Bad Credit Loans - Canada Free Credit Reports

Bad Credit Loans in Canada are available to individuals with all credit ratings but have been tailored specifically for customers who may have been refused loans elsewhere due to their less-than-perfect credit history. Bad credit loans are extremely flexible in terms of the size and length they have to offer. Whether you're in need of a small sum to cover unexpected costs before your next pay cheque or larger amounts for purchases such as a new car or home improvements there are sure to be a loans providers which suit your needs. When researching Bad Credit Loans, look out for references to ‘Loans for people with bad credit' or ‘Loans for Bad Credit' as these are other names for this type of loan. Spend time comparing the key features of the different types of loans on offer. The most important aspect to study is the borrowing rate. Due to the high risk nature of loans for people with bad credit the interest rate tends to be higher and in some cases the repayment costs may be beyond your means.

COMPANYAPRLOAN AMOUNTMIN TERMMAX TERMPROVINCETERMSSUITABLESECURED LOANSAPPLY

Dollars Direct
Dollars Direct

599.64%Up to $1,5000 days62 daysView

Province

British Columbia, Ontario and Alberta

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Terms

You must be employed, have an active bank account and be over the age of 18 years old.

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Suitable

Emergency cash needs

NoDollars Direct
DollarsDirect provides you with a fast, convenient and reliable payday loans service. Their payday loans can help you bridge the gap between paydays and are a convenient option if you cannot access a payday loan through a traditional service.. New customers may qualify for up to $500 and returning customers can receive up to $1,500. To save 30% on your initial loan fee at DollarsDirect.ca, use discount code: CJHOLIDAY (not redeemable in British Columbia.) Click apply for the application form.Services

Services

1. Apply online
2. You may qualify for up to $500 for your first loan from DollarsDirect
3. Returning customers can receive up to $1,500


Advantages

Advantages

1. Apply online in minutes 24 hours a day, 7 days a week
2. Easy to qualify — perfect credit not required
3. No paperwork required and there’s usually nothing to fax
4.  Get your money today with same-day funding at no extra charge!


Disadvantages

Disadvantages

1. The loan term can be up to 62 days.
2. For a loan of $1,500, the total cost of borrowing would be $315. The total amount you would repay would be $1,815.

Canada Loan Source
Canada Loan Source

Depends on LenderUp to $1,5001 days31 daysView

Province

View

Terms

You must be employed and over the age of 18 years old.

View

Suitable

Immediate Cash Needs

NoCanada Loan Source
CanadaloanSource.com provides you with a loan when you need emergency funds. There are very few requirements for approval on these bad credit loans and you will not need perfect credit to qualify! Apply online and you could receive your funds within 24 hours of submitting an application. Please make sure that you read the terms and conditions of this Loan before you make an application. This will ensure that you fully understand your financial obligations. Click apply for the application form.Services

Services

Pay day loan service


Advantages

Advantages

1. Immediate Approval
2. Funds deposited same day
3. Up to $1,500 Loan


Disadvantages

Disadvantages

1. Not available for self-employed, social assistance, workers comp or disability.
2. For short-term money needs only

Money Mart
Money Mart

599.64%Up to $1,5007 days42 daysView

Province

Alberta, Ontario, Nova Scotia and British Columbia

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Terms

You must have an active bank account with direct deposit and be at least 18 years of age.

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Suitable

Emergency cash needs

NoMoney Mart
Whatever you need that extra bit of cash for, Money Mart has got you covered. It doesn't matter if you have bad credit or have been turned down by other lenders, Money Mart can help you get a fast and easy Bad Credit Loan. Please make sure that you read the terms and conditions of this Loan before you make an application. This will ensure that you fully understand your financial obligations. Please make sure that the loan is repaid in time to avoid extra fees and charges. Click apply for the application form.Services

Services

1. Apply online
2. You may receive up to $1,000 for your first loan
3. Repeat customers can receive up to $1,500


Advantages

Advantages

1. Online Application – apply 24 hours a day, 7 days a week
2. No faxing required for qualified applicants
3. Cash deposited directly into your bank account, or pick-up your funds
4. Convenient, quick, hassle free


