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% – 34.95%
Terms (Months)
12 – 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
Customer Experiences
What Customers Are Saying About Progressa
M
Mike Hunt
Rated 5 out of 5
Progressa's loan process was very easy and extremely quick!
L
L.White
Rated 1 out of 5
Progressa's online system is not user friendly. Repeat customer experience using the online system is horrendous. Loan is automatically denied.
M
Megan
Rated 1 out of 5
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.
L
Lea Jokinen
Rated 5 out of 5
User friendly application.
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