If you are tagged with adverse credit records, conventional lenders do not trust your repayment ability. So, your application fails to get approval from them. In this case, you can rely on poor credit loans which are ideal fix for financial problems of people with bad credit history. You will easily get approval even if you have defaults, arrears, late payments, foreclosure, bankruptcy etc in your credit history. All salaried bad credit holders of Canada can apply for these loans at Canadian Payday Loans Online.
Poor credit loans are offered to those citizens of Canada who have crossed the age of 18 years. To qualify, you should be working as a regular employee for last six months. You salary must be at least C$1000 per month. You should also have a valid bank account on your name. To receive the lent money, your account should be able to accept direct deposit. If you meet these requirements, you will have no problem in getting approval.
Apart from being beneficial for bad credit holders, these loans are also accessible for people who do not own home or other valuable property. Poor credit loans have short repayment term so they can be obtained in unsecured way. As there is no need to pledge collateral against the borrowed amount, tenants can also utilize these loans.
As per your repayment ability, you can attain an amount ranging from C$100 to C$1500. The loan term can be of 14-31 days in accordance with your upcoming salary day. You can pay off the loan after receiving your next pay check. So, you will not have to live with the burden of debt for several months. Lenders provide you poor credit loans without any obligation regarding the usage of the borrowed sum. Any legal purpose can be served with the money. You can pay your insurance premiums or children’ school fees, renovate your house, buy new appliances for kitchen, buy your wedding dress , book a family holiday, make arrangements of a sudden journey or deal with all other temporary requirements with poor credit loans.
To make use of poor credit loans, you just have to fill a brief online application form at Canadian Payday Loans Online. You can choose the most suitable deal for you from various loan quotes offered by reliable lenders. In less than 24 hours, you will get the cash in your bank account.
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.
Do not pay any lender or broker an upfront fee to process your loan application.