Disadvantages

Disadvantages

1. You must have a source of income with direct deposit
2. You must reside in a province where the loans are offered

Red Leaf Loans
Red Leaf Loans

variesUp to $10001 day15 daysView

Province

View

Terms

Must be employed and over the age of 18

View

Suitable

Short term borrowing needs

NoRed Leaf Loans
FREE YOUR WALLET! Receive up to 1000 dollars. Avoid the typical obstacles that come with borrowing money from a bank. It’s fast, easy, confidential, and all done without waiting in line. This could be the best solution for your urgent financial needs. RedLeafLoans.ca maintains the highest standards in responsible lending practices. If at any time you find that you are becoming dependent on this type of loan, or are using it to cover long-term financial obligations, we strongly advise that you seek independent debt advice.Services

Services

1. Secure online application.


Advantages

Advantages

1.Competitive pricing and we are upfront about our fees
2.Money can be received as early as the same day you apply
3.We take the utmost pride in ensuring your information is always kept completely confidential.
4.Customer service representatives available to answer any questions or concerns throughout and after the entire loan process.


Disadvantages

Disadvantages

1. Alberta and Ontario only

2. Do not offer extensions or rollovers

View Bad Credit Loans in CanadaFree Credit Reports

Bad Credit Loans in Canada, including Ontario and Toronto for everybody with a bad credit history

A bad credit score doesn't have to mean you cannot borrow money

Who can get a Bad Credit Loan?

Bad Credit Loans are available as car loans, personal loans for any purpose. Employed as well as unemployed people can apply for it. If one has debts already or have been turned down by other lenders, one still can apply for a loan.

The requirements for a Bad Credit Loan

The requirements vary from lender to lender, but usually one has to be at least 18 years old and be a Canadian citizen with a permanent address in the country. Many lenders want to have a proof of minimum income as well.

The advantages of a Bad Credit Loan in Canada

Even if you have been rejected by other banks or lenders you still might get accepted for a Bad Credit Loan. Usually, the terms are quite flexible and one can borrow up to 2500 dollars.

Are there any disadvantages?

If one already has a bad credit score one should consider carefully if it is really necessary to take out yet another loan. It always is important to check if one really is able to pay back any loan to avoid ending up in serious debts.

How to find the best Bad Credit Loan

Browse around on this page and view the different lenders who offer Bad Credit Loans. Check their terms and conditions compare their interest rates and apply for the loan of your choice directly online.

Bad Credit Loans Latest News

Average Canadian Debt Exceeds $25,000
22 October 2012
Bad Credit Good Solutions
The level of Canadian debt has grown significantly over the last year according to a new report released this week, with the average debt load reaching $25,597.
Read More >>
Want A Credit Card But Have Bad Credit?
17 October 2012
Bad Credit Good Solutions
People with a poor credit rating will struggle to obtain the credit card they want. Those with little or no credit are also likely to be refused. On the Canadian market today there are credit cards specifically designed for people with a poor credit history.
Read More >>
Have You Ever Considered Getting A Bad Credit Loan?
3 October 2012
Bad Credit Good Solutions
Have you got bad credit but want to borrow money? Well if you are being continuously defaulted by the banks, do not despair there is an alternative. Unsecured bad credit loan providers are prepared to lend people with bad credit ratings.
Read More >>
Statistics Canada Say Inflation Continued To Fall
25 September 2012
Bad Credit Good Solutions
According to Statistics Canada, the country’s inflation rate continued to fall last month, falling to 1.2% as most goods and services fell or slightly rose compared with August 2011.
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Pros and Cons Of Debt Consolidation Loans
17 September 2012
Bad Credit Good Solutions
A debt consolidation loan is a loan that you take out and it allows you to consolidate all of your debts into one. These Debt consolidation loans can be very useful if you have run up your credit cards or you have taken out a number of loans which all have high interest rates and you are continuously skipping your monthly repayments
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