Zento Finance

Zento Finance is a private online lender based in Montreal offering personal loans of $500 to $1,500 in Alberta and Quebec. The entire process - request, verification and contract signing - happens online.

No. Zento uses Instant Bank Verification (IBV) instead of a credit inquiry, so your credit history is not a barrier - and the loan does not affect your credit score, since Zento does not report to credit bureaus.

Borrowers in Alberta and Quebec whose monthly employment income supports the repayments. Every application is reviewed for ability to repay: income adequacy, a bank account without heavy NSF charges, and no excessive pre-authorized debits.

Zento offers optional add-on services provided by a separate entity with its own fees. They are entirely voluntary - declining them does not affect your credit decision or loan terms - but enrolling raises the total amount you pay, so review your contract carefully before signing.

Yes. Full or partial early payments are welcome at any time, over a schedule of 63 days to 6 months at a weekly, bi-weekly or monthly rhythm.

Between $500 and $1,500, repaid weekly, every two weeks or monthly over 63 days to 6 months.

The request takes under 5 minutes, and once your loan is approved you can receive the funds the same day.

The maximum annual interest rate is 19.99%. Zento's own example: a $500 loan at 19.99% over 90 days repays $524.65 in total. If a payment goes unpaid, interest of 1.67% per month applies to the unpaid amount.

No. There are no documents to print, scan or send - Instant Bank Verification confirms everything online, and the contract is signed electronically.

Zento says its team can assist with payment issues and loan modifications. Unpaid amounts carry interest of 1.67% per month, so contact them early if a payment is at risk.