All Questions

Will this affect my credit score?

No, we don’t have any sort of interaction with Equifax or TransUnion. We do not check your credit with them, or report your financial activities with us back to them.


How are you storing and using my data?

We use the read-only information sent via Plaid to assess whether to issue you a loan. We will never sell your information, and we cannot change it – see our Legal page for more information.


Why should I trust Moves?

We understand your concerns. We’re a brand new fintech company , and we’re asking you to send us a list of your banking transactions through a third-party service. We get it. But that service, Plaid, is owned by Visa, and all vendors that use it have to be thoroughly vetted. Plaid is read-only, does not give us access to your financial credentials, and is protected with enterprise grade encryption services.

By doing this, we can instantly qualify you for a loan without asking for any bank statements, proof of address, credit score or even proof of income. If you’d like to learn more, please visit the Plaid website (https://plaid.com/legal/#end-user-privacy-policy).

But don’t just take our word for it; here’s what one of our satisfied customers told us:

“I can’t even get money from my own bank, they’ve been my bank for 18 years. The money from Moves, I put it into my tax-free savings plan. There’s no service charges, there’s no initiation fee, there’s no management fee, there’s no account fee.”

Joseph, Uber Driver, Toronto