Bad Credit Equity Personal Loans Toronto & GTA

We provide bad credit equity personal loans

• Fast same day equity loans which are open and can be repaid at any time.
• Interest rates at 5.75% to 9.9% plus affordable fees. For example, the total annual cost of interest and fees on a $1023 loan begin at $239.89.
• All loan payments reported to the credit bureau.  When you make payments on time, your loan gets the highest ranking, an essential step in rehabilitating your credit history.
• In an emergency?  We hold your payments free of charge up to 2 weeks if you call 2-3 business days before the payment. This prevents costly NSF charges.
• We provide videos and blogs with information from reputable sources about how to be a smarter manager of your finances.  And easy, helpful budget forms.
• We are a family-run firm since 1984 with a friendly multicultural staff  from 18 different countries.  You will have your own loan officer to help you with questions or issues.

Bad Credit Equity Personal Loans – up to $100,000 o.a.c.* 

Please note that all loans are subject to pre-approval and depend on job, income, debt and assets.

Basic criteria are the following:

Income Requirement:

• A paid off vehicle 6 years or newer or an older luxury vehicle like a BMW or Mercedes.
• Or at least 50% equity in your home.

*Additional conditions may apply

Credit History:

• R9’s, past collections are OK if resolved through counselling, bankruptcy or  proposal.
• If you have no credit or current or past debts — you would need to consult with one of Prudent’s loan specialists for a loan approval as it will depend on your individual situation.