Fastest Bad Credit Loan Approval in Canada


You really have to feel for this applicant for a bad credit loan. He is looking for a personal loan so that he can go and purchase some furniture to furnish an apartment that he has just moved into. He does not want to use his credit cards because he knows that he will have to carry a balance over month end which in turn triggers the high interest rates that credit card companies charge. Sounds like a reasonable prudent plan to follow.

The problem is that he has really bad credit caused by his ex-wife which he cannot get away from in the short term. All of his savings and retirement money is tied up until the split is final and he has this credit rating problem which apparently she caused. It usually takes two to tangle and we cannot take sides in a dispute like this one. All we can do is view the facts and deal with the situation based on the facts that are presented.

At this time all we know is that both parties have a bad credit situation, there is no short term resolution in site. Even though they are separating and he has a good paying job that appears to be stable, there is all of this debt still hanging out there that they are both responsible for. He may not have caused it, but his name is on the accounts, and therefore he is 50% responsible or perhaps even 100% responsible. Until it is cleared up by the courts or the divorce, this applicant is going to have a very tough time finding lenders to loan money to him with his current bad credit rating.

We do not anticipate that any lender will be willing to lend money to this client until his financial affairs become more clear.

DEFAULT LOAN APPLICATION FOR BORROWER’S INFORMATION

Loan Amount :: $5,000

Loan Application and Processing Speed (when do you need the funds)::within the next five days please

Do you currently have a mortgage? :: no, I rent an apartment

Bank Name and Branch :: Royal Bank, Richmond street

What City/Town, State and County do you live in? ::London, Ontario, Canada

Zip ::N6A3C4

What is your employment field? :: Auto Parts Supplier

Employment Position :: Shipping

When are you paid? (monthly/weekly/biweekly):: Biweekly

Your credit rating to be – excellent, fair, or bad? :: I have a bad credit rating which I am trying to fix

How did you find us? :: Searching online for lenders who will loan money to people with bad credit in Canada

How are you paid? (direct deposit/paper check):: Direct deposit

Gross Amount Per Paycheck ::$1600

Do you agree to have this information published online, without your PRIVATE information of course? ::sure, why not, you can find just about everything else online

I have been searching online for lenders that will approve a small $5000 loan for someone with a bad credit rating anywhere in Canada. To date there are  no lenders that will even give me the time of day for my loan application because I have a really bad credit situation.

My situation is as follows. First the positive, I have a decent a decent job which I have been at for the past five years. It pays well and I have never been laid off. I have always tried to pay all of my bills on time and never missed a payment for anything and that includes my rent, my utilities and any loans and credit cards that I have been personally responsible for.

I cannot say the same for my wife. We have just separated and she has a large debt load on several credit cards that she is responsible for. Unfortunately for me I am listed as a co-card member and any problems in terms of payment etc. also affects my credit rating as well. She has not been paying the credit card payments for whatever reason and now both of our credit ratings have tanked. It is making life much more difficult for both of us even though we are now separated.

Note to Lender: This loan of $5000 is intended to help me get restarted with some basic new furniture in an apartment that I have moved to. She is getting all of our furniture as part of the agreement which means I need to go out and purchase my own stuff. All of our savings and retirement plan money is tied up until we finalize our separation and I have no ready cash to use to pay for the things I would like to purchase.

I could use my credit card, however this would mean I would have to carry a balance at the end of the month at credit card interest rates. I would rather obtain a fast low interest loan now and know that I am paying a lower interest rate than what the credit card companies charge.

That is why I am looking for the fastest bad credit loan approval in Canada right now because I need to order my furniture so I can at least be a little bit comfortable in my new apartment. Do you think you can help?

Do You Need A Personal Loan?

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Use the loan application below to start the process. Detail your income and purpose of loan please - lenders do not respond to applicants who don't provide it. Thanks for using BFC!


