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Progressa: Overview

Since it was first established in 2013, Progressa has become one of the country’s fastest-growing sources of debt consolidation services, with offices located in Vancouver and Toronto. When you apply here, you can potentially access a loan of $1,000 – $15,000, which you can use to pay off all your outstanding debts in one go, then reimburse over a payment plan of 6 – 60 months. At your request, Progressa can even send the funds directly to your lenders to speed the process along. Take a look at their website, blog, and contest opportunities today.

Services & Products

Progressa Offered Services

Debt Consolidation Loan

Loan Range
$1,000 - $15,000
Interest Rate
19% - 46.95%
Terms (Months)
6 - 60
Funding Time
Up to 48 hours
Funding Method
Direct bill payment Cheque Direct deposit
Repayment Options
Automatic debit
Eligibility
Canadian resident 18 years of age or older Minimum monthly income of $1,500 Employed at same location for last 6 months
Requirements & Documents
Proof of income Proof of residency 2 government-issued photo IDs Last 3 months of bank statements Void cheque/ pre-authorized debit form

Reviews

Reviews & Rating

Reviews From Experts

Sean Cooper avatar on Loans Canada

Progressa is one of the best lender websites I’ve visited. Its website design is sleek and easy to navigate. It goes a step further by offering video content to get to know the team and build trust. Progressa has a great online reputation from third parties like Google and the BBB and has been the recipient of awards. It has an active blog with helpful articles and is quite active on social media.

Application simplicity

Reputation

User experience

Information and transparency

Accessibility

Written by: Sean Cooper
Posted on July 24, 2019

See what others have to say about Progressa

Progressa’s loan process was very easy and extremely quick!

Progressa’s online system is not user friendly. Repeat customer experience using the online system is horrendous. Loan is automatically denied.

Progressa has put a 30 past do mark on my credit report because of an error they made and have refused to acknowledge it or get back to me.

User friendly application.

Have you had any experience with this provider? Let others know!


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