The Toronto-based Lending Mate company will approve any Canadian loan for loans of between $2,000 and $10,000 as long as they are not bankrupt or as recommended by the consumer. Lending Mate provides guarantor loans, which only requires the borrower to have a qualified friend or relative voucher for return. How to get Lending Mate personal loans? 

Lending Mate personal loans
You can get Lending Mate personal loans up to $10,000

In the previous post, Info Credit Free introduces people to some of the necessary information that is useful for getting the Cash Money personal loans in Canada, to get more information people can read the article Cash Money personal loans for you looking for the flexibility of payments. Now, let find knowledge about the Lending Mate personal loans in the post today.

LENDING MATE PERSONAL LOANS

Just like a lot of article posts such as SkyCap Financial personal loans, ConsumerCapital personal loans, Magical Credit personal loans, Consolidated personal loans… this post about the Lending Mate personal loans also includes some main parts. They are:

1. Some information of the Lending Mate personal loans

Lending Mate provides Canadians with limited credit opportunities to receive the financing they need with the help of a guarantor. Their quick and simple online application allows consumers to register up to $ 10,000 and their flexible policies mean you will be assured that you will be treated as a family.

Lending Mate guarantee loan is particularly beneficial for consumers:

  • There is a bad credit
  • No credit
  • Self-employed
  • Have experienced financial problems in the past

You can apply for a Lending Mate personal loan from $ 2000 to $ 10,000 for a period of 1-5 years.

  • To apply for a Lending Mate loan, you will need a guarantor. This person should be someone you trust and who believes in you because they will be responsible for repaying you if you can’t.
  • After you fill out the online application form at the Lending Made website, the lender will send you a link for you to send to your sponsor. Your sponsor will have to fill out a small form and confirm their details.
  • If your loan is approved, the money will usually be sent within 24 hours. Your loan will be deposited directly into your sponsor’s bank account. They can then transfer your money to you or pay you in cash.
  • To repay, LendingMate will set up a pre-authorized debit to take money directly out of your bank account every month. If you cannot pay the debt for any reason, your sponsor will be responsible for repayment.
Lending Mate personal loans
You can get Lending Mate personal loans up to $10,000

2. The features of Lending Mate personal loans

Lending Mate personal loans include the following features:

Unlimited early repayment. LendingMate allows you to pay back your loan early at no extra cost. This means you can pay off the loan as soon as possible and save interest. Remember, all LendingMate loans have a minimum loan term of 12 months.

24-hour fund. Your loan will most likely be paid within 24 hours of approval. If you submit an application outside of working hours, this may take longer. The exact time the amount of money available to you will depend on your bank.

Bad credit options. Having a low credit score will not remove you from the Lending Mate loan qualifier. As long as you can prove your repayment capacity and meet LendingMate’s eligibility criteria, you can get the loan.

High loan limit. You can borrow up to $ 10,000 from LendingMate to help cover a variety of expenses including car repairs, debt consolidation, weddings, and unexpected expenses.

Flexible loan term. You can borrow from Lending Mate for a period of 1-5 years depending on your individual needs and financial circumstances.

3. The interest rate, fees and some requirements for Lending Mate personal loans

  • Amount: $2,000 – $10,000
  • Interest rate: 34.9% – 43%
  • Available terms: 1 – 5 years
  • Funding time: Typically within 24 hours
  • Eligibility: You are Canadian resident Age of majority in the province

Requirements / Documents:

Borrower:

  • Canadian resident age 19-75
  • No active bankruptcy or consumer proposal
  • Must have a guarantor

Guarantor:

  • Canadian resident age 19-75
  • Source of income
  • Good credit history
  • No active bankruptcy or consumer proposal

Funding method: Direct deposit

Repayment options: Automatic Debit

This post is about Lending Mate personal loans. We provide this information to offer you some of the necessary information that is useful for getting Lending Mate personal loans. Also if you are looking for information about the personal loans from Fast Access Finance, please refer to the Fast Access Finance personal loans help improve your credit score link we just provided in the previous article.

Hillary (Team Content) – Info Credit Free