Bad Credit Loans Newfoundland and Labrador - Compare Providers

ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
81683676800 Windmill Microlending$15,000 5.95% Up to 60 months
$15,000
1001666051200 Nyble$20 - $100 0% -
$20 - $100
1001643932800 FlexMoney$500 - $15,000 +18.9% APR 6 - 60
$500 - $15,000
111639094400 Loanz$1,000 - $15,000 29.9% - 46.9% APR   12 - 60
$1,000 - $15,000
71637280000 Symple Loans$5,000 - $50,000 5.75% - 22.99% Up to 84
$5,000 - $50,000
1001623369600 AfterpayVaries 0% 6 or 8 weeks
Varies
71620777600 Spring FinancialUp to $35,000 9.99% - 46.96% 6 - 60
Up to $35,000
171607558400 Helium Loans$500 - $50,000 6.99% - 46.99% 12 - 36
$500 - $50,000
1001600646400 Iceberg Finance$1,000-$7,500 12.99% - 29.99% 24 - 60
$1,000-$7,500
1001598918400 LM Financial$1,000 - $15,000 - -
$1,000 - $15,000
1001598832000 LM Credit$500 – $15,000 + 25.99% 9 - 60
$500 – $15,000
1001595980800 FlexiLoans$200 - $1,200 25% - 32% -
$200 - $1,200
1001593561600 PayBright- 0+ 2 - 60
-
1001582243200 LendCare- - Up to 60
-
1001580947200 ECN Capital- - -
-
91580860800 SimplyBorrowed$500 - $5,000 - 12 - 24
$500 - $5,000
1001580860800 Pebble Cash$350 - $1,000 - 2 - 12 weeks
$350 - $1,000
21580860800 Refresh Financial$1,600 - $25,000 19.99% APR 36 - 60
$1,600 - $25,000
101580774400 goPeer$1,000 - $25,000 7.5% - 31.5% APR 36 - 60
$1,000 - $25,000
1001579478400 North’n Loans$100 - $1,500 - -
$100 - $1,500
1001579478400 MDGUp to $3,200 - -
Up to $3,200
1001579219200 Loan or Credit$100 - $25,000 +4.9% -
$100 - $25,000
1001576713600 Flexiti Financial- Up to 35% -
-
181576713600 Financeit$500 - $100,000 6.99% - 14.99% 12 - 240
$500 - $100,000
1001575590400 Climb1800- 2900 15.99% 23 - 36
1800- 2900
1001562198400 Pylo Finance$500 - $15,000 15.99 - 39.99% 6 - 60
$500 - $15,000
1001560124800 Fresh Start FinanceUp to $15,000 29.99% - 46.96% 9 - 60
Up to $15,000
91545955200 MarbleUp to $20,000 18.99% - 24.99% 36 - 84
Up to $20,000
81552262400 Money Mart$1,000 - $15,000 19.90% - 46.90% 12 - 60
$1,000 - $15,000
1001551830400 Payday King$100 - $1,000 546% APR 14 days
$100 - $1,000
1001569974400 Private Loan Shop$500 - $50,000 15 - 30% -
$500 - $50,000
1001551830400 Progressa$1,000 - $15,000 19% - 46.95% 6 - 60
$1,000 - $15,000
1001551398400 Money Provider$500 - $1,000 28% - 32% -
$500 - $1,000
1001551398400 Loan Express- - 14 days
-
151546128000 Loan AwayUp to $5,000 19.9% - 45.9% APR 6 - 36
Up to $5,000
1001551139200 Lendful$5,000 - $35,000 9.9%+ 6 - 60
$5,000 - $35,000
101551139200 LendDirectUp to $15,000 19.99% APR Open-end
Up to $15,000
1001550534400 Health Smart Financial Services$300 - $25,000 7.95%+ 36 - 60
$300 - $25,000
1001550534400 Focus Financial Inc.Up to $1,500 Up to 59% APR 14 days
Up to $1,500
1001550534400 Eastern Loans$500 - $1,000 28% - 32% 3 -5
$500 - $1,000
1001550534400 DMO Credit$300 - $1,000 38% APR 3 - 4
$300 - $1,000
1001549411200 Capital Cash$100 - $1,000 546% APR 14 days
$100 - $1,000
1001549238400 Credit 700$500 - $1,000 28% - 32% 4 - 5
$500 - $1,000
1001549238400 Credit2Go$250 - $1,000 29% APR 3 - 4
$250 - $1,000
201548720000 Ledn$500 - $1,000,000 7.9% 12
$500 - $1,000,000
1001548720000 Amber Financial$1,000 - $50,000 4.6% – 49.96% 3 - 60
