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24/7 Online Installment Loans in Canada

In today’s world, where most Canadians use the Internet to do almost everything from shopping to banking, the fact that 24/7 online installment loans are gaining popularity is not surprising. While they have been around for a while, online installment loans have really gained momentum in the past few years because they are convenient, easy, and can be used for any reason. With a 24/7 online installment loan, you can apply whenever you need one without having to wait for the bank or credit union to open.

In addition, these types of loans are easy to apply for. You simply fill out a short online application and then wait for approval. The application process can be done in a matter of minutes, and approval can come as quickly as a few hours.

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Written by: Big Piggyy

Rating

4.9/5

Loan Term

Est. APR

%

Loan Amount

Rating

3.9/5

Loan Term

1 - 3 months

Est. APR

% 22

Loan Amount

$500 - 750

Rating

3.5/5

Loan Term

14 - 62 days

Est. APR

% 109.5

Loan Amount

$100 - $1,500

What are the Benefits of 24/7 Online Installment Loans Compared to Traditional Installment Loans?

 

There are a number of advantages to using 24/7 online installment loans instead of traditional installment loans. Here are just a few:

  • Convenience
    The convenience factor is the main reason why so many Canadians are using 24/7 online installment loans. A 24/7 online installment loan can be applied for at any time, any day, and from anywhere. So you can get your money instantly and without having to leave the comfort of your home.
  • Fast Access to Cash
    Traditional installment loans can take up to a few days to be approved. A 24/7 online installment loan is a much better option if you need cash right away. You can get approved instantly and get your money as quickly as a few hours.
  • No Credit Check
    There are many lenders that offer 24/7 online installment loans don’t even bother checking your credit history. This means that you can apply for a 24/7 online installment loan with bad credit or no credit at all. 

 

Companies That Offer 24/7 Online Installment Loans in Canada

 

There are several companies that offer 24/7 online installment loans in Canada. The list below will give you a quick look at some of the most popular ones.

 

  • Go Loans Canada
    Go Loans Canada is a famous online lending company that offers 24/7 online installment loans of up to $1,000. Their repayment term ranges from 91 to 120 days, and they charge an APR of 32% with a $1.00 transaction fee. Borrowers can choose between 3, 6, or 12 payment installments.
  • ICash
    ICash offers 24/7 online installment loans of up to $1,500. They charge $15 to $19 per $100 borrowed, depending on your location in Canada. You can repay the loan in 2 or 3 installments within 62 days.
  • Captain Cash
    Captain Cash is another famous lending company that offers $500 to $700 24/7 online installment loans in Canada. They have an APR of 22% and charge $0.5 per transaction. Their repayment term is up to 3 months. 

Loan Term

Est. APR

%

Loan Amount

Review

Loan Term

1 - 3 months

Est. APR

% 22

Loan Amount

$500 - 750
Review

Loan Term

14 - 62 days

Est. APR

% 109.5

Loan Amount

$100 - $1,500
Review

Frequently asked questions

Can you apply for a 24/7 online installment loan if you have bad credit?

24/7 online installment loans are perfect for those with bad credit history. You don’t have to worry about a credit check, and you can still get approved.

How can I qualify for a 24/7 online installment loan?

Requirements vary from lender to lender, but the most common ones are:

  • Be at least 18 years old
  • Be a Canadian resident
  • Have a bank account
  • Have a regular source of income
What is the maximum loan amount for a 24/7 online installment loan?

Online lenders look at your monthly income to determine the maximum loan amount you can receive. 

Why should you choose installment loans over payday loans?

Installment loans are more flexible than payday loans. Plus, the interest rates on installment loans are usually lower than payday loans.

Conclusion

If you need instant access to cash, you should consider applying for a 24/7 online installment loan. By applying for a 24/7 online installment loan, you can get the money you need in as little as a few hours. Plus, you don’t have to worry about having bad credit or having to meet the high standards set by traditional lenders like banks and credit unions. 

Big Piggyy

"Show me the MONEY!!!" – Jerry Maguire

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