Helium Loans Reviews, Ratings And Fees August 2021

Based on 1
Customer Reviews
ADDRESS
250 University Ave Suite 200
Toronto, Ontario
M5H 3E5
BUSINESS HOURS
  • Monday - Sunday 9 am - 11 pm
WEBSITE
https://heliumloans.com/
PROVIDER DETAILS

Who Is Helium Loans

Helium Loans is an online lender that provides loans in Canada and soon the US and the UK. When you apply with Helium Loans, you’ll be directly dealing with them as they are a direct lender. That means they will handle everything from processing your application to funding you, to repayments. Whether you’re in need of extra cash for a large purchase or an emergency expense, Helium loans offer a range of credit products to suit your needs. They currently offer the following loans:  

  • Personal loan
  • Auto loan
  • Line of credit
  • Business loan
  • Coffee Cup Loan (an alternative to a payday loan)

Moreover, Helium Loans offers a fast and easy application that takes approximately 5 minutes to fill, after which you’ll get an instant decision. If approved, you’ll receive your funds the same day through an e-transfer. First-time borrowers who pay back their loan on time will receive a 10$ gift card.

Services

Offered Services

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Loan Range
Rate & Terms
Product Details
Eligibility
Requirements & Documents

Business Term Loan

$5,000 - $50,000
Interest Rate
6.99% - 46.99%
Term (Months)
6 - 36
Funding Time
Funding Method
Repayment Options
  • Pay by direct debit, e-transfer, debit card, credit card
  • Must be incorporated in Canada
  • Must have a minimum monthly revenue of $10,000 and $5,000 in cash flow.
  • Must be in business for at least a year
  • Must have a personal credit score of at least 600
 

Coffee Cup Loan

$500 - $2,000
Interest Rate
-
Term (Months)
12 - 24
Funding Time
Funding Method
  • e-transfer or direct deposit
Repayment Options
  • Pay by direct debit, e-transfer, debit card, credit card
  • Must have a credit score of 600+
  • Must be employed
  • Must have a net income of at least $2,000
  • Must have an active bank account that is in good standing
  • Must be a resident of Canada
  • Must be at least 18 years of age 
  • Must not have declared bankruptcy in the last 7 years

Auto Loan

Up to $50,000
Interest Rate
-
Term (Months)
24 - 60
Funding Time
Funding Method
Repayment Options
  • Pay by direct debit, e-transfer, debit card, credit card
  • Must have a credit score of 600+
  • Must be employed
  • Must have a net income of at least $2,000
  • Must have an active bank account that is in good standing
  • Must be a resident of Canada
  • Must be at least 18 years of age 
  • Must not have declared bankruptcy in the last 7 years

Line of Credit

Up to $10,000
Interest Rate
-
Term (Months)
-
Funding Time
Same day
Funding Method
Repayment Options
  • Pay by direct debit, e-transfer, debit card, credit card
  • Must have a credit score of at least 700
  • Must be a resident of Canada
  • Must be at least 18 years of age 
  • Must not have declared bankruptcy in the last 7 years
  • Must have some form of security such as owning your home, car or have a mortgage with equity

Personal Loan

$1,000 - $5,000
Interest Rate
6.99% - 46.99%
Term (Months)
12 - 36
Funding Time
Same day
Funding Method
  • e-transfer or direct deposit
Repayment Options
  • Pay by direct debit, e-transfer, debit card, credit card
  • Must have a credit score of 600+
  • Must be employed
  • Must have a net income of at least $2,500
  • Must have an active bank account that is in good standing
  • Must be a resident of Canada
  • Must be at least 18 years of age 
  • Must not have declared bankruptcy in the last 7 years
Reviews

Reviews & Ratings

Is Helium Loans legit or a scam? See what others have to say.

This is a trusted service provider in Canada.

- Loans Canada (December 16, 2020)

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Helium Loans Reviews on Loans Canada
Best Personal Loan Provider by Greedy Rates
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