We are a payday loan alternative in Canada. Borrow up to $50,000 with no credit check if you live in Alberta or BC. Our interest rates are a fraction of payday loans’, so it’s no wonder why we’re a great choice for 1 year personal loans!
Why payday loans can be dangerous
Payday loans are not inherently bad financial products, but they can be risky if you don’t pay them back in time. They accumulate interest and fees at a rapid rate and can quickly become unsustainable. Many people get trapped in a payday loan debt cycle.
BC and Alberta’s payday loan alternative
No Credit Check Loans can be an excellent alternative to payday loans. Instead of borrowing at interest rates that can equal 300% or more, why not consider a cheaper loan with a 1 year repayment date? Not only are our loans less expensive than payday lenders, but they’re often cheaper than the market rates charged by many other private lenders in Canada.
What separates us from the rest of the pack?
It’s simple: many other payday loan alternatives charge interest rates that are 20% higher than ours. They also have aggressive repayment plans. Comparatively, our loans are interest-only and have terms of 1 year. Our interest rates range from 15-31% per year.
Can you use our loans to repay payday loans?
Yes, you can borrow from us to pay off your payday loans. In fact, you might end up saving yourself hundreds of dollars a year in interest by doing so.
Do payday loan alternatives have to be repaid?
Yes, payday loan alternatives are like any other loan in that they must be repaid. Failing to do so can have serious legal and financial consequences, so it’s important that you do not take a loan without being able to pay it back.
How to apply
Our application process is simple. Just apply for a payday alternative loan online in a few minutes. Our team assesses each file on a case-by-case basis. Below are some pre-qualifications:
- you must be a resident of either BC or Alberta
- you must earn at least $4,000 per month
- you should be prepared to verify your income and employment
After applying, you should hear from us by phone on the same or next business day.