Bad Credit Loans Manitoba
Your financial history can affect your future prospects. If you’re a first-time borrower, you might find it difficult to get accepted for a loan. Those who have made late payments in the past will also find it a challenge, but bad credit loans from Northstar Brokers are different.
They’re specially designed to fit people in various circumstances. That means if you have a low credit score or a poor financial history, you can still get the cash you need. Read on to find out about bad credit, what you can do about it and what kind of loans you can get.
WHY CHOOSE NORTHSTAR BROKERS?
Northstar Brokers uses Interac to send you your loan amount as soon as the contract is signed. As well as speed, you can rely on transparency, which means you’ll know exactly where you stand in terms of repayment and any fees.
We use responsible lending and collection policies. If you experience difficulties with repayment, speak to our staff, and where possible, we will negotiate an agreement. We offer a simple, fast and effective way to get a bad credit loan in Manitoba. Find out if you can get cash quickly without a credit check by contacting us today.
Understanding Bad Credit
Your credit, or your financial history, is determined by several factors. It can include late payments on loans or credit cards, for example. Owing large amounts of money can also impact it, as can having a short loan history or recently seeking a loan. This information is kept in records and expressed through your credit score.
Credit bureaus such as TransUnion and Equifax can provide a report with your score to help you understand your situation. Scores range from 350 to 900. The higher the score, the better your position financially, which means you’re more likely to get a bad credit loan in Manitoba.
Changing Your Score
If you have a score of 670, 540, or lower, institutions will consider you to have bad credit. However, there are ways to change it and improve your credit score. Getting your credit report is a great start, as you can correct any mistakes and then take steps to prove that you’re a reliable borrower.
Although it might seem counterintuitive, bad credit loans in Manitoba can help your financial record. By accessing a short-term loan and proving that you can pay it back on time, you can increase your score. First, you’ll need to work out what to borrow, how much you can afford, and whether you’ll be approved.
How Bad Credit Loans Manitoba Can Help
Having a low credit score doesn’t mean you will definitely be refused a loan. Although some lenders might say no, Northstar Brokers takes a different approach. We don’t base our decisions solely on a credit check. In fact, we won’t look at your score and will use other information instead.
Once you get a personal loan with us, you’ll get the money that you need for an emergency or short-term situation. At the same time, borrowing and making repayments can help build your credit. Although your credit history might be bad, it doesn’t need to affect your future.
Types of Loans for Bad Credit
Before seeking bad credit loans in Manitoba, it’s useful to know what’s available and what you should do. Your first steps are to work out how much you need, what repayment you can afford, and on what timescale.
Northstar Brokers has an expert team made up of professional staff who can talk you through your options. Plus, if you have an issue with repayment, we recommend getting in touch with us as soon as possible so that we can reach an agreement.
We offer many services, including credit consolidation, where you turn your debts into a manageable monthly payment. Plus, there’s credit rebuilding, where you prove that you can borrow and repay on time. Other types of loans include:
- Cash advances
- Payday loans
- No credit check loans
- Fast cash loans
- Personal loans
Applying for a Bad Credit Loan in Manitoba
The process of applying for a bad credit loan in Manitoba at Northstar Brokers is fast, straightforward, and secure. You can fill out an application online or speak to one of our advisors. When you complete it during business hours, you can expect a response within 90 minutes, so you won’t be left waiting and worrying.
It’s not only the decision process that is prompt. Once approved, we aim to get the money to you in 24 hours to help you cover your emergency. The cash is sent using Interac and can often be in your account within 45 minutes.
There’s no credit check as part of the application and review process. However, we will need some information about you to get you a decision as soon as possible.
What You Need
To make an application make sure you have the following:
- A bank statement from the last 90 days
- A utility bill for proof of address
- You need to have been living at your property for six months
- Two payslips, you need to have been in your job for six months
- Photographic identification
- Confirm that you aren’t bankrupt
- Confirm that you are paid by check or direct debit
Contact us now to discuss the process or fill out an application for bad credit loans in Manitoba with Northstar Brokers today.