Here are some two very common questions that people ask every day. But this is where the magic of LendingArch comes in. We are able to offer you the help you need when researching and applying for personal loans — regardless of your credit score — in a few simple steps.
What do I need to qualify for a personal loan?
Just the time it takes to fill out a simple online application. That’s all, nothing more.
We’ll ask straightforward questions about your personal financial history, and then we’ll show you which lenders best match your needs and creditworthiness. Along with this, we will even show you the lender’s average rates that have been customized to you so that you can make an informed decision about what loan you’d like to take.
LendingArch works with various lenders in Canada that accept online applications. We are making the process speedy and simple. When we give you recommendations on the top personal loans for you, we know that you will not have to wait long to obtain the rate, loan terms and qualifications.
If you have missed payments, had some tough times in life, or have not been able to pay back previous debts, LendingArch is here to help you, too.
Remember, we only have one short form to fill out, and it does not affect your credit score. When you apply to a lender on your own, you run the risk of multiple hits to your credit score, making the process of getting a personal, business or car loan much harder. With the help of LendingArch, you can quickly find the right online personal loan, without fear of ruining your credit.
What Can I Use the Monies for?
Personal loans can be used for many thrilling, important and impactful moments in a person’s life. Whether it be to fund higher education, the arrival of a baby, credit card payoff, home improvement, emergency costs, small business and even debt consolidation, we know that personal loans can be a huge help.
Our lenders are competing for your business so our rates are great. In addition, you won’t get better rates going direct so you are best of using our simple tools to be able to get a snapshot of those loans that give you a high probability of approval. You can also use our loan calculators to get a better understanding of your payments. Remember our goal is to make sure you have all the information to make good financial decisions.