43 Loan Requests

  1. Jeffery applied for the following loan:

    Loan: 6000

    Speed: Asap

    Credit: Fair

    Location: Barrie

    Income: 3500

    Reason:

    Bills and to give my kids a christmas

  2. Robert applied for the following loan:

    Loan: 6000

    Speed: This week

    Credit: Fair

    Location: Toronto, Ontario Canada

    Income: 4500 Gross to 4800 Gross paid bi-monthly

    Reason:

    A year ago we fell into rental arrears because of a thing called an Above Guideline aren’t increase that pushed our rent to a point we owe over 5000 to balance the rent. Affording the monthly rent is not an issue at all, however it is hard to cover such a balance in one shot. Especially when the Tenant Board has ordered immediate payment of the amount by December 15, 2017 or eviction will begin. I cannot let my family become evicted this close to Christmas. It would be heartbreaking

  3. Gary applied for the following loan:

    Loan: 4000.00

    Speed: Now

    Credit: Fair

    Location: Winnipeg mb

    Income: 2250.00 month

    Reason:

    My insurance and driver license expired so van was sitting for about 6weeks tell I came up with some extra money to get back on road.have a family emergency and took van and guess what got pulled over so now they what full insurance and driver license paid for full year total 2800.00 and then a 800.00 fine on top of that
    Thxs Gary

  4. Chaelyhn applied for the following loan:

    Loan: 5000-8000

    Speed: ASAP

    Credit: Poor

    Location: Kelowna

    Income: 2000

    Reason:

    I grew up with a drug addict father in whom I had taken a 2500.00 loan out for, as well as signed a phone contract for who continued to go in and out of prison my teenage years. As a daddy’s girl, once I was old enough he utilized that to the fullest extent and did not pay back what he promised too. Recently I have gotten out of a very abusive relationship in which he took everything from me, including a job I was working for over 3 years for. I have now started back at the bottom, work 2 jobs 5 days a week each and do what I can to balance my life and work. I am wanting to go to school but also need help on catching up on some bills my abusive ex-boyfriend had left behind when he moved out without notice. This loan would help me get back on my feet the way I have been trying too for quite some time now

  5. Nicole applied for the following loan:

    Loan: 5000

    Speed: Today

    Credit: Bad

    Location: Appin, ontario, Canada

    Income: $1700 at my fill time job

    Reason:

    Debt consolidation

  6. Erin applied for the following loan:

    Loan: 5000

    Speed: pay off credit card, get out of payday loan cycle

    Credit: In repair.

    Location: Saskatoon

    Income: 2200 on average per paycheque semi monthly 473 child tax monthly 617 child support monthly 300 monthly room rental in house income

    Reason:

    2500 for credit card payoff
    1500 to get out of payday loan cycle
    500 to emergency savings

  7. Janet applied for the following loan:

    Loan: 5000.00

    Speed: Debt consolidation

    Credit: 534

    Location: Cambridge

    Income: 3000.00 paycheck 1291.00 babybonus 480.00 cpp

    Reason:

    To consolidate payday loans and to give my kids a Christmas as well as winter tires for my car

  8. Renel applied for the following loan:

    Loan: 7000

    Speed: Asap

    Credit: Fair

    Location: Church point

    Income: 3700 clear

    Reason:

    Furniture and car parts

  9. Sarah applied for the following loan:

    Loan: 4000.00

    Speed: ASAP

    Credit: Fair

    Location: Winnipeg

    Income: paycheck 1190 bi weekly

    Reason:

    bills and christmas

  10. Justin applied for the following loan:

    Loan: 2000

    Speed: Asap

    Credit: 450

    Location: Azilda, ontario canada

    Income: I get paid once every month from work around 3-4 thousand. I also do work on the side which can bring me 100to 1000 amonth

    Reason:

    Just got hit with some unexpected bills. After paying rent and normal bills i have no way of paying for anything else thia month. I have a 5yr old and i cant stand the thought of him not havbing a christmas. Hes to young to understand that food and roof over his head is all he needs. I need to rebuild my credit also.

