Bad Credit Loans
When you need fast funds, Friendly Lender is here to help.
When you need to borrow money, we offer fast funds with quick approval.
If you need bad credit loans we are here to help. We are a trusted source of fast cash in Canada with an easy application process.
Does Not Affect Your Credit Score
Disclosure:
All loans are subject to credit and underwriting approval. Friendly Lender is a loan search platform, not a lender. Friendly Lender only works with financial service providers that adhere to Canadian laws and regulations. Loans range from $500-$5,000 with terms from 4 months to 240 Months or longer. APRs range from 29.99% to 46.96% and will depend on our partner’s assessment of your credit profile. For example, on a $1,000 loan paid monthly over 12 months at 29.99% APR, a person will pay $125.09 per month for a total of $1,501.08 over the course of the entire loan period. In the event of a missed payment an insufficient funds fee of around $45 may be charged (dependent on the lender). In the case of a default on your loan your payment plan may be terminated, and different collection methods may be employed to collect your remaining balance. Our lenders employ fair collection practices and Canadian law.
Bad Credit Loans
When you need fast funds, Friendly Lender is here to help.
When you need to borrow money, we offer fast funds with quick approval.
If you need bad credit loans we are here to help. We are a trusted source of fast cash in Canada with an easy application process.
Does Not Affect Your Credit Score
What are Bad Credit Loans?
If you have a poor credit history, your options can be limited when looking to borrow. This type of loan is for those with poor credit that would find it difficult to qualify for a loan with most lenders.
When you need financial assistance for bills or unexpected expenses then bad credit loans can provide the money you need quickly and easily. Simply click apply to get started.
How it Works
Why Choose FriendlyLender
✓ Easy to Apply Online
✓ Fast, Safe and Secure
Quick Decisions & Funding Who is Eligible?
Loans for Bad Credit
Having bad credit doesn’t mean you are not able to get a loan when you need it. While banks might deny your request because of this, online lenders like Friendly Lender make it possible to get bad credit loans to help you through difficult times.
You might think you don’t have any options for loans with bad credit but you can count on Friendly Lender to offer you options. To qualify for an online loan is easy. You should be a Canadian resident with a regular income, at least 18 years of age and have an active bank account. Once you have applied, you will be able to see details such as rates, terms, and look over the agreement.
Friendly made it easy to get my loan and worked with me to help through the process. I was impressed with the assistance I received.
When I had a repair needed for my car and had to get it done fast, Friendly showed me how and proved not all lenders are the same.
I needed an urgent loan and Friendly Lender allowed me to get money quickly. The team is very friendly and responds very quickly.
Bad Credit Loans Canada
When looking to get a loan but your options are limited, then bad credit loans might be what you need. Most Canadian banks will only approve those with a good to excellent credit score, leaving many without many options to choose from.
You might find some lenders offering bad credit loans with guaranteed approval but these types of loan offers should be viewed with caution. All lenders do some kind of application review. It’s how they determine the risk of a potential borrower and whether they are likely to repay the loan. Not all lenders use a credit score from bureaus like Equifax or Transunion. In some cases they’ll use alternative data when considering your application. While you might see things mentioned like no credit check, which is sort of true in some cases, it’s when you see guaranteed approval that you should think twice before applying.
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