Welcome to Installment Loans Canada
Undoubtedly, life becomes tougher after you have been declared a bankrupt. If you need loans to facilitate smooth payments of bills, you are either refused cash support or are charged with a heavy interest. This fact is now realized by lenders also. They admit the fact that even if you are a discharge bankrupts, you have your own day to day needs that might require cash from external sources. In this situation, you should be treated like any other borrower and therefore should not be denied the opportunity to borrow loan or charged higher interest rates. Therefore, we at Installment Loans Canada, help bankrupts avail loans without any difficulty at affordable rates and flexible terms.
We are experts in arranging loans after bankruptcy. In fact, we are capable of bringing to you loans for other negative poor credit elements like arrears, defaults, etc. as well. Borrow our poor credit personal loans and satisfy any requirement. Prior to loan approval, our lenders are not going to conduct any cumbersome procedure like credit checking and property evaluation. All our loans are available without pledging any collateral. Therefore, you should not hesitate to apply if, because of bankruptcy, you have no assets worth pledging.
We arrange loans after bankruptcy, right after we receive your online application. Our website has a simple application form in which you just have to furnish basic details about yourself. Submit the form by clicking the submit button and let it reach us directly. We accept application forms without time constraints. Hence, no matter what time your form reaches us, we will pay full attention to your requirements.
Send to us your suggestions and questions through the Contact Us form on our website.
Installment loans are loans that can be paid off over time in easy installment within set number of payments. Anyone who is unable to repay back loaned money in one go can opt for these loans. These are short term loans, offered with repayment term that generally ranges from one week to one month. Neither you will need to pledge any collateral nor fax any documents ahead of approval against these loans.
These loans are also applicable for borrowers tagged with bad credit holders. Making regular repayment of the principal amount and interest charged will help you mend your credit status to some extent with time.
Anyone who is not capable of repaying back a loan all at a time can count on installment loans. These loans allow people to receive enough additional money to overcome any sort of unplanned monetary shortfall. Good credit rating is not required to qualify for these loans. However, it is important to confirm that you are employed and hold an active checking account to be considered as eligible to apply.
Upon approval, lenders will get the loaned amount deposited directly into the borrower's account. No security needs to be placed against the borrowed money. Simply choose the amount you need to borrow, fill in our quick online application, submit it and check your bank account for funds! That's all you will need to do!
Almost anyone can apply for installment loans. Regardless of whether your credit rating is good or bad, you can still qualify and draw the benefits associated with these loans. However, there are a few eligibility criteria that need to be fulfilled to qualify. Read on to find more about the key points to avail this loan.
- You should be a citizen of Canada,
- You must have attained 18 years of age,
- Hold an active bank account that accepts direct deposit and
- Be currently employed, earning not less than C$1,000 every month.
It is important to hold a valid bank account so that lenders can deposit the loaned money directly right after approval. Once you have got hold of the loaned money, you can freely spend it for almost any purpose. Further, being employed will help lenders to identify your repayment ability. So, meet these simple preconditions and avail fast cash in hand to get rid of your unforeseen needs.