  11. stephanie applied for the following loan:

    Loan: 6000

    Speed: as soon as possible

    Credit: very poor

    Location: scscarboroug, onatario canada

    Income: I receive a monthly income from disability of around 800 dollars i also work and make roughly 780 every two weeks

    Reason:

    I have applied for two loans recently i was scammed by both i am little hesitant to apply for this loan afraid the same thing will happen I am single and i have some debt and car repairs to pay for i would like to get ahead a little bit and have some extra money in my account to make sure i money for rent and any other incidentals that come up i know i have not payed some of my payday loans but ounce you borrow you have to keep borrowing just to keep ahead i would like very much to get out of that cycle
    please i need your help desprately

  12. stephanie applied for the following loan:

    Loan: 5000

    Speed: debt releif

    Credit: poor

    Location: scscarboroug, onatario canada

    Income: 780 every two from my job 800.00 monthly from disabilty

    Reason:

    I am desparate in need of a loan i have applied for two loans in the past couple of weeks and have been scamed for over 1000 dollars i would like to bring down some of my debt my car in in dire need of repair i am single and i have used alot of payday loans but ounce u borrow from them you have to keep borrowing to stay ahead

  13. Patrick applied for the following loan:

    Loan: 100000

    Speed: A.s.a.p

    Credit: 506

    Location: Keswick/ontario/canada

    Income: 3300

    Reason:

    Pay off debt, one payment a month or bi-weekly.

  14. Brittany applied for the following loan:

    Loan: 2000

    Speed: Decembee 12th, 2017

    Credit: Bad

    Location: Fort St. John NC Canada

    Income: 855 every two week approx. About 1720 a month

    Reason:

    Debt consolidation
    Rent and bills
    Groceries

  15. Brittany applied for the following loan:

    Loan: 2000

    Speed: Decembee 12th, 2017

    Credit: Bad

    Location: Fort St. John, BC, Canada

    Income: After taxes,about 1720. Paid biweekly, between 855 - 875

    Reason:

    I have a couple small debts to pay off, rent and bills are due soon and I had missed a week of work due to Kidney infection so I am in an emergency situation

  16. Lana applied for the following loan:

    Loan: 7500-8000

    Speed: Pay off credit cards ,2accounts and get caught up

    Credit: Poor

    Location: Newbrunswick. Canada

    Income: I work for a salmon club resort 7.5 months of the year,which biweekly I bring home around 2200.oo for 5 months I receive EI biweekly payments of 1000

    Reason:

    This loan would be a sigh of relief for my family,we own our house outright,since l year ago September,in March my husband was involved in a work place accident,which has put us behind a great deal,until his insurance settles it is just
    My income
    I would like to pay off my credit cards,pay off the 2 loans I have and have a little money to make my husband a little more comfortable
    I have a skycap financial on my credit report,that after more then a year paying biweekly for and no one taking phone calls,I went to my bank and the manager subjected to it stop
    Payment on it,that it was a scam,recently I was told it was not,I am inquiring within about it as
    We speak
    I know my record looks bad,but I honestly try to make sure my bills are paid
    You have my word,that this loan would be the break we need to get back on track and stay there
    Thank you for your time

  17. Donna applied for the following loan:

    Loan: 5000

    Speed: ASAP

    Credit: Poor to Fair

    Location: Kingston,Ontario/Canada

    Income: 2000/month

    Reason:

    Get out of payday build a better credit score and just help with a few extra bills

  18. Barbie applied for the following loan:

    Loan: 5000

    Speed: tomorrow

    Credit: poor

    Location: Grande Prairie

    Income: My husband and I own a computer Automation business Crossover Automations, we work in the oil industry and our monthly incomes vary anywhere from 15,000 - 25,000

    Reason:

    my husband and I own our own business and before we married my credit was bad so now I am trying to get my credit up now that I am making money, I leave Sunday on holidays and am hoping to get a loan to pay for the travel and fun while away and in the mean time build my credit.

