Our online divorce loans are available in BC and Alberta – even if you have bad credit. Borrow up to $50,000 to pay for your divorce legal fees or other expenses associated with divorce in Canada. We don’t check your credit, so borrowing from us won’t impact your credit score.
Can you get a loan to pay for divorce?
Yes, in Canada you are able to borrow money to finance your divorce. Some lenders secure the loan against the outcome of the divorce. Others, like us, provide unsecured personal loans.
Loans for divorce legal fees
Unfortunately, divorce can be a costly ordeal, especially as it relates to legal fees. We’re here to help with our loans for divorce legal fees. You can borrow from us in order to pay your lawyer. In fact, we can either lend to you directly or we can advance the funds to your lawyer’s bank account – it’s your choice!
Before borrowing from us, it might be a good idea to talk with your lawyer about paying them through a no/low-interest payment plan. That way you won’t have to borrow money to pay for the divorce.
Getting you through a rough patch
If you require financing to help get you through some of the tougher elements of divorce, we can be there for you. Our loans do not need to be exclusively used to pay legal expenses.
Qualifications for our online divorce loans in Canada
We don’t secure our loans against your divorce settlement. Rather, in order to apply, we require you to have a minimum monthly income of $4,000 ($48,000 per year). You must be a resident of either British Columbia or Alberta.
Rates and repayment terms
Our interest rates for divorce loans vary based on individuals’ circumstances. We are intended to be a short-term financing solution. You can borrow from us for a period of one year, with rates ranging between 15-31% per annum. You can pay us back ahead of schedule or make accelerated payments without incurring any fees.
How to apply for an online divorce loan
First, visit the application section and apply for a divorce loan online with us. The application is simple and takes just a few short minutes to complete.
Second, we’ll contact you soon after we receive your application. Rather than checking your credit, we work with you to gain a more complete understanding of your financial position.
Third, if you’re approved for an online divorce loan, you’ll be funded within 24 hours.