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QuadFi

Avg. Rating: 5.0 (2 reviews)

Quadfi is a unique Canadian online lender that started in Toronto. They offer a helping hand to all invisible credit groups in the country including recent grads and newcomers.

QuadFi uses alternative data, from overseas credit data, to academic achievements and open banking, to provide customers with access to affordable loans.

If you are struggling with your financial obligations, if you have graduated and have a student debt, if you are a proud member of our armed forces and are in need of financial backing, or if you just came to Canada and want to make purchases and need a trusted company to assist you with it, contact QuadFi, they can help!

TIME IN BUSINESS: Since 2018
LOANS OFFERED: Personal Loans

Visit site and apply

1-866-782-3340

info@quadfi.com 1235 Bay Street, Toronto, M5R 3K4

Call Center: 9am to 5pm, Monday through Friday

Support Offered:

Social Media
Email
Call Centre
FAQs
Blog

Availability: Alberta, Ontario, British Columbia

Products Offered

Below are all the products offered by this company.

Conditions and Rates

Interest rate

Starting at 5.99% (Must have good credit)

Amount

$5,000 to $50,000

Term

36 or 60 months

Fees

No administrative, prepayment or origination fees

Eligibility and Documents

Who is eligible?

Over 18
Canadian citizens or permanent residents
University Graduates
Living in Ontario, Alberta or British Columbia

What do you need to provide?

ID verification, potential income verification

Repayment and Issuance

How fast can you get the money?

Under 48 hours

Funding method

Direct deposit

How does repayment work?

Monthly payments from your bank account

How long does it take to apply?

5 minutes

Do I need a co-signer?

No, QuadFi offers fair rates, without a co-signer. You can still use one, and it can help your application, but it’s not required.

Frequently Asked Questions About QuadFi

What is QuadFi?

Quadfi is a unique Canadian online lender that started in Toronto. They offer a helping hand to all invisible credit groups in the country including recent grads and Newcomers.

What is QuadFi do?

QuadFi aims to empower fellow Canadians to realize their career aspirations by supporting them with their financial obligations. Their mission is simple: to extend low-cost personal loans to anybody who needs it.

What is QuadFi's goal?

QuadFi's goal is financial inclusion, we are here to help young people and newcomers through their journey towards financial freedom.

Who does QuadFi help?

If you are struggling with your financial obligations, if you have graduated and have a student debt, if you are a proud member of armed forces and are in need of financial backing, or if you just came to Canada and want to make purchases and need a trusted company to assist you with it, contact QuadFi, they can help!

Who is eligible for a loan with QuadFi?

If you are over 18, a Canadian citizen or permanent resident, and lack a traditional credit score, you are eligible. At present, QuadFi can serve customers in Ontario, British Columbia and Alberta.

Will applying for a loan with QuadFi affect my credit score?

To make a loan offer, QuadFi conducts a soft credit check. This won’t affect your credit score. If you take their loan, they ask for a full credit report from our credit reporting partners. This is a hard credit check and can impact your credit score. On the other hand, paying off a loan is one of the best ways to build a strong credit score! In either case, they always get your permission before contacting third parties.

What kind of rates does QuadFi offer?

QuadFi offers a choice of terms and rates. Generally, the longer you take to pay off the loan, the more interest you will pay – although your monthly payments may be lower. Their interest rates start at 5.99%

How long does it take to apply for a loan with QuadFi?

QuadFi's application process is fast and simple – it takes only a few minutes to complete. You’ll know in minutes whether you qualify. Once you get your initial approval, just upload a few documents, sign the loan online and submit. They try to get you your funds within 48 hours.

Who can get a newcomer loan?

QuadFi's customers have been in Canada for less than 5 years or are newly arrived. If you are over 18, have Canadian citizenship or permanent resident status, and lack a traditional credit score, they can help you. At present, they can serve customers in Ontario, British Columbia and Alberta.