The World of Private Loans
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).
Types of Personal Loans
here are many types of personal loans available today which enable borrowers to choose from a wide variety of funding options. Choices include small loans from friends and family to larger loans to finance ventures such as education or starting a new business. Flexibility in lending, in addition to more financial products, makes it easy to find funds with payment terms to fit any budget.
Cashco Financial Offers Canadians a Better Alternative to Payday Loans
Cashco now offers customers installment or “flex” loans from $500 to $7,000 for a term of up to 60 months to help them make ends meet without having to turn to a payday loan provider.
Magical Credit’s New Product Helps High Risk Borrowers Build Back Their Credit
Magical Credit, the short term lender known for helping its customers get out of the payday loan cycle through manageable low monthly payments, has added a new product to its offering for those farthest in the deep-end.
Loans for Home Renovations
Home renovation loans are ideal for the homeowner who has lived in a neighborhood they love in their perfect home for several years, but wants to improve or expand the house even more.
Borrowell is Commited to Helping Canadians Improve Their Credit Health
Borrowell is a fintech startup based in Toronto that uses technology to make financial services fast, fair and friendly. Along with offering Canadians access to their credit scores for free, Borrowell believes Canadians deserve more choice and more transparency when it comes to their personal finances.
Peer-to-Peer Lending Has Finally Arrived in Canada
After providing small businesses with impossibly low lending rates while bringing high returns to everyday investors in places like China, the United States and the UK, peer-to-peer lending has finally made its way to Canada.
Subprime Loans Leading the Fintech Revolution
There’s no magic behind the success of Toronto-based subprime lender Magical Credit. Rather its rise is largely tied to advent of what’s referred to as the fintech revolution. The upstart financial company has quickly established a niche in the Canada’s lending marketplace as online provider of medium-term, fixed loans to Canadians in a cash flow crunch often with nowhere else to turn.
How to Get an Emergency Loan
Each day, thousands of people suddenly face a financial crisis that forces them to look for emergency loans. It is very stressful to get broadsided by a serious situation in which money is needed immediately but no ready cash is available.
What Is An Installment Loan?
Installment Loans Unveiled Any loans that include a contract of repayment of the amount borrowed (plus interest), to be paid with a set number of payments on a schedule, are considered as installment loans. Installment loans can be for as little as a couple months up to 30 years, depending on the amount and type…