Laking Financial's Personal Loan Program
How it Works?
We are able to offer Personal Loans through some of Canada's newest loan providers. You will be required to fill out an online application and you will have a decision on your application normally within 24 hours. Once approved you will be required to follow a few steps to verify your identity, income and banking information. Once completed successfully your loan proceeds will be deposited into your bank account. The entire process usually takes 3-4 business days if you provide the information required in a timely manner.
What is required to Qualify?
We offer personal loans to responsible Canadians. Your credit history and income will need to be determined as strong enough in order to be approved. You will be required to provide pay stubs. If you are self employed or do not receive pay stubs you will be required to provide Notice of Assesments.
How much can I borrow?
Our lenders are able to offer loans from $5000 to $35,000.
Interest rates are offered as low as 5.83% and are determined by the overall strength of the application.
How do I repay my loan?
Your loan can be amortized up to 5 years. Your regular loan payments will be setup as a pre-authorized payment from your bank account.
What can I use the money for?
Once you are qualified you may use the money for a variety of purposes such as: debt consolidation, major purchase (vehicle, appliances etc, investments, home renovation, wedding, travel expenses, unexpected medical bills etc..
How do I Apply?
Click on the following link which will take you to an application with the loan provider. They will communicate with you every step of the way: