Looking for an emergency loan in Canada? We’re here to help, even if you have bad credit or no credit at all. We serve British Columbia and Alberta residents who need an emergency loan.
Why you might need an emergency loan in Canada
Sometimes emergencies happen. It’s important to have money available to manage through them.
- You may have bills from an unexpected visit to the vet
- Your car may have broken down
- You might need to fix a household appliance
- You may need to replace a broken phone or laptop
Why our emergency loans may be right for you
An emergency loan is a personal loan that is used to cover unexpected costs that arise from an emergency. Here’s why our emergency loans in Canada may suit your needs.
- You can get your money fast – something that matters a lot during an emergency. We review loan applications quickly after they are submitted and make expedient approval decisions
- Our loan payment terms are basic. You only need to make interest payments on a monthly basis, but you are able to prepay the debt ahead of time without being charged penalties or fees
- We are a direct lender, meaning that we deal directly with our customers rather than going through brokers. As such, we don’t charge broker fees or pay commissions to other parties
- We don’t check your credit history. That means your credit score won’t be affected by credit checks. We also don’t report your loan to any credit bureaus
Who qualifies for an emergency loan in Canada
Our loan application is open to BC and Alberta residents who earn at least $4,000 per month.
Don’t make a rushed decision
While an emergency may have occurred, it can be risky to make hasty financial decisions. You should be familiar with the types of loans we issue and what kinds of terms and conditions apply.
- Our loans have 1-year terms. That means you need to repay us within twelve months. You should not borrow from us if you are not capable of doing so
- The interest rate we charge ranges from between 15-31% per year