Disclaimer:
Note that this is a simulation includes payment of capital and interest. Fees might be added depending on multiple factors. Please read your contract carefully and make sure to understand all terms.
It takes just a few seconds to complete our online form.
Skip the paperwork. We verify your details instantly using IBV technology.
Congrats, you’re approved! We offer rapid direct deposits to meet your immediate cash needs.
When an organization or financial institution conducts a credit check, they are accessing the information in your credit report. This check verifies your credit history, your ability to repay based on your current income, and other credit factors.
After the check, banks or other companies will use the credit report to make a decision. A poor credit score can lead to loan refusals.
With Loanspot, you don’t need to worry about your credit history. We offer fast, short-term financing solutions, ensuring safety and confidentiality, regardless of their financial situation.
Whether it’s for unexpected expenses, bill payments, or late fees, you can quickly and easily get your emergency funds—even with bad credit!
We are not considered a payday lender, as our loan terms always exceed 62 days, so we don’t need a payday license in any province.
Our administration fees fully comply with Canadian law and are clearly disclosed in the binding contract between lender and borrower.
Our APR is consistently below 29%, meeting all Canadian provincial regulations, so a special lender’s permit is not required.
• Julie C
• Marc D
• Sarah B
I appreciate the fast reply that Loanspot got to my loan application and that they guide me to the good solution for my needs. They understood my situation and helped me out!
• Nicole Lebel
Thanks to Loanspot. My hours where cut at my job for a few weeks but I managed to filled my obligations with their fast and simple loan. Now that I work more I don’t even see that I do super small payments every weeks.
• Nicolas Warnke
Absolutely! Apply online with Loanspot and get the money you need in minutes. Our service is prompt, reliable, and free from hidden fees.
Don’t worry about your credit history. We focus on your current ability to repay the loan, making it easy for people with bad credit to get approved.
You can apply for one loan at a time. We adhere to responsible lending practices to protect you from further debt.
Loanspot is your go-to for fast cash loans in Canada. Even with poor credit or irregular income, you can still get approved.
We partner with top financial institutions to offer a competitive annual rate of 23.99%.
If you borrow $750, you can repay it in 10 payments of $120. Note: This example assumes full repayment according to the agreed schedule.
A payday loan is a short-term loan based on your next paycheck. It’s a quick solution for temporary financial difficulties. Please not that Loanspot is not a payday lender.