Frequently Asked Questions
Find answers to common questions about loans and our service.
What types of loans do you offer?
We connect you with lenders offering personal loans, business loans, mortgages, car loans, debt consolidation, and home equity loans. Each type serves different needs and has varying requirements.
How do I apply for a loan?
Simply fill out our online application form with your basic information, income details, and loan requirements. We will match you with appropriate lenders who may contact you with offers.
What are the minimum requirements?
Generally, you need to be 18+ years old, a Canadian resident, have a steady income, and an active bank account. Specific requirements vary by loan type and lender.
How long does approval take?
Initial responses often come within minutes to hours. Final approval and funding times vary by lender and loan type, ranging from same-day to several business days.
Will applying affect my credit score?
Initial inquiries typically use a soft credit check that does not impact your score. If you proceed with a specific lender, a hard inquiry may occur.
Can I apply with bad credit?
Yes, many of our partner lenders consider applicants with various credit histories. Your credit score is one factor among many in their decision process.
What interest rates can I expect?
Interest rates vary based on loan type, your credit profile, income, and lender. Personal loans typically range from 6% to 46%, while secured loans like mortgages and car loans often have lower rates.
Is there a fee to apply?
No, our matching service is free for borrowers. Lenders may charge origination fees or other costs, which will be clearly disclosed before you accept any loan offer.