Articles by: Smarter Loans

How to get a loan with bad credit - smarter loans

How To Get A Loan With Bad Credit

When you have bad credit, the big banks won’t usually lend you money. You might have your finances under control now and know you can handle credit responsibly, but they still turn you down. Fortunately, alternatives do exist. You can get a loan, even when you have bad credit.

How do business loans work - Smarter Loans

How Do Business Loans Work?

Learn about different types of business loan options available in Canada.

how do personal loans work in Canada

How Do Personal Loans Work?

Learn how personal loans in Canada work. From application to purpose to repayment, this article explains the entire process of taking out a personal loan in Canada.

Bad Credit Home Buying – It Can Be Done

If you’re feeling financial pressure from debt, be assured, you are not alone. In the last year, over 100,000 Canadians have declared personal bankruptcy and just as many, even more, will become insolvent in the year ahead.

Borrowing on Bad Credit

If you have bad credit and think you could never get a loan, well, think again.

While it’s true it may be harder, it nevertheless possible to borrow even with that bad credit rating. There are, for example, lending institutions that specialize in what are called “bad credit loans”. These, admittedly sub-prime lenders, will lend you money regardless of your less-than-perfect credit history.

How to Get a Business Loan with Bad Credit

If you are having difficulty getting a business loan, you should know that the approval rate for business loans from large banks is only around 25%, so you have plenty of company. The good news is you have other options for raising capital to keep your business healthy and thriving. If you want to get a business loan with bad credit, you may have to get somewhat creative, but it can be done, through alternative lenders, for example.

Prepaid Debit vs. Credit

You like the convenience of online shopping but don’t have a credit card? Or maybe you have a credit card but don’t like using it to make online purchases. Not to worry. Prepaid debit cards are a great alternative and, in many ways, even preferable to using credit cards online.

The How-to of Payday Loans

The family car breaks down. The furnace is on the fritz. Whatever the reason, you’re in need of a small dollar, short term loan. You’ve heard about payday loans but have never applied before and you’re wondering how to go about it.

The Ins & Outs of Payday Loans

Salary or payroll loan, small dollar, short term or cash advance loan – these are just some of the most common names given to payday loans. Payday loans are short-term, unsecured loans or cash advances against a borrower’s employment salary or other source of income.