02. Loan Away: Personal Loan Canada
Online-only lender Loan Away provides instalment loans up to $5,000. Currently, it is offered in Ontario, Alberta, New Brunswick, British Columbia, Newfoundland and Labrador, and Nova Scotia, which make up Canada’s six provinces.
Loan and Service Types
This Canadian lender provides debt consolidation loans, home equity loans, and unsecured personal loans. They may be used to pay for a variety of expenditures, such as private student loans or unanticipated fees. Loan Away loans have an APR ranging from 19.9% to 45.9% and range from $1,000 to $5,000. The loan periods range from six to three years. Their loans’ costs and penalties are kept a secret.
If you’re considering using Loan Away to apply for a loan, you should be aware of both its advantages and disadvantages. The company’s 80% approval rating is its finest quality. Additionally, Loan Away accepts consumers with weak credit and offers a smooth and straightforward online application procedure. The high interest rates on Loan Away loans are their major disadvantage, particularly if you have terrible credit.~ Advertisement ~