  19. Shavonne applied for the following loan:

    Loan: 300

    Speed: ASAP

    Credit: Poor

    Location: Dawson creek BC

    Income: Child tax benefit of 1,488 every 20th of the montj My social asstitnce check goes to my rent of 1,100 a montj

    Reason:

    In a rough spot in need of help for my kids to have at least a small Christmas. I’m a single mom of a 17,7,6. Plz help ne

  20. Saira applied for the following loan:

    Loan: 6000

    Speed: Asap

    Credit: Poor

    Location: Calgary Alberta canada

    Income: 3500

    Reason:

    Pay off debit

  21. Saira applied for the following loan:

    Loan: 6000

    Speed: Asap

    Credit: Poor

    Location: Calgary Alberta canada

    Income: 3500

    Reason:

    I am in urgent need of money to pay off debits. I m a single mom

  22. Judith applied for the following loan:

    Loan: 10000

    Speed: Spent savings on care and funeral costs for MIL

    Credit: Poor

    Location: Paris Ontario Canada

    Income: Paid bi-weekly $2200

    Reason:

    Spent over 30,000US for care and funeral costs for mother-in-law in Arkansas. Our savings are now gone. We are in need of home improvements such as a new roof.

  23. Elisabeth applied for the following loan:

    Loan: 2000

    Speed: Asap

    Credit: Poor

    Location: Sturgeon Falls

    Income: 2000 monthly paid by weekly

    Reason:

    Catch up on bills and get out of the cash advance trap also need Xmas gifts for my grandsons

  24. Greg applied for the following loan:

    Loan: 7500.00

    Speed: Immediatly

    Credit: Poor

    Location: Kipling saskatchewan canada

    Income: Full time employed earn 2800 bi weekly

    Reason:

    Pay off debt

  25. Frances applied for the following loan:

    Loan: 1500

    Speed: ASAP

    Credit: Low

    Location: Nanaimo, BC, Canada

    Income: $2800 CCTB

    Reason:

    I am requesting for help of my six children and myself.
    This year of 2017 has been a tough year on our family, especially on my 14 yr old daughter who lost her biological father to a tragic death in December of 2016.
    She has fallen into hard drugs, depression, has had anxiety and night terrors with this loss.
    Not only has this loss been rough on my daughter, it has been rough on me as i had to help pay for my ex partners funeral expenses in January of 2017.
    It had taken a month to make the arrangements due to my ex’s death be suspicious?
    Since the arrangements and services, it put a huge set back in my finances.
    I have not been able to go back to school to get my upgrading, nor have I been able to work because things did not get better with my daughter, who is now struggling to get help with detox and treatment.
    I am not only struggling with her….I am struggling with getting caught up on our bills.
    Just as we get caught up, something else seems to happen in our lives?
    Such as my father ending up in the hospital in the spring time due to his bad kidney failure and we had to make a quick trip to the mainland, as we were not sure how long my father had to live?
    We stayed at my mother’s side for a month and a half and we still didn’t know how or what was going on with my father.
    We could no longer stay at her side and had to make our way back to our home.
    From the middle of summer onto fall we could only keep contact with my mother through phone calls to see how my father was doing?
    All the while of worrying about my father, I have been seeing a pain Doctor in regards to my lower back pain, which also allows me not to work.
    Doctor upon doctor appointments, and I feel like I am not getting anywhere with the pain I suffer with every day?
    So much stress has been placed on our family, I have become depressed and have anxiety attacks myself.
    I had to see my doctor to get meds to help me rest at night with all these worries I have at day and night.
    Basically, at this time, I am requesting the money for bills and medical reasons.
    Please, help us get through our hard times and give us so leaway with all we have been through in this passed year!

  26. Leslie applied for the following loan:

    Loan: 600

    Speed: tomorrow

    Credit: poor

    Location: Montreal

    Income: 2000

    Reason:

    to purchase a new phone. lost my current one

  27. Teresa applied for the following loan:

    Loan: 2500

    Speed: Now

    Credit: Poor

    Location: Winnipeg,Manitoba,Canada

    Income: I work one full time job and make 1474 a month. I also work a part time job and make 400 a month and i get child tax 225 a month

    Reason:

    To pay bills and rent

  28. Gregory applied for the following loan:

    Loan: 15000.00

    Speed: Immediatly

    Credit: Poor

    Location: Kipling saskatchewan canada

    Income: I work full time and earn 2800 biweekly

    Reason:

    Pay off debt to have one payment and to start the healing to build my credit

  29. Shawn applied for the following loan