There are several companies that offer online microloans. They are available in the majority of provinces in Canada, but the laws in place can vary a bit from province to province. However, from one lender to another, the experience can be drastically different, especially when it comes time to pay back your loan.
We could talk at length about personal loans offered by traditional institutions, their lengthy process or the difficulties of qualifying for them. But fortunately, online microloans often have none of these disadvantages. So why choose to apply for your loan online at Prêt Xtra?
Prêt Xtra Loan is a trusted financial institution. They are registered with the Business Registry and are in good standing with the Consumer Protection Office. Payment terms are flexible, with repayments as per your choice; every week or two weeks. Our proposed loans have low interest rates! In addition, all information provided during your application will be kept secure and private.
If you are considering borrowing the money you need, online lenders are definitely worth checking out. Here’s why an online loan with Prêt Xtra is a reliable and convenient option for borrowing money:
Our agents are courteous and understanding
First and foremost; their agents understand that discussions about finance can be tricky, especially when you with an urgent need for money. Xtra Loan agents strive to provide polite and courteous service on all occasions. If you are having trouble with your repayment; give them a call, they have several solutions to keep your loan from becoming a liability!
MICROS LOANS = FLEXIBLE AMOUNTS
The amounts Prêt Xtra offers range from $100 to $2500. Whether you need a small amount to complete a payment, or a larger amount to cushion a contingency or accomplish a project; it’s easy to find the right amount of money for any budget. Many companies don’t lend such small amounts, which makes Prêt Xtra an ideal solution for micro-loans.
QUICK FILL APPLICATION
The online loan application is very convenient. All you have to do is visit the website and fill out the required form. The online loan application can be done anytime and anywhere as long as you have an internet connection. You can simply use your laptop, tablet or even your phone. The application only takes a few minutes to complete and is completely confidential. It involves only 5 steps that are simply to identify you, it is the bank verification that matters most.
WITHOUT CREDIT INVESTIGATION
Most lenders require a credit inquiry to assess the risk of your file. However, with Xtra Loan micro loans; there is no credit inquiry; neither your score nor your Equifax or Transunion file history will be consulted. Instead, the process relies on your ability to repay by assessing your debt load and looking at your banking history. As long as you have a stable income and consistent expenses, your micro loan should be approved in about 1 hour.
RECEIVE MONEY FAST
Many online lending platforms guarantee fast approval of money within one to three days. At Xtra Loan, approval is usually within 24 hours and you can receive the money directly into your account within an hour! Of course, approval and transfer only occur during business hours.
Bref, Xtra Loan offers courteous, fast service with flexible and secure approval! If this is your first experience with online loans; start with Xtra, they will make you feel confident.
