Our goal is to make the online loan process as transparent as possible for Canadian’s seeking financial assistance. View some of the most frequently asked questions we receive with answers below.
The lenders we work with offer loans ranging from $300 to $5,000. The amount you are approved for will depend on your application details and the lender you are matched with.
The answer is yes. Most of the lenders we work with do not perform credit checks and use technology such as instant bank verification to determine your eligibility for an online loan.
To apply here is the necessary information you must provide on our application.
If you accurately fill out all the application details and confirm those details with a lender you can receive your money in as little as 24 hours, sometimes the same day!
There are no restrictions on how you can spend the money you are loaned from the lenders we work with. The most common uses for online loans are bridging a gap between paydays for regular bills or emergency expenses such as home repairs, car repairs and medical bills.
The lenders in our network offer personal loans and payday loans. The type of loan you are approved for will depend on your application.
There are no fees charged to make an application with Lendproconnect. The cost of the loan varies depending on:
Be careful to review the terms before agreeing to any loans.
Please refer to the repayment schedule and terms of repayment within your consumer loan agreement.
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LendProConnect is an independent loan search and financial services comparison platform. LendProConnect may receive compensation from the offers shown on its website or the providers you may be matched with after you submit an application. Our intention is to provide you with the best tools, content, products and services to help you reach your financial goals. LendProConnect services and resources are free to use and we do not charge consumers for any of our services. We aim to provide applicants with impartial and accurate information so that they can make the best financial decisions.
* You acknowledge that by completing and submitting the website application you are applying for a loan. LendProConnect does not perform any credit checks as part of the process of connecting you to a lender. Once connected to a lender they may, at their discretion, perform credit verification through national databases in order to determine your eligibility and ability to repay. Simply having bad credit is often not a disqualifying factor in the loan approval process.
Loans range from $100-$5,000 with terms from 4 months to 24 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).
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