$1,000 - $50,000
1001548633600 Affirm Financial$300 - $7,500 29.9% - 39.9% 6 - 60
$300 - $7,500
1001548633600 310 Loan$50 - $1,500 - 14 days
$50 - $1,500
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
161545264000 Ferratum$2,000 - $10,000 18.9% - 54.9% 12 - 60
$2,000 - $10,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
11543622400 Fairstone FinancialUp to $50,000 19.99% - 39.99% 6 - 120
Up to $50,000
1001545264000 Consumer Capital Canada$500 - $12,500 19.99%+ 12 - 60
$500 - $12,500
1001545350400 LaminaUp to $1000 30% 3 - 5
Up to $1000
1001545350400 Loans SOSUp to $5,000 60% 6 - 60
Up to $5,000
1001545350400 Cashco FinancialUp to $7,000 - 6 – 60
Up to $7,000
1001545350400 UrLoan$500 - $2,500 29% - 46.95% 6 - 36
$500 - $2,500
1001545350400 LoanMeNow$500 - $1000+ 28%-32% 3
$500 - $1000+
1001545350400 Captain Cash$500 – $750 28% – 34.4% 3
$500 – $750
1001545350400 BC Loans$500 – $750 23% - 34.4% 3 – 12
$500 – $750
1001545350400 Urgent Loans$300 - $1500 27% - 35% 3 - 4
$300 - $1500
61545264000 easyfinancial$500 - $100,000 Starting at 29.99% 9 - 84
$500 - $100,000
41545264000 Mogo Finance$300 – $35,000 9.9% - 47.72% 24 - 60
$300 – $35,000
51545177600 Borrowell$1,000 - $35,000 5.99% - 29.19% 36 - 60
$1,000 - $35,000
141545177600 Magical CreditUp to $20,000 19.99% - 46.8% 12 - 60
Up to $20,000
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
81669852800 Driven$500 - $300,000 - 2 - 24 months
$500 - $300,000
1001648512000 2M7 Financial Solutions$10,000 - $250,000 Varies 6-12
$10,000 - $250,000
1001620345600 TD Bank- - 12 - 60
-
1001611878400 Accord Financial$5,000 - $30,000,000 - Up to 18
$5,000 - $30,000,000
171607558400 Helium Loans$500 - $50,000 6.99% - 46.99% 6 - 36
$500 - $50,000
1001598918400 Loop- - -
-
1001585612800 BarterPay- 0.9% - 12% 6 months - 5 years
-
1001581984000 Clearbanc$10,000 - $10,000,000 6% - 12.5% -
$10,000 - $10,000,000
1001581033600 GE Capital- - -
-
1001581033600 We Can Financial- - -
-
1001580947200 Key Equipment Financing- - -
-
1001580947200 Corl$10,000 - $1,000,000 - -
$10,000 - $1,000,000
1001580860800 Yellowhead Equipment Finance Ltd- - -
-
1001580860800 Specialty Truck Financing- - -
-
1001580860800 Travelers Financial- - -
-
1001580860800 Peel Financial- - -
-
1001580860800 Pioneer Financial Services$5,000 - $1,000,000 - -
$5,000 - $1,000,000
1001580860800 Polaris Leasing- - -
-
1001580860800 Patron West- - -
-
1001580860800 Payabilityup to $250,000 - -
up to $250,000
1001580860800 Planet Financial- - -
-
1001580688000 RiseUp to $10,000 - -
Up to $10,000
1001580256000 Merchant Growth$5,000 - $500,000 - 6 - 18 months
$5,000 - $500,000
1001579478400 Onesta- - -
-
1001579478400 Lionhart Capital$10,000- $30,000,000 Min 4.95% -
$10,000- $30,000,000
1001579478400 Lift Capital- - 12 - 120
-
1001579478400 Leaseline- - 24 to 60
-
1001579478400 Lease Direct- - -
-
1001579478400 John Deere- - -
-
1001579046400 Hitachi Capital Canada- - -
-
1001577059200 Export Development Canada- - -
-
1001577059200 Essex Lease Financial Corporation- - -
-
1001577059200 Equilease- - -
-
1001575849600 Alliance Financing Group LTD$5,000 - $150,000 15% + 6 - 24
$5,000 - $150,000
1001575849600 CanaCapUp to $250,000 - -
Up to $250,000
