To fulfill temporary and vital requirements, people have to get loans if their next pay check is far away. Usually, such loans are required to be repaid within a month on your next salary day. If you think you cannot pay the debt altogether with your salary of one month, you can avail instalment loans. With them, your repayment will be divided in small portions set to be paid step by step every month. These loans are available at Payday Tree for salaried individuals of Canada.
Instalment loans can be obtained in absolutely unsecured way. Since there is no compulsion to place security against the borrowed sum, tenants can also apply without thinking twice. Also, bad credit holders can easily make use of these loans. Poor credit records like defaults, arrears, bankruptcy, foreclosure, late payments etc, are accepted without any problem by lenders.
The amount offered can range from C$100 to C$1500 as per your income and repayment ability. These loans have flexible loan tenure and you can ask for easy repayment options as per your needs. The number of total payments will depend on you and the lender you are borrowing from. A number of requirements can be fulfilled with the borrowed funds. You can repair your broken car, renovate your house, go for a holiday with your family, pay your insurance premiums or credit card dues and spend the money for any legal purpose.
To utilize instalment loans, you just need to meet some basic requirements. You need to be an adult citizen of Canada. You should be regularly employed for last six months with minimum monthly salary of C$1000. You should also have an active bank account on your name.
These loans are accessible without any hassle at Payday Tree. Just fill an online application form and borrow funds at reasonable rates within few hours. Apply for instalment loans and deal with short term cash crunches in a most convenient way!
Installment loans are small amount of money that you can borrow and repay back over a contracted period of time in regular, usually monthly and equal payments. Some of the benefits of this loan are-
Installment loans often have fixed interest rates and thus applicants do not have to worry about increasing interest rate. Thus, you will know what to expect each pay period.
Since you will get to borrow this loan for a comparatively longer period of time, you will have to pay lower monthly payment and thus easy to make.
You will not have to wait for more than a few minutes to get a decision and get the borrowed money deposited into your bank account within a day.
Requirements for an installment loan are relatively loose. Besides, loan lender does not demand a lot of documentation. Thus, the processing time is quick and it is easy to qualify for this loan. Having a good credit score is not all important to qualify for this loan. So, if you are struggling with money issues, there are still lenders who might approve you loan request. What matters most of the lenders is your ability to repay. So, when you apply, make sure you meet all the requirements listed by the lender. Different lenders may have different criteria for who they give loans to. Thus, it is important that you compare the loan providers and only apply for as much cash as you are in need of. This will save you from getting into any sort of financial issues.
To be considered as eligible to apply for installment loans you will need to meet a few requirements. They are-
The best thing about installment loans is that you do not have to repay back the loan in one lump sum. As per your ability you can easily repay back the loan in easy and equal installments. There are multiple online lenders offering this loan. To make sure you find the right option you can compare them and find what is right for you. Another advantage of this loan is that you will get enough time to repay the loan. Once you apply for this loan you do not have to worry about repaying the loan by your next payday as you do with other short term loans. Whether you have bad credit or no credit, you can still qualify for this loan. As long as you can demonstrate an ability to repay the loan you can qualify for it. Another best thing about this loan is that you can get the money quickly soon after your application is approved.apply now
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.