Can I Get a Loan with Bad Credit?

This is the first in a series of common questions from urLoan™ customers via our online chat system and directly to our call center. The purpose of this series is to highlight common customer questions and get you the answers sooner, so that you can save yourself more time when filling out an application with us and ultimately get an answer on your application back from us quicker.

bad credit

The most common question you have asked since urLoan™ was launched a couple of months ago is whether you can obtain a term loan if you have poor credit. If you have poor credit, read this article prior to applying with urLoan™ as it will be very informative and hopefully save you time applying for a term loan with us.

The short answer to this question is YES.

urLoan™ is a national alternative lender that offers term loans to higher risk borrowers, meaning people who have poor credit. urLoan™ is focused on sub-prime and near prime customers with little to no assets and who cannot borrow from their banks.

Every day, we are changing the lives of working class Canadians by extending them credit when no other bank will! At urLoan™, rather than deny you for having bad credit, we try to understand why you have bad credit and work with you to help you turn your financial position around. We will review your banking history in detail and check for stable and consistent employment income to ensure you can service any loan we offer you. This means that if you obtain a term loan from urLoan™, it will be a flexible loan and always fit your monthly budget. If you have stable employment income and your bank statements can show us that you can service a term loan, then you will likely be approved.

Introduced in Canada, in the summer of 2013, urLoan™, by Creditloans Canada Financing Inc.,  provides flexible personal and debt consolidation loans ranging from $500-$2.500 with repayment terms ranging from 6 to 24 months. Your loan can be approved within 24 hours.   Let us help you pay off your Payday loans today and get you on the path to financial freedom.  Whether you are in a situation where you have little or no credit history, you wish to consolidate your existing debts, or you are trying to simply build or re-build credit, urLoan™ is YOUR LOAN. Call urLoan™ today at 1-855-723-LOAN (5626) or email [email protected] for further information.