1001575590400 CLE Capital- - -
-
1001575590400 Canada Equipment Loan- - -
-
11545955200 SharpShooter Funding$5,000 - $150,000 Fee-Based: Starting at 9% 12 - 60
$5,000 - $150,000
1001552262400 Laurentian Bank of CanadaUp to $250,000 - Up to 10 years
Up to $250,000
1001552262400 HSBC Bank Canada- - -
-
1001552262400 National BankUp to $1,000,000 - -
Up to $1,000,000
1001551830400 Canadian Imperial Bank of Commerce (CIBC)$10,000+ - Up to 15 years
$10,000+
1001551830400 ScotiabankUp to $1,000,000 -   Up to 15 years
Up to $1,000,000
1001551830400 Bank of Montreal (BMO)Up to $500,000 - Up to 10 years
Up to $500,000
1001551830400 Royal Bank of Canada (RBC)$5,000 - $10,000 - Up to 7 years
$5,000 - $10,000
1001551398400 CWB National Leasing$3,500+ - -
$3,500+
1001551398400 Money in Motion$10,000 - $1,000,000 4% - 14% 12 - 84
$10,000 - $1,000,000
1001551139200 Lease LinkUp to $75,000 - Up to 18
Up to $75,000
1001550534400 FundThrough$500-$50,000 0.5% weekly 12 week cycles
$500-$50,000
1001550534400 Econolease Financial Services Inc.$1,000 - $1,000,000 6% - 20% -
$1,000 - $1,000,000
1001550534400 Easylease CorpUp to $5,000,000 4.5% 24 - 72
Up to $5,000,000
1001550534400 Capify$5,000 - $200,000 - -
$5,000 - $200,000
1001549411200 Canadian Equipment Finance$50,000 - $12,000,000 - 24 - 96
$50,000 - $12,000,000
1001549411200 Capital Key$5,000 - $1,000,000+ - 1 - 60
$5,000 - $1,000,000+
1001549238400 Cashbloom$5,000 - $1,000,000 - 3 - 24
$5,000 - $1,000,000
1001548720000 BFS Capital$5,000 - $5,000,000 - 4 - 18
$5,000 - $5,000,000
1001548720000 BDCUp to $100,000 6.05% + 60
Up to $100,000
1001548720000 Baron Finance$10,000+ 18% - 22% -
$10,000+
1001548720000 B2B Bank$10,000 - $300,000 4.70% - 5.45% -
$10,000 - $300,000
51545177600 Borrowell$1,000 - $35,000 5.6% – 25.5% 36 – 60
$1,000 - $35,000
1001545264000 iCapital$5,000 - $250,000 - 3-18
$5,000 - $250,000
1001545264000 Lendified$5,000 - $150,000 - 3 - 24
$5,000 - $150,000
1001545350400 IOU Financial$5,000 – $100,000 15% + 12 – 18
$5,000 – $100,000
1001545264000 Company Capital$5,000 – $100,000 Starting at 6.87% 3 – 18
$5,000 – $100,000
1001545177600 OnDeck$5,000-$250,000 8% - 29% APR 6 - 18
$5,000-$250,000
1001545177600 Lending Loop$5,000 – $500,000 Starting at 5.9% 3 – 60
$5,000 – $500,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
1001561507200 Thinking CapitalUp to $300,000 - -
Up to $300,000
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
41632960000 SafeLendUp to $50,000 14.9% + 12 -72
Up to $50,000
61624233600 Auto Credit DealsUp to $50,000 29.99% – 46.96% 12 - 96
Up to $50,000
171607558400 Helium Loans$500 - $50,000 - 24 - 60
$500 - $50,000
1001600646400 Iceberg Finance$1,000-$7,500 12.99% - 29.99% 12 - 84
$1,000-$7,500
1001594339200 Alphera Financial Services- - -
-
1001581033600 WeFinanceCars- + 4.9% -
-
1001581033600 Walker Financial Services- - -
-
1001580688000 Rifco- - -
-
1001579478400 National Powersports Financing- - -
-
1001579478400 LMG Finance- - -
-
1001578873600 iA Auto Finance- +8.99% -
-
1001578873600 Gamache Group- - -
-
1001551830400 Royal Bank of Canada (RBC)$5,000 - $10,000 - up to 84
$5,000 - $10,000
1001552262400 Laurentian Bank of CanadaUp to $250,000 - 12 - 60
Up to $250,000
