In as little as 30 minutes, Mogo processes and loads your MogoCard using commercially reasonable efforts. This is done once it receives your funds directly or through Interac e-Transfer or Visa Direct from your financial institution.
As a soft check or inquiry, viewing your credit score won't affect your credit. It will only affect your credit when you want to apply for loan products such as money loans or mortgages. This may affect your credit score because a hard check may be required.
A pre-authorized debit agreement is available with every Mogo money product. This is to allow Mogo to automatically deduct funds from your bank account on the due date. Making your repayments shouldn't bother you.
For as long as the eligibility requirements are met, you can qualify for a Mogo loan even if you are self-employed.