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.
Loan Express is a payday lender in Canada that was first established in 2006. With over 15 years of experience in the lending industry, they know how to get you a cash advance quickly. They provide these advances in the form of small loans with short terms of 14 days. They accept applications every day of the year (24/7). With their minimal requirements people from all walks of life, even those with bad credit, are welcome to apply with Loan Express. Whether you need some cash for an emergency, a large purchase, or simply to make ends meet, Loan Express will get you the money no matter where you are in Canada.
Applying for a payday loan is a fairly simple process. Most applicants take between 5 and 20 minutes to complete the application form depending on how well they’ve prepared. At Loans Express the entire application process is done online. You don’t have to wait in line at a branch or go through any formal process. Simply fill out their 1-page online application form with the following information:
If your application is approved you will receive your requested funds by the next business day. You can also opt to use Loan Express’s online bank verification if your bank supports it. This method will allow you to receive your loan through an e-transfer within 5 minutes of signing your loan agreement.
In general, Payday lenders have very low requirements. loans Express is no different. To qualify for a loan you must meet the following criteria.
Keep in mind that the amount you qualify for is determined by your income level. For example, you may only qualify for $300 even if you need $700.
Applying for a payday loan with Loan Express in Canada can take as little as 5 minutes to complete. Simply follow these steps:
Aside from the traditional income you get from employment, Loan Express accepts income from many other sources including Canada Child Benefit (CCB), pension, disability benefits, and any other government benefits. However, these payments must be registered as direct deposits and must be paid periodically to be accepted.
As a side note, income from employment will only be considered if you have been employed for at least 2 months. Depending on your position, some employment income may only be considered if you have been employed for at least 6 months.
Yes, in general, payday lenders don’t check your credit score. They simply need to know your employment stability and income level to grant you a loan. In fact, payday loans are catered to people who have bad credit scores. So, don’t worry about having bad credit when applying for a payday loan.
Province | License Number |
Albert | # 327001 |
British Columbia | # 50028 |
Manitoba | # 39281 (expires 2022-Oct-18) |
New Brunswick | # 200001546 (expires 2023-Feb-18) |
Newfoundland | # 20-23-LO073-1 |
Nova Scotia | # 202645507 (expires 2023-Jul-31) |
Ontario | # 4716499 expires 2023-Jul-15 |
Saskatchewan | # 100056 |
Loan Express has a unique feature that makes it excel at providing fast and immediate loans. This feature allows you to request and receive a loan at any point in time immediately. To access this feature you simply need to create an account with them and fill out your information. With your file on hand, you can request money and receive it when you need it. So when you’re faced with a financial emergency that requires money then and there, Loans Express can help.
Province | Max cost per $100 borrowed | Max Penalty for Returned Cheque | Cooling Off Period | Loan Rollover or Extension |
Ontario | $15 | n/a | 2 business days | Not allowed |
British Columbia | $15 | $20 | 2 business days | Not allowed |
Alberta | $15 | $25 | 2 business days | Not allowed |
New Brunswick | $15 | $20 | 48 hours (not including Sundays and holidays) | Not allowed |
Manitoba | $17 | $20 | 48 hours (not including Sundays and holidays) | Allowed |
Saskatchewan | $17 | $25 | Next business day | Not allowed |
Nova Scotia | $19 | $40 (default penalty) | Next business day (or 2 days for online payday lenders) | Not allowed |
Newfoundland and Labrador | $21 | $20 | 2 business days | Allowed |
Prince Edward Island | $25 | n/a | 2 business days | Allowed |
Quebec | 35% AIR | n/a | 10 days | Not allowed |
When taking out a loan with Loan Express you must be aware of the costs involved because it can very easily cost more than you can afford. In general, you must ask your lender to clarify the following costs:
Loan Range | Rate & Terms | Product Details | Eligibility | Requirements & Documents | |
---|---|---|---|---|---|
Payday Loan | - |
|
| 18 years of age or older Active bank account for last 30 days Steady income Paid via direct deposit | Government-issued ID Proof of income |
LOAN EXPRESS WAS AWESOME. This is now my third time taking a loan with this company What I also like about this company is they allow loans to be spre... read more
Amazing, was at breaking point and was accepted. Thank you for giving me a chance when know one else would
Very friendly customer service. Easy to get approved. Would recommend to anyone
Very good service and customer friendly.
Excellent customer service!!! Fast, friendly, and when you need money now, they get it to you!
Suddenly the rules change!! I am on Disability! They fucked me over on food money for the month! Not cool!!!!!!!!!365 dollar loss in one month!!!!Now ... read more
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Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
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