All online loan applications are studied to ensure that you are able to repay the loaned amount. Your request will therefore also be analyzed. This analysis includes, but is not limited to, the following:
- We check your bank account to make sure you haven’t made multiple bad payments;
- We verify that your income and expenses meet our criteria.
After analysis, if your file meets all our requirements, your request will be ACCEPTED
You will have to pay a fee of $ 40 at the end of your contract if a payment is refused for insufficient funds or other. However, this will not affect your credit score at Prêtexpress.ca. Note that we will not report your file to the credit bureaus. If you have to delay a payment, notify us by phone 48 hours in advance. A $ 25 fee will be added at the end of your contract. Assiduously repay your loan and we assure you an outstanding service during your next renewal.
The APR on the amount borrowed from the lender is 23%.
Our collection practices are responsible and comply with the legal provisions in force in Canada. In the event of a problem during the repayment of your personal loan, our collection agents will make sure to find an agreement according to your repayment capacity. Interest is added to the outstanding balance when you do not make the required payments. As a borrower, you are responsible for your loan and all legal fees involved.
Renewals
Your loan renewal does not happen automatically. You must request it.
Repayment
term The repayment terms of our loans are between 3 and 5 months.
Example of reimbursement
A loan granted of $ 500, including principal, membership fees and interest, will amount to a repayment of approximately $ 750
Prêtexpress.ca is there to help you when all other available solutions have been considered. We offer a higher Easy tribal loans no credit check interest rate than financial institutions. Be careful and responsible when taking out a loan. If you have thought about and analyzed the situation before, a loan from us may be the solution that suits your needs. Avoid taking out several short term loans. This could worsen your financial situation and put you in debt indefinitely.
The loan offer , drawn up by the lender, is a document containing all the terms of the loan, as well as the obligations of the parties. The conditions it stipulates are valid for at least 30 days from the date of receipt of the offer by the borrower (s).
According to the SCRIVENER law of January 1978, the bank must send it by post to the borrower or via another durable medium, in agreement with the latter. Once transmitted, the offer definitively commits the bank, but not yet its customer (s) who have a 10-day cooling-off period .
Has your bank just sent you its offer to buy your future home? You can consent or refuse it. Its period of validity is 30 days minimum. Without news from you, the bank considers that you do not want to commit . However, it is more courteous to notify your establishment.
Same Day Approval Loans 