When can I request another funding?
You can usually request another instantly provided the last payment was received. Your payment history is reported to the credit bureau once per month at the end of the month.
Occasionally it might take up to 5 business days to update your account if you paid with a payment method other than a debit card. This usually only happens when your card stops working because of a lost or stolen card.PopularHow much funds can I access?
The credit building line allows access from $30-$150. The starting approval amount depends on your employment status and a few other factors.
Payment amounts between this range are optimal for credit building as it closely mimics your ability to repay your other financial obligations (such as personal loans and credit cards) and can help you establish credit history.
You can increase your approval amounts with on-time payments. You can also redeem your reward points for higher approval limitSome readersHow quickly does funds arrive?
For non-members (free accounts), the funds will be deposited within 0-3 business days.
For Nyble members, the funds will be deposited within 30 minutes, but are usually instant.
Please note fast funding options might take a little longer on Sundays depending on your bank.Some readersHow do I make repayments?
Repayments are taken on the repayment date you select, please ensure you have enough funds in your account to cover the withdrawal.
We always try your primary card/account on file first to prevent NSFs. You can also login to the app anytime to repay.
There are is interest or late fees and if you would like to change or extend your repayment date, please contact support.Some readersHow do I become eligible?
In order to be approved, you will need to have an employment or government income and a Canadian bank account that has your payroll/income deposits.
Your income deposits should also be on a monthly basis and you should have a history of receiving regular deposits. Your bank account is also used to verify your identity to enable your for credit building.
If the account you connected at the time of signing up is not your primary account, you can connect another account by navigating to settingSome readersHow does this work?
Great question! Once you've connected your bank account that contains your income sources and has been approved, you can open a credit building line of $30-$150. Select the amount that you want to get funded, enter your repayment date, and select the delivery method. Once you have submitted your funding request, we will deposit that money into your bank account within the delivery method timeframe. On your next repayment date, we will deduct the payback amount from your payment method on file. ASome readersWhat if I miss a payment?
If a payment is missed, a second payment will automatically be scheduled for the following day or until the payment is successful. You can also log in to your account anytime to repay. Please be sure to pay off your balance on-time as Nyble is required to report both on-time and late payment to the credit bureau. If you experience difficulties please contact us at support@nyble.com.Some readers