Bad Credit Loans


If you have bad credit, borrowing money can be challenging. Northstar Brokers can help you with your financial situation with a bad credit loan in Ontario. If you need a loan with a low credit score, there are a few steps you can take to increase your chances of getting a loan

At Northstar Brokers, we don’t believe in judging people for past mistakes. That’s why we offer services such as bad credit loans. Our goal is to help our customers when they’re struggling with their financial situation. 

What is a Bad Credit Loan in Toronto?

Bad credit loans are designed as short-term solutions to fiscal emergencies. Typically, our customers use them to cover unexpected expenses, avoid bounce charges, or pay bills. 


Quick cash with Northstar Brokers

At Northstar Brokers, we offer loans with no credit checks. Instead, we base our decision on your income. Therefore, you can get approved for these loans regardless of your credit situation. 


Bad credit loans were created to solve a problem: being denied financial assistance because of past mistakes that damaged your credit score. You can qualify and get bad credit loans quickly, making them easy financial loans. 

Things to Know About Bad Credit Loans in Toronto

There are a few details you should know about our bad credit loans in Toronto before deciding if they’re the right choice for you:

No Credit Check

Applying for a loan means the lender will assess your ability to pay them back. Usually, they do this by checking if you have a good credit score. However, our loans don’t require a credit check.

We understand that your credit doesn’t always reflect your current financial situation. We can approve you if you provide the necessary documentation, regardless of your history.

What is Needed?

To approve a loan agreement, we’ll need some personal documents. We want to make sure you’re able to make your payments. To do this, we look for candidates who have: 

  • A checking account for three months or more
  • An address they’ve been at for six months or more
  • A full-time job for at least six months that pays by check or direct deposit 
  • No bankruptcy or garnished wages
bad credit loans in Toronto

Documents to get a bad credit loan in Toronto

We rely on the documents you provide us to determine this information. We will need:

  • Two photo IDs
  • Two recent pay stubs
  • Proof of SIN
  • Proof of address
  • Bank statement from last 90 days
  • Pre-authorized debit form or void check

How Much Money Can You Get?

We offer a wide range of loan sizes. For bad credit loans in Toronto, you can get between $300 and $3,000. 

Repayment Terms 

We have some repayment terms that you need to follow if you’re approved for a loan:

  • Installments: You must make all of your payments on time. If you don’t, we may increase your interest rate. 
  • Refused Payments: If your bank denies payment because you don’t have enough funds, you will incur a $40 fee. We will postpone that installment until the end of the contract. 

How to defer a payment? 

We are willing to work with you if you’re struggling to make payments. We will negotiate an agreement that works for you. If you need to defer a payment, you should call us at least 48 hours before the installment is due, and we will work with you. 

At Northstar Brokers, we never report customer files to credit agencies, so your credit score won’t be affected by your payments. 

Why Choose Northstar Brokers?

Northstar Brokers is the best option for bad credit loans in Toronto. You should go with our services for the following reasons:

  • Experience: We have worked in this industry for 12 years. You can trust our experts to help you when you’re in need. 
  • Speed: We have a simple application process that takes only three steps. Once you submit it, one of our employees will contact you within 90 minutes. If you’re approved, you receive your money within 24 hours of returning the loan agreement. 
  • No Judgement: We don’t judge our customers on past mistakes. If you have a poor credit situation, it doesn’t matter at Northstar Brokers. We never perform score checks for our loans! 

Apply now for a bad credit loan in Toronto

If you have poor credit and a fiscal emergency, we recommend learning more about our loan services. You can apply for a bad credit loan in Toronto through our website. If you have any questions, contact us directly or visit our website for more information. 


Bad credit doesn’t just affect the ability to borrow. It can also be a major handicap if you are looking for work or accommodation to rent. In most cases, employers and building owners check the applicants’ solvency before making a decision


The standard credit score, also known as “FICO score” (formula created by the Fair Isaacs Corporation), is a risk measurement tool used by lenders to assess a borrower’s solvency. It shows your past credit history and is established according to whether or not the repayment deadlines are respected. People with bad credit get a low credit score


A personal bad credit loan can get you out of trouble

If you need cash quickly when your credit rating isn’t high enough, banks and some lenders will consider you a sub-prime borrower and reject your application. Personal bad credit loans are specially established to allow you to qualify for a loan despite this obstacle.

Frequently Asked Questions


A short-term loan is a service that allows customers to quickly get money to deal with a short-term financial problem


Short-term loans are mostly used to cover unforeseen expenses, to pay bills and to avoid additional charges due to bounced payments.


After sending your request online, one of our brokers will call or email you to review your request. If you have submitted your request outside of our working hours, we will contact you at the start of the next working day.

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