Loans Canada Launches Free Credit Score Portal And Is Recognized As One Of Canada’s Top Growing Companies
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
Credit Matik is an alternative lender in Quebec that provides loans between $250 and $1,250. These personal loans have short repayment periods and come with an annual interest rate of 22%. With Credit Matik you don’t have to provide your credit score or any documents. Their instant bank verification technology allows them to verify and approve you for a loan within minutes. Whether you have to cover an emergency expense or make a purchase, you can get the money you need quickly at Credit Matik.
Credit Matik offers what they call a variable credit loan. According to Credit Matik, this means your personal loan has no fixed term and you can pay it off whenever you can, whether that is in one or three years. Just keep in mind that there is a minimum payment (this includes a $20 per week subscription fee) that must be paid on each of your paydays.
Applying for a loan can be daunting when you have bad credit, but at Credit Matik, you can get the loan you need without having to do so. Simply fill out an online application form with the following details:
After you’ve submitted the application form, you will receive an email which will prompt you to complete the instant bank verification.
Once you’ve completed this step you’ll get a confirmation email. A Credit Matik agent will then verify the information you sent and determine how much they can lend you. If approved, you’ll simply have to e-sign the contract to complete the transaction. In most cases, customers will receive the money they requested through direct deposit the same day they apply.
It’s easy to qualify for a loan with Credit Matik. No credit check is involved as they accept individuals with different levels of credit. All that is required for you to qualify with Credit Matik is the following requirements:
If you qualify you can get your loan approved within an hour of applying with Credit Matik.
Like any other loan, getting a loan with Credit Matik has its benefits and drawbacks.
Pros | Cons |
Credit Matik accepts people with various credit scores as it does not require credit checks. | Credit Matik charges a $20/weekly subscription fee until your debt is repaid. |
Their instant bank verification technology allows applicants to get a loan without having to provide any documents. | Credit Matik charges a number of different fees including NSF fees, cash advance fees, payment deferral fees, administration fees, carry-forward fees, re-borrowing fees, maintenance fees and more. |
You can get your funds the same day you apply. | Credit Matik only provides small loans between $250 and $1,250. |
They have a low-interest rate in comparison to a payday loan. | |
You can skip a payment with Credit Matik’s payment deferral option. |
Understanding the cost of a loan can be complicated. At Credit Matik there are a few costs you should keep in mind before taking out a loan.
Credit Matik also may charge administration fees, carry-forward fees, re-borrowing fees, maintenance fees or any other fees in relation to your loan. The amounts are unfortunately not available and are subject to change.
Loan Range | Rate & Terms | Product Details | Eligibility | Requirements & Documents | |
---|---|---|---|---|---|
Personal Loan | $250 - $1,250 |
|
|
|
|
I have used creditmatik and Revfinancial. The advantage is creditmatik you can repay any time, but rev your forced to repay the interest calculated fi... read more
Want to show off your rating on your website? Copy the code below to embed our review widget on your website.
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.
When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.
Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.