goeasy Loans
Flexible personal loans up to $150,000 for non-prime Canadians. Enjoy fast approval, reasonable repayment terms, and credit score improvement potential.
goeasy stands out in Canada for providing accessible non-prime consumer loans, catering to everyday Canadians often overlooked by banks. With a presence in nearly 400 locations, goeasy offers unsecured and secured personal loans up to $150,000. The loan terms are flexible, with a focus on quick approval and a pathway to better credit for applicants.
How to Apply: Step by Step
1. Begin by visiting goeasy’s website and selecting the type of loan that suits your needs.
2. Complete the simple online application form, providing personal and financial information.
3. Submit supporting documents as requested, like your ID and proof of income.
4. A representative will review your application and reach out promptly.
5. If approved, you receive your funds quickly, often the same or next business day.
Pros of goeasy Loans
One notable advantage is the ease of the application, making it suitable for those with limited credit history. Fast approvals mean you get funds when you need them most.
goeasy also helps clients rebuild their credit: over 60% of customers see credit improvement after borrowing. Additionally, variety in loan types and wide coverage across Canada make goeasy accessible to most Canadians.
Cons of goeasy Loans
On the downside, the interest rates are generally higher than traditional prime lending, reflecting the non-prime risk segment. This makes borrowing more expensive overall.
Another drawback is that large loans require more documentation and sometimes a secured asset, which can be a hurdle if you’re not prepared for extra paperwork.
Veredicto final
Overall, goeasy is a practical choice for Canadians with non-prime credit who need fast access to funds. If you value flexibility and a chance to improve your credit, it’s a strong contender. If interest rates are your main concern, reviewing other options is advisable.
