Do you need a 2nd chance loan in Alberta or BC? Do you have bad credit? We’re here to help. Borrow up to $50,000 from us with our 2nd chance loans.
What is a 2nd chance loan?
A 2nd chance loan is designed for people who may have mismanaged credit in the past and therefore have a low credit score. As a result, they need a 2nd chance to borrow again.
Is it possible to get a 2nd chance loan in Canada?
Yes, at No Credit Check Loans we believe in second chances – even if you’ve filed bankruptcy or a Consumer Proposal in the past. We lend to British Columbians and Albertans who earn at least $4,000 monthly. There is no credit check at all, so don’t worry about having poor credit.
How do these kinds of loans work?
The 2nd chance loans that we offer are personal loans. They have 1 year terms, meaning that you have 12 months to repay it. However, during that time you only need to make interest payments on a monthly basis. If you prefer, you can make larger payments at any time. Unlike many other lenders, we don’t charge early repayment penalties if you decide to pay us back ahead of schedule.
Our interest rates range based on the applications we receive. However, you can expect to borrow at a rate of between 15% and 31%.
Are there restrictions on how the funds can be used?
No, you can borrow from us for any reason. You might opt to consolidate higher interest debts, cover outstanding bills or pay for an emergency. The choice is yours.
How to apply
Applying for a 2nd chance loan is simple. All you need to do is fill out our online application form, which takes just a few short minutes. We’ll be notified as soon as it’s completed. Sit tight and expect a phone call from us.
If you’re not ready to apply for a loan yet, you are welcome to speak with an agent to ask more questions. You can contact us here or call 1-888-924-3792.