1001552262400 National BankUp to $1,000,000 - up to 96
Up to $1,000,000
1001551830400 DesjardinsUp to $100,000 - 6 - 96
Up to $100,000
1001551830400 Canadian Imperial Bank of Commerce (CIBC)$10,000+ - 12 - 96
$10,000+
1001551830400 ScotiabankUp to $1,000,000 - up to 96
Up to $1,000,000
1001577059200 Daimler Truck Financial- - up to 72
-
1001577059200 DealerPlan Financial- - -
-
1001575849600 Coast Capital Savings- Starting at 4% Up to 84
-
1001575849600 Canada Auto Finance$5000 - $45,000 4.90 % - 29.95% APR 36 - 72
$5000 - $45,000
1001575849600 Credit River Capital Inc- - -
-
1001575590400 Capital Trust Financial- - -
-
1001575590400 Canadian Truck Loan- - -
-
1001575504000 Canada Car Loans- - -
-
21569974400 Car Loans Canada$7500 - $59,995 3.95% + 12 - 96
$7500 - $59,995
1001562112000 Car Creditex- Up to 49.9% -
-
1001561507200 Auto Capital Canada- - -
-
1001561507200 Carfinco- - Up to 84
-
11560124800 Canada DrivesUp to $100,000 3.99% - 19.9% 24 -96
Up to $100,000
1001548720000 Approve Canada- - -
-
1001548633600 2nd Chance Automotive- 4.2%+ -
-
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
1001545264000 SkyCap Financial$500 - $10,000 12.99% – 39.99% 9 – 36
$500 - $10,000
1001545177600 Splash Auto Finance by RifcoUp to $50,000 - -
Up to $50,000
1001545177600 Carloans411$5,000 – $40,000 - 12 – 72
$5,000 – $40,000
1001545177600 AutoArriba- - Maximum 84
-
ProviderLoan AmountRateTerm (Months)Rating
00 Up to $50,000Prime – 46.96%3 - 120
Up to $50,000
1001578873600 Instant Loans Canada$1,000 - $35,000 - 24 - 60
$1,000 - $35,000
1001545955200 Newstart CanadaUp to $20,000 19% - 49% 36 - 48
Up to $20,000
1001545264000 BHM FinancialUp to $25,000 - 12 - 60
Up to $25,000
ProviderLoan AmountRateTerm (Months)Rating
00 N/AN/AN/A
N/A
1001627344000 Peoples Bank- 1.94% - 2.45% 12 - 60
-
41545264000 Mogo Finance$300 – $35,000 2.20% - 2.54% 36 - 60
$300 – $35,000
1001581033600 Mortgage Alliance- 2.74% - 6.30% 12 - 120
-
1001580947200 Paradigm- - -
-
1001580860800 Verico- - -
-
1001580860800 True North Mortgage- 2.64% - 4.45% 12 - 120
-
1001580860800 Tangerine$50,000+ 2.74% - 3.49% 12- 120
$50,000+
1001580860800 Turnedaway- - -
-
1001580860800 REICO- - -
-
1001580688000 Motusbank- 2.79% - 6.00% 6 - 60
-
1001579478400 Mortgage Architects- 2.74% - 3.70% 6 - 120
-
1001578873600 IntelliMortgage- - -
-
1001578873600 Invis- 2.69% - 3.95% 6 - 120
-
1001577059200 Dominion Lending Center- - -
-
1001577059200 First National Financial LP- 2.84% - 7.30% -
-
1001574899200 CHIP Reverse Mortgagemin 25,000 3.89.% - 4.84% 12 - 60
min 25,000
1001560124800 Centum- 2.89% - 3.79% -
-
1001548720000 Broker Financial Group Inc.- 2.41% - 3.84% -
-
11517097600 Alpine Credits$10,000+ Based on equity -
$10,000+
ProviderServicesRating
00 Debt Consolidation Program, Debt Settlement Program, Consumer Proposal, Bankruptcy Consultation
N/A (Referrer)
1001576540800 BDO Credit Counselling, Bankruptcy, Consumer Proposal
1001576540800 Full Circle Debt Solutions Inc Credit Counselling, Debt Management Program
1001576368000 Consolidated Credit Credit Counselling, Debt Management Program
1001576454400 4Pillars Debt Restructuring, After Care - Credit Rebuilding Program, Corporate Debt Restructuring

