 25 (Quebec), and the Code of Conduct for the Credit and Debit Card Industry in Canada. You can revoke consent and request deletion of your IBV data any time by emailing privacy@instant.credit.