Are you looking for an unsecured loan from an Edmonton private lender? We’ve got you covered! Borrow up to $50,000 from us with no credit check. We give personal loans in Edmonton!
We offer online personal loans that are easy to access and apply!
Whether you live in West Edmonton, Downtown, Windermere, Ellerslie, Westmount, Bonnie Doon, or any local neighborhood, we are ready to be your local Edmonton private lender.
What is a private lender?
A private lender is a company, person, or group of investors who lend their money in return for interest and fees. Private lenders contrast with traditional lenders, namely banks and credit unions.
Private lending has grown in popularity in Canada as an alternative investment. Edmonton is an attractive market because of its population growth and real estate fundamentals.
Why work with an Edmonton private lender?
Here’s why you should work with us:
- We specialize in Alberta and British Columbia and know these regions of Western Canada well. We understand the financial challenges of living in Edmonton and are prepared to help.
- Our process is fast. After you’ve been approved for a loan, you’ll typically receive funds in your bank account within 24 hours.
- We don’t check your credit history, so don’t worry if you have bad credit. Instead, as an Edmonton private lender, we use our own internal methods to assess your ability to repay us.
- We don’t charge hidden fees.
- Our loan agreements are simple to read and understand. We also give you disclosures that make sure you understand the cost of borrowing.
- We’re a direct private lender, so you don’t need to go through a broker and pay additional commissions.
- All of the loan paperwork is completed online. There’s no printing or scanning involved!
- We pride ourselves on delivering fast customer service.
Other types of loans that we offer
As an Edmonton private lender, we are proud to offer a diverse range of financing products. They include:
- Personal loans, for when you need some cash for personal expenses.
- Emergency loans, for when you’re in a pinch.
- Business loans and loans to buy a business for when you’re building your empire.
- Loans to pay off payday loans.
- Unsecured debt consolidation loans.
- Loans for newcomers to Canada, for when you’re struggling to get credit as a recent immigrant.
- Divorce loans and loans to pay expenses related to divorce, including legal fees
- Loans for professionals who have bad credit.
- Loans after bankruptcy or consumer proposal, for when you’re trying to start anew.
- Loans to pay a judgment, for when you’re trying to rid yourself of creditors who have secured a legal judgment against you.
- Bridge loans, for when you need short-term financing before a longer-term lender gives you a loan.
- Down payment loans for when you need a loan to finance a down payment on a car, property, furniture and more.
Benefits of opting for a personal loan
Personal loans are an excellent option for someone in need of cash for a home improvement project, for someone who wants to consolidate high-interest debts or pay off any other major expense. You may not have liquidity now, but you can afford to pay off the personal loan later. The best part about these types of loans is that they do not require collateral; that’s why they are also called unsecured personal loans.
Here are some of the best advantages of personal loans:
- Personal loans are disbursed in a lump-sum quantity and can be used to make a big purchase rather than saving up over time.
- Personal loans do not come with any conditions. They have become so popular because they are extremely versatile and can be used to cover anything from medical costs to home improvements.
- A personal loan is also useful for debt consolidation. If you have multiple loans and find it difficult to keep track of repayment schedules, you can take a personal loan, pay off other loans with the disbursement and just manage one loan. In some cases, a personal loan can help pay off another loan that has a higher interest rate. You can get a personal loan that is cheaper to cut your lending costs easily.
- Many Edmonton private lenders require real estate as collateral. However, our loans are unsecured. That means you can retain your home equity loans, and there’s less paperwork involved.
- Our personal loans have 1-year terms. You are able to repay the debt without incurring fees or penalties. You can also make accelerated loan payments without consequence.
- Private lenders are generally known to be more expensive than traditional lenders. In fact, some charge upwards of 50% interest per year. However, No Credit Check Loans in Edmonton is faster and more flexible than banks. Even if you have a bad credit history, that does not deter us from giving you a personal loan.
How to qualify for our loans?
We offer loans without the need for collateral to businesses and individuals in Alberta, Canada, Edmonton, Calgary, Red Deer, Kelowna, Abbotsford, Burnaby, Vancouver, and British Columbia. Here are the criteria you need to meet to qualify for a personal loan:
- In order to fill out our loan application, you must have a monthly income of at least $4,000, must be at least 19 years old, and be employed for more than three months.
- If you are a business and want to apply for a loan, your sales must be at least $10,000 per month.
- If you want the loan to buy a business, then the potential seller’s sales should be a minimum of $10,000 in a month. We provide financing to many types of businesses, including e-commerce and online companies.
After you submit your loan application, we will review it as soon as possible. After the initial checks, our representative will call you to discuss your application. If you get approved, your account will be credited within 24 hours. You can increase your chances of getting your application approved if you have a cosigner. It is not mandatory, except for the loans that we provide to newcomers and immigrants in Canada.
Please note that we do not accept loan applications for an amount of more than $50,000.
Apply here for fast processing of your loan.
No Credit Check Loans
We know that people are more than just credit scores. Life happens, things slip by, and sometimes liabilities get overlooked. However, it is incredibly unfair to let anybody suffer because of a temporary setback, especially when they are trying to get their life on track.
This is just one of the reasons why No Credit Check Loans offers an unsecured personal loan that is not dependent on your credit score, no matter how bad it may be. Also, we offer fair interest rates rather than exorbitant rates and hidden costs. If you want, you can also choose to pay off the loan early, without any penalties.
We value transparency and ensure that we provide you with complete terms and conditions that are easy to understand, which is better for both parties. We also treat our clients with the respect and kindness they deserve, which is why we have the best customer service in the business.
People often have the misconception that banks are the only places they can go to for a loan. However, No Check Check Loans is one of the few private lenders out there that has always been a great and trustworthy option to borrowers who are having a liquidity crunch. Apply here if you need a personal loan.