Has your bank or other traditional financial institution in Newfoundland and Labrador been denying your loan applications because your credit is a bit worse for wear? While you can always take some steps that will help you improve or fix your credit score, there are plenty of situations where you might need a loan quickly and don’t have the necessary time. In that case, a bad credit loan in Newfoundland and Labrador could be a very beneficial option for you.

Need a personal loan in Newfoundland and Labrador instead? Read this to know more.

The Start and End of Bad Credit

Not sure what having bad credit even means? A good point of reference might be to take a look at your credit score, which you can either request for a flat fee from one or both of Canada’s credit reporting agencies (Equifax/TransUnion).

Your Canadian credit score is a collective average that represents your credit health. For most conventional lenders in Newfoundland and Labrador, a score of 650 or higher is where you should attempt to reach when you’d like the best chances of approval, coupled with the lowest interest rates possible. Once you’ve dipped below 620, however, you’ll be reaching the zone of bad credit and the level where many lenders in Newfoundland and Labrador will start to deny you. Even if they do accept your applications, they’ll still be giving you a higher interest rate than you would normally receive with good credit, costing you more over time.

How bad credit usually starts for consumers in Newfoundland and Labrador:

  • A long history of defaulted (short, late, missing) loan or credit card payments
  • Loss of employment or financial emergencies
  • Too many hard credit inquiries (when you apply, these drop your score slightly)
  • Undisputed errors found in your credit report
  • A high credit utilization ratio (using more than 30-35% of your available credit)
  • Damage from financial delinquencies (consumer proposals, bankruptcies, etc.)

For some information about bankruptcies in Newfoundland and Labrador, click here.

How you can end bad credit as a consumer in Newfoundland and Labrador:

  • Make an effort to pay all your bills on time and in full
  • Stay above your minimum payments whenever possible (credit cards, lines of credit, other revolving credit products)
  • Don’t apply for too much new credit within a 12 month period
  • Request an annual copy of your credit report, then review it for errors
  • Dispute the errors you discover
  • Keep your credit utilization below 30-35% (raise your credit limit if necessary)

How Does Bad Credit Affect Daily Life?Did you know that bad credit can affect all aspects of your life? Take a look at this infographic.

The Long-Lasting Effects of Bad Credit

If you haven’t already, you should start taking the proper steps to fix your bad credit. After all, lenders in Newfoundland and Labrador want to know, first and foremost, that you’re responsible enough to make all your loan payments on schedule.

Want to know what happens if you can’t make your loan payments? Find out here.

While some lenders in Newfoundland and Labrador don’t check your credit, prioritizing elements such as your income instead, others certainly will. So, when you apply, those lenders see your bad credit and bad debt payment history, assume it’s because you’re an irresponsible bill payer and reject your applications, thinking you’re unworthy of credit. If not, once again, they’ll give you a much higher interest rate, which could only land you in even worse debt if you don’t manage it properly. That debt can then lead to defaulted payment penalties, followed by heightened interest rates, damaging your credit even more and pushing your future approval chances further and further from view.

For a better idea of how ongoing debt will affect you, check out our debt timetable.

Getting Loans in Newfoundland and Labrador, Even With Your Bad Credit

If your credit score is below the 620 mark and your bank has already denied your applications, don’t give up. Improving your credit takes a lot of time and effort, and there’s a chance that you need that loan money sooner rather than later. In that case, there are tons of bad credit lenders all over Newfoundland and Labrador that have been established specifically for clients whose credit is in poor shape.

