Do you think that having a bad credit score is synonymous with a rejection for a personal loan? Don’t know what to do in case you need quick cash for an emergency? Good Life Loan has the solution for you: borrow without a credit check, learn more about it in this article!
What is a loan without a credit check?
Simply put, a loan without a credit check is financial assistance offered by an entity without the need to make an exhaustive review of your data, your documents and your experience with other banks.
Normally, financial institutions tend to be attentive to the payment habits and repayment capacity that a person has.
This can be a problem for many people who, for a variety of reasons, once had a late or missed payment and now have a negative score in the credit bureau databases. In fact, many Canadians have below average scores.
That’s why a loan without a credit check can be a lifesaver in cases of emergency or even if you simply intend to make an important investment for a project. You won’t have to go through all the traditional protocols of the big lenders.
Obtaining a loan without a credit check in Canada
There are many businesses dedicated to offering personal loans with no credit check in Canada. Good Life Loan is one of them. To know that you are working with a reliable company that offers you all the facilities to avoid headaches, we recommend you to be aware of the following details before completing any application form:
- Check interest rates.
- Review the flexibility in terms of instalment payments.
- Make sure the money will be disbursed in a time frame that works for you.
- Take into account the amounts that the entity is willing to lend.
- Verify that they offer you the necessary protection against identity theft and confidentiality.
The simplicity of the loan without a credit check process also lies in the fact that the requirements are very few and easily met. For example, you must have Canadian residency, be of legal age (nationally, this means that you must be 18 years of age or older), and have a steady job with solid earnings.
Besides that, you only need to follow these steps:
Be clear about your needs
Of course, you should be clear about what you want the money for. Define this in advance. This will make it easier to decide how much to borrow. With Good Life Loan you can borrow from $250 to $1500, regardless of your ranking in the credit evaluation categories. Other amounts we offer are:
Complete the form
Do you have your cell phone, tablet or computer handy? That’s all you need. Take a few minutes to fill out the online form available on our website.
You won’t have to worry about printing paperwork or having to travel back and forth to appointments with banking specialists.
At this point, you should have already decided how many instalments you want to pay off your loan without a credit check. These personal loans are usually designed to be repaid in the short term. However, in some cases they can also be spread over several weeks or months.
Wait for approval
To find out if your information was approved for the loan without a credit check process you only have to wait one hour. You will receive a notification with the answer through the contact means that you have left in the form. This part of the communication is essential, so make sure all your information is spelled correctly.
This is the third and final step. It is also the most important: having the money to be able to use it to cover your needs. In a short time, you will receive it as a direct deposit. In fact, this is another requirement that you must meet in order to be able to receive the loan without a credit check. Have a bank account that is easy to manage and into which you can be paid directly.
Remember that Good Life Loan loans are also an opportunity to improve your credit rating. If you have had problems in this regard, now is the time to get up to speed and demonstrate that you have the ability to make timely payments and meet the approval criteria. Lenders may reconsider your profile as an applicant. Don’t wait any longer!
If you have any questions in this regard, you can contact our team who is always there to help you. We are located at 1404 Avenue La Gare, Mascouche, Québec. J7K 2Z2 and our contact details are email [email protected] and phone number 1 (888) 356-2188.