9 reviews from borrowers who used SimplyBorrowed. Reviews are moderated; lenders cannot remove them.
Just got the money deposited in my bank account. Thank you so much for your patience with me! God bless you!
Thank you so much for the assessment and help. Honestly I am very happy with the attention! Have a Great Day!
I really liked the fact that everything was automatic. I signed the contract, received the money, and now I see th deposits happen automatically without any penalties. Great service!
Happy with the service. Rates could be a little better though.
Got my loan approved within a day. Super convenient and trustworthy service.
Quick approval, easy terms. Everything was transparent from the start.
Very satisfied with how smooth and quick the application was.
Excellent experience! The process was fast and the team was very helpful.
Top-notch service! They exceeded my expectations in every way.
SimplyBorrowed is a financial services provider dedicated to serving individuals who may face challenges with traditional Canadian banks. They utilize a proprietary qualification system in conjunction with third-party vendors like Zumrails and Certn to deliver services.
Upon approval, the funds will be deposited directly into the bank account you have supplied. Applicants must have a bank account that is at least 6 months old.
Your credit score remains unaffected by SimplyBorrowed loans, and it will only be impacted if you default on your payments.
SimplyBorrowed offers a user-friendly online loan application process. After submitting your application, they quickly assess your eligibility and, if qualified, request basic documentation for verification. Once approved, you'll receive a loan offer detailing terms. If you accept, the approved funds are deposited directly into your bank account. Repayments are made according to the agreed schedule. This transparent and accessible process is designed to assist newcomers and other individuals in Canada seeking financial support.
SimplyBorrowed's approval process is streamlined and efficient. After submitting an online loan application, their team promptly assesses your eligibility. If you meet the criteria, they may request basic documentation for verification purposes. Once your application is approved, you'll receive a clear loan offer outlining the terms and conditions. If you choose to accept the offer, the approved funds are then swiftly deposited into your designated bank account. This straightforward process is designed to provide quick and accessible financial support to those in need.
Eligibility for a loan with SimplyBorrowed typically depends on various factors, including your creditworthiness, income, and financial stability. While specific eligibility criteria may vary, generally, applicants who are permanent residents, international students, or Canadian citizens may qualify for their loan products. SimplyBorrowed assesses your ability to repay the loan, and eligibility is determined based on a Payment Capacity Assessment and their proprietary qualification system, which considers income, expenses, and other financial factors. It's advisable to directly contact SimplyBorrowed or visit their website for the most up-to-date and detailed eligibility requirements.
SimplyBorrowed Review 2026