Credit products in Newfoundland and Labrador you can get with bad credit:

What to watch out for:

  • High-interest rates for bad credit or no-credit-check loans
  • Defaulting on secured credit card payments, resulting in further debt
  • Defaulting on secured loan payments, resulting in possible loss of your assets
  • Your co-signer becoming responsible for your payments if you default, which could result in heavy debt for them
  • Scamming, fraud or identity theft

Canadian Credit ScoreCheck out how your credit score is calculated here.

Newfoundland and Labrador Loan Insurance Scams

Even if you’re desperate for fast cash, it’s always important to protect your financial information from those looking to take advantage of your bad credit situation. When you’re looking for a credit product of any kind, especially one for bad credit, always do as much research as you can to confirm that your potential lender is legitimate. Wondering how you can tell a legitimate lender from a fake one? Take a look at some of the basic warning signs below.

Loan scam warning signs:

  • Your lender asks for “loan insurance” before approval – One of, if not the easiest way to spot a scam artist is when they request that you make a payment upfront to guarantee your approval, which they may call “loan insurance”. It’s just in case you default, right? Wrong! No legitimate lender is ever supposed to request a payment before approving you and depositing your loan funds. In fact, such demands are illegal in Canada.
  • They don’t have a solid reputation – Any good lender in Newfoundland and Labrador and Canada in general, should have a reputation that’s backed by customer reviews, online presence and a page in the Better Business Bureau database.
  • They won’t tell you all relevant information – A clever scammer will pull all the stops to get you to fork over your banking information and hard-earned cash. That includes manipulative sales tactics. Any legal lender is supposed to tell you all you need to know about the loan process, including the exact terms and conditions, as well as how much your loan will cost by the end of your payment period. If your lender in Newfoundland and Labrador is glossing over your questions during the loan process, or your loan application isn’t finely detailed, don’t give them any information.

For more ways of spotting a loan scam, watch this video.

Frequently Asked Questions

What kind of income is considered for bad credit loans in Newfoundland and Labrador?

Many alternative lenders across Canada — Newfoundland and Labrador included — will consider alternative forms of income when evaluating your loan application. These can include many forms of government financial programs such as EI, CCB, and CPP. In order to be considered as income, the lender will require you to submit documents to validate this income and will need to see it being deposited directly into your account every month.

How can I get a loan in Newfoundland and Labrador with no credit check?

There are many lenders who are willing to overlook bad credit and forego a credit check. Other financial indicators will be used to determine your ability to repay the loan. Your debt-to-income ratio, job stability and your overall financial health will be considered. By foregoing a credit check, these lenders are inherently taking on more risk, so a higher interest rate is to be expected.

How can I get a lower interest rate with bad credit?

In the long run, improving your credit score will no doubt get you better interest rates. In the short term, there are ways you can lower the rates your lender charges you despite having bad credit. For example, if you only recently started a new job, consider waiting before applying for a loan as this will be perceived as having better job security by your potential lender. Other options include securing your loan with collateral such as a vechile or home equity.

Loans Canada and Your Bad Credit

If you’re a Newfoundland & Labrador resident with bad credit or you want to prevent your credit from becoming bad using the help of a credit-building tool, make Loans Canada your number one source. Apply with us today and we’ll get you set up with the right lenders for all your bad credit loan needs!

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Loans For Immigrants In Canada

Have you recently made Canada your new home? Are you looking for loans to help cover important expenses? Find loans for immigrants in Canada.

Can You Get Government Funding For An AZ License In Ontario?
Can You Get Government Funding For An AZ License In Ontario?

An AZ license in Ontario is expensive. Find out if you can get government funding for an AZ license in Ontario.

The Real Cost Of A Buy Now Pay Later (BNPL) Service
The Real Cost Of A Buy Now Pay Later (BNPL) Service

While Buy Now Pay Later (BNPL) services may be convenient, it does come at a price. Here's what can make BNPL services more expensive than you think.

Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%
Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%

Did you know the criminal interest rate is dropping from 47% to 35% APR ? Find out how it will affect your ability to qualify for loans.

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