Having a good credit score of 650 or higher opens up a variety of options of getting a personal loan of $10,000 for the applicants. It not only makes the applicant eligible to get the loan approved from online direct lenders prevailing over the internet, but also from traditional lenders, like a credit union or a bank.
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* For monthly payments calculation purposes, the following parameters were used: $3000 loan size and 36 months loan term.
Borrowell
You’d want to choose Borrowell as your lender if you are looking for a quick and easy process of applying for a loan. Borrowell can offer you a loan between $1,000 and $35,000. You will be able to select the term – either 3 or 5 years. The fixed rate offered by Borrowell starts at %,99% APR. In addition, there is no minimum loan term since you can pay off your loan at any time.
Fairstone
Fairstone provides personal loans between $500 to $30,000. You can get a free loan quote in just a matter of minutes without impacting your credit score. This lender is able to provide you with funds on the day of application, as its process is very simple. You just need to get a quote and wait for a response from a representative.
Ferratum
Ferratum’s loan application process is broken down into three basic steps. You can select the desired amount of loan and apply for it online. Once you get approved, you will get your money directly deposited into your bank account in as less as 24 hours.
Mogo
Mogo’s personal loans are going all the way up to $35,000, as the lender provides a wide range of borrowing options. Also, Mogo is able to offer loans to anyone irrespective of their credit score. The lender has flexible terms and a free personal call regarding your loan. Get a no-obligation pre-approval in just 3 minutes.
Magical Credit
Magical Credit is one of the most popular private lenders in Canada, as it claims to provide you with a “credit you deserve.” This lender can even offer you a loan if you have poor credit or a non-traditional source of income.
SkyCap Financial
Get your loan after filling out the basic questionnaire provided by the SkyCap Financial – you can borrow any sum up to $10,000. The provider offers flexible loan terms with anywhere for up to 3 years. Feel free to use the funds for any purpose, as this lender does not ask for a reason why you need the money.
Fast Access Finance
Fast Access Finance is able to provide you with a loan if you are 21 years or older. You also need to be employed for at least 6 months and have a valid checking bank account. With this lender, you can borrow up to $10,000. The rates range from 9.90% plus the applicable application fee. APR* – 15.75% – 58.99% maximum (effective rate will vary).