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Why Use Loans Geeks
Get better rates, faster

Find the best loan for you,
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A Smarter Loan in 3 Quick Steps
Select the Loan you Need
Depending on the type of loan that you need, we will match you with the most fitting loan lenders. You will get to choose from up to five of the most competitive loan options available.
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Fill out the loan request form. It will take you only 2 minutes and all of your personal and business information is secure.
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Once you select the loan option you’d like to go with, the lender will contact you to give you the money.
10 Ways to a Better Credit Score

If you’re curious about your credit score and how other financially savvy individuals are improving their financial position by following some straight-forward steps, we’ve written a free eBook.

Download “10 ways to a Better Credit Score” and learn how you could improve your credit score by managing your debts better.

Also, learn more about how Loans Geeks can help you.

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Bad Credit Loans in Canada

If you need a loan, bad credit can get be a serious obstacle. You will see that it sets you in a different position with different lenders, as most will avoid approving loans for people with bad credit. Many of them will not even consider your application, while others will simply offer you not enough low interest loans for bad credit. At Loans Geeks, we will connect you with reputable lenders across Canada, who will allow you to get a loan with bad credit and offer competitive rates while they’re at that. There are loan companies that even offer guaranteed loans for bad credit.

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Regardless of how bad credit you may have, at Loans Geeks we will match you against appropriate lender. After you fill in our online submission form and submit your request, you will get a list of results with up to five of the most competitive loan options available in Canada that match your specific financial situation. These personal loans for bad credit can be within your account really quickly, within the shortest time possible after you fill in our application form. All you need to do is choose one option and apply for a loan with bad credit.

How to go about obtaining bad credit loans?

Most people will go directly to their banks and apply there. However, banks will rarely allow someone to borrow money with bad credit. They will simply show them the door out. Banks are traditional financial institutions and they will rarely give you a solution that is in your best interest.

When people have financial troubles, they need help to overcome the hurdle. Still, awareness that there are solutions and ready personal loans for people with bad credit is not marketed enough. As opposed to banks, online loans for bad credit are easily accessible and even if you have less than average credit score, with Loans Geeks you will have an opportunity to be granted the cash you need.

Loans Geeks offers you an easy access to many types of financing, unsecured bad credit loans included. All you need to do is fill in your information through an online application, from the comfort of your own home, and it shouldn’t take you more than several minutes to complete. After you submit your request,

Loans Geeks we will match you with the best loan providers in your area who can offer you convenient loan options, regardless of your credit score. You will get to choose among up to five best-deal offers available. Approval process usually takes from a few hours to 3 business days, depending on the loan companies for bad credit that you’re applying for.

What are Indicators of Bad Credit?

When accessing your loan application, most lenders will look into your credit history for the following indicators:

  • Not long enough credit history or no history at all
  • Less than average credit score
  • Not having any collateral for the case you default on your payment
  • Many late payments, indicating the struggle with paying off your debts

If any of these indicators apply to your financial situation, you have probably experienced difficulty in getting approved for loans. More traditional institutions like banks will don’t approve your application as they will see financing you as a high risk to them. However, you still have a lot of options to get approved for small personal loans for bad credit, with the help of Loans geeks.

With a loan you will not be able to solve all financial problems that you might have, but it is a first step in addressing them. Having a debt and a bad credit are symptoms of financial habits that need to change. Still, a good loan can help in a tough situation, as a tool that will give you some leverage and enable you to overcome some difficult financial situation.

If you have a poor credit history, bad credit score or a lot of missed payments, it will affect the interest rates that the lenders will be able to give you. Also, you might only be able to get approved for the lesser loan amount, unless you can provide a collateral to secure the loan with.

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You can start by applying online at Loans Geeks. We will match you with the best loan providers in your area who can offer you convenient and fast loans for bad credit. As opposed to banks, online loans for bad credit are easily accessible and even if you have less than average credit score, with Loans Geeks you will have an opportunity to be granted the cash you need.

You will be offered higher interest rates than people with good credit, as approving your loan is a certain financial risk. People with bad credit often get interest rates over 20% for their loans. Make sure that you are financially able to pay those interest rates from month to month, before you opt to take a loan.

People with higher credit scores will always get better interest rates than those with bad ones, even via Loans Geeks. What you can do is to postpone taking a loan and use that time to rebuild your credit score as much as you can.  If you do that, after a year, you will most likely have an access to much more convenient loan options and interest rates.

The only exception is if you can provide a collateral to secure the loan with. In that case you might be able to get more favorable rates and loans options.

Yes, at Loans Geeks we will be able to match you up against private lenders and financial institutions that offer competitive rates to people without credit history and with bad credit scores.

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