Apply now for a 1 year personal loan, regardless of whether you’ve got bad credit or even no credit at all. Borrow up to $50,000 from us if you live in BC or Alberta, Canada.
How does our 1 year personal loan work?
As the name suggests, after you’ve been approved for a 1 year personal loan you have 12 months to repay the debt. During the term of the loan, you only need to make interest payments on a monthly basis. However, you are welcome to pay into the principal at your convenience.
Importantly, there are no early repayment fees. We never discourage our customers from trying to pay back a loan ahead of time.
What can the loan be used for?
You’re welcome to borrow money for any of your personal reasons. This might include:
- dealing with an emergency or an unexpected event
- renovating your property
- paying outstanding bills or judgements
- purchasing a bicycle
- navigating through a divorce
Fast funding
If you are approved for a loan, you will in most cases receive funds by the next business day. To expedite the process, we recommend having the following documents available:
- valid government identification
- access to your most recent bank statements
Who qualifies for a 1 year personal loan?
Our 1 year personal loan program is available to residents of British Columbia and Alberta who earn at least $4,000 monthly or $48,000 per year. However, approval is based on individual applications and is not guaranteed.
Are personal loans taxable?
No, borrowers in Canada do not pay taxes on loans.
How many personal loans can you have at once?
There is no limit to how many personal loans you can have at once. Each lender will have their own preferences. However, we want to see that you are able to service your other debt payments. Did you know that you can use our 1 year personal loans to pay off payday loans and other debts?
Do personal loans show up on a credit report?
It depends on the lender. No Credit Check Loans does not report to credit bureaus, so if you borrow from us it won’t show up on a credit report.
Who we are
We are an only private lender in Canada, serving British Columbia and Alberta. We cater to people and businesses in Vancouver, Kelowna, Chilliwack, Edmonton, Calgary and elsewhere across the two provinces. Learn more about us here.
How to apply for a 1 year personal loan with us
You can apply for a 1 year personal loan by visiting this link. It will direct you to a simple application page which will only take a few minutes to complete. Rest assured that your personal information is safe with us – and we don’t share it with 3rd parties.
You will need to speak to an agent who will contact you shortly after applying. We’ll work with you on that call to determine whether our loans are a good fit for your needs.
If you’re approved, you can always expect quick service from us throughout the lifetime of the loan.
Apply for a 1 year personal loan now by clicking below!