Installment Loans of up to $3000
A SMART PAYDAY LOAN ALTERNATIVE
NO CREDIT CHECKS
APPLY ONLINE AND GET CASH FAST!
Get Same Day Approval
Money in Your Bank Account
Instant Same Day Approval
Even with Bad Credit
WHO ARE WE
We are brokers that work with direct lenders. We provide a service to find you the best rates within our trusted network of lenders. Applying with bad credit is possible because we are alternative lenders are willing to can take on bigger risk. If you’ve run into bad luck or the unexpected we are there to help when you need the money most.
FEES AND INTEREST
Depending on our lender, APR (Annual Percentage Rate) can vary between 22% to 35%. For those that do not meet our requirements we may refer you to lenders outside our network or help you with a debt consolidation solution.
TERMS OF REPAYMENT
Our lender’s can be repaid typically within a period of 120 days and not less than 90 days. Terms can be modified if the you inquire with us in advance.
WHAT MAKE US BETTER THAN PAYDAY LENDERS
Typically payday lenders require borrowers to pay when they receive their next pay check. As long as you are in good standing with us borrowing won’t negatively impact your credit score. You can pay us back as soon as you like.
EXAMPLE COST OF BORROWING
$300 borrowed over 4 months at an APR of 32% is payable every two weeks and refundable in 8 payments will be $56.75 by payment for a total amount of $453.98. This example considers the $130 brokerage fees to be added to the borrowed capital. The broker sets their commission for each applicant at their own discretion regardless of interests due to the lender agency.
Although our lenders do not currently offer terms of one year the cost of an APR of 32% would be $96.00. Our lender’s terms typically do not exceed 5 months.
If any payments are refused from your bank for insufficient funds or any other reason. You can be charged a NSF fee of $40. If you cannot pay us on time please contact us as soon as possible and we will see if we can reschedule a payment. We allow for for only one re-rescheduling of a payment to help you if you are having difficulties.
BORROW MONEY RESPONSIBLY
Please be responsible and careful when you borrow. This type of financing is meant to be used as a bridge to solve your immediate crisis. Our lenders take the risk to lend you the money regardless of your credit history. Interest rates are relative to risk and may be higher than conventional banking institutions. We are there to help if no other solutions are available and you need a bridge to avoid issue which include NSFs, late payments and penalties.
APPLYING ONLINE IS SAFE WITH US
Your personal information is kept between you and us stored in our secured system. We do not perform a credit score verification and it’s not affected when making an online application. Our valued customers love that we provide an easy, fast and friendly online experience every time and many of our satisfied clients have shared their stories.
HOW TO QUALIFY FOR A PERSONAL LOAN
We make it easy to apply online and receive an same day decision on your loan application. Your application can be done from your mobile phone or computer and no paperwork needs to be sent in.
Loan approval is based on a few factors which include
1. You are a Canadian citizen
2. You are employed
3. Not on welfare
4. Have a bank account where you receive pay checks
5. Over 21 years old
6. Not be bankrupt or in a consumer proposal
7. Not live in Alberta
8. Not receive child tax benefits
Trusted Partners and Providers
EFT Canada is our reliable provider of advanced electronic payment services
Decision Logic is our trusted partner for bank transaction verification
Microbilt provider of
risk management reporting for our valued clients
Interac e-Transfer is one of our methods of processing electronic payments to our clients safely and fast