We provide loans to people with bad credit and, unlike most other lenders, we guarantee approval for up to $5,000. An online direct lender catering to BC and Alberta, our personal loans have interest-only monthly payments are there are no commissions paid to brokers.
Approval for a loan is guaranteed to those who meet the following conditions. There is no credit check. Guaranteed applicants:
- are a resident of Alberta or BC; and
- earn over $4,000 per month; and
- have a co-signer in BC/AB who earns at least $4,000 monthly; and
- have no declined payments/NSF charges in the past 3 months
What if you don’t meet those conditions?
If you don’t meet the conditions of our Guaranteed Approval Program, we still encourage you to apply for a loan. We offer 1 year personal loans and business financing across BC and Alberta. However, you must earn a minimum of $4,000 monthly to qualify for consideration.
Why we launched a Guaranteed Approval Program
In 2022 No Credit Check Loans launched a Guaranteed Approval Program for people with bad credit. We aim to expand our services to an underserved market: bad credit loans with comparatively low interest rates.
Who we serve
Our Guaranteed Approval Program gives certainty to borrowers with bad credit. We lend to the countless British Columbians and Albertans who have been turned away by banks. We serve:
- Entrepreneurs
- Small businesses
- Recent immigrants and newcomers to Canada
- People with a limited credit history
- People who have bad credit because of past mistakes, but have since learned to manage their debts more responsibly
Our interest rates (and other important things to know)
Our interest rates are low when compared to most unsecured private lenders and payday lenders in Canada. They start at 15% per year and go as high as 31% per year.
The term of each loan is 1 year. That means you have a year to repay us. You are able to prepay the loan without incurring any fees.
Apply for our Guaranteed Approval Program
Our bad credit loan Guaranteed Approval Program is available now. Apply by clicking the button below. It takes under 3 minutes.