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.
Frequently asked questions
Can you apply for a 24/7 online installment loan if you have bad credit?
How can I qualify for a 24/7 online installment loan?
What is the maximum loan amount for a 24/7 online installment loan?
Why should you choose installment loans over 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.