Applying for a No Credit Check Loan in Canada
Your past financial decisions shouldn’t prevent you from securing a loan today.
At Northstar Brokers, we believe that past decisions shouldn’t impact your current ability to receive a loan.. That’s why we’ve set up loans that are not subject to credit checks.
WHY CHOOSE US?
Your privacy is important to us. We therefore guarantee the confidentiality of all your sensitive data.
Do you have bad credit? You won’t have any problem getting a loan with us! We’re open to the idea of granting loans to people with a bad credit rating.
WHAT IS A CREDIT CHECK
When you apply for a personal loan, the lender assesses your ability to repay, which often involves checking your credit rating. The credit rating will play an essential role in the decision to grant you the loan. At Northstar Brokers, on the other hand, we offer no credit check loans! Your credit history won’t prevent you from getting a loan with us.
CREDIT CHECKS CAN AFFECT YOUR CREDIT RATING
When you apply for a traditional fast money loan, especially with a financial institution, a credit check will probably be conducted. These credit checks will then be recorded by financial institutions such as banks and lenders.
They will therefore appear on your credit report and remain there for up to two years. If the credit check reveals negative information, it can lower your credit rating for up to two years.
WHY TAKE OUT NO CREDIT CHECK LOANS?
Since this type of loan is based on your income level and not your credit history, it can be approved directly if you provide the proper documents when you apply. You will also have to prove that you have the ability to repay the loan and the fees.
The advantage of this type of loan, is speed. At Northstar, we can send the funds directly to your account on the same day if your application is completed before 11 am EST. If your application is completed and submitted after 11 am EST, you can receive your funds within 24 hours maximum.
Frequently Asked Questions
WHAT IS A SHORT-TERM LOAN?
A short-term loan is a type of loan that lets you meet a financial need in the short term
WHAT FINANCIAL NEEDS CAN I USE MY SHORT-TERM LOAN FOR?
You are free to use your short-term loan for a variety of different expenses. However, keep in mind that this type of loan must be used for a short-term financial need, so it is not a financial solution for a long-term project. As for the types of expenses, these may include an unexpected expense, paying a bill, avoiding the fees from an NSF payment, etc.
WHEN WILL YOU CONTACT ME?
As soon as you submit your online application, one of our experts will contact you by phone or email within the hour. They will then process your application and facilitate your entire application process. We are open Monday to Friday from 10 am to 6 pm (EST). Outside of these hours, applications will be processed in the first hour of the following business day
If you need more information, don’t hesitate to call us at 1-514-344-1499 or send us an email at info@northstarbrokers.ca. It’s always a pleasure to respond to you.