Frequently Asked Questions – After Loans Canada
THESE ARE GENERAL FREQUENTLY ASKED QUESTIONS TO HELP YOU GET STARTED.
Initially, you can qualify for up to $5000. However, once we establish a relationship with you, higher amounts could become available to you.
All you need are 2 pieces of ID and proof of income. These are the only mandatory requirements.
After applying, our lenders access and approve the loans as soon as possible.
Yes. We do believe in second chances. We will carefully review your situation, and likely will still be able to approve you.
Payments will be automatically collected from your bank account.
Yes, our loans are fully open – there are no penalties for paying them off early.
At AfterLoans we use encryption to protect most sensitive points of your personal data.
AfterLoans work with alternative lenders with much more flexible approval criteria than the banks. Our lenders approve a vast majority of the loans applied.
GET UP TO $5000
AS SOON AS TOMORROW.
Disclaimer: All loans offered through this website are subject to credit and underwriting approval. AfterLoans.ca is a lead referral company, not a lender. AfterLoans only works with financial service providers that adhere to Canadian laws and regulations. You can borrow up to $20000. Loans amortization is between 6-36 months. APRs range from 19.99% to 55%. The actual APR charged will depend on the lender’s assessment of your credit profile. For example, on a $1000 loan borrowed for 12 months at 29.9%, the monthly payment will be $97.24; with a total repayment, including interest, of $1166.88 There is also lender’s optional loan protection policy. In the event of a missed payment an insufficient funds fee of around 45$ may be charged (dependent on the lender). If you default on your loan payment plan the lender may terminate the plan and the remaining balance will become payable immediately. Our lenders employ fair debt collection practices, but will pursue the payment of Outstanding debts to the full extent that Canadian law allows.