Today, Eastern Loans offers personal loans of between $500 and $1,000 to Canadians based anywhere other than Quebec and Saskatchewan, with competitive rates that differ between provinces.
If you’re wondering what debt consolidation is and if it’s right for you, our partners at Fairstone shared several scenarios where debt consolidation is worth looking into.
ConsumerCapital may be relatively new in the Canadian alternative lending ecosystem, but the company is already focused on establishing long-lasting relationships with its customers.
Though we all want to be responsible with our money there’s no denying the temptation to overspend during the holidays. From parties to gift giving, the season can be as expensive as it is joyous.
There used to be a mere few options available to get financing for major ventures. The choices were traditional borrowing from a financial institution or from family and friends. Today, there are unlimited ways to get financing for any purpose. Creative financing has opened the doors for consumers who want or need an innovative way to get money to fulfill their dreams.
Rather than considering the credit rating of the borrower, Lending Mate provides guarantor loans, which only requires the borrower to have a qualified friend or relative vouch for their ability to pay it back.
Ferratum’s Finnish formula for success in Canada: winning business mantra, pioneering technology, and the Jorma Principle
Ferratum made its first footprint in Canada in 2015. In three short years, they have served more than 20,000 Canadian clients in Ontario, Alberta, and British Columbia — and they’re showing no signs of slowing down.
Searching for financing and banking products, such as loans, is a breeze for anyone with online access. Borrowers whiz through the process of finding a lender, applying for a loan, approval, and cash-in-hand -sometimes in a 24-hour period. Online lenders are alternative providers of secured and unsecured loans. And they have become stiff competition for…
As the name suggests, a personal loan is used for individual needs or wants of the borrower’s choosing. Unlike a mortgage or boat loan, it is not approved for a specific purpose. People take out personal loans to pay for vacations or weddings, for instance. Other reasons borrowers get them are to make home improvements, consolidate credit card debt, or if money is needed for a sudden emergency.
Private loans come in all shapes and sizes and can be used for many purposes. They are termed private because the proceeds do not come from a government entity (common with student loans), or banks and credit unions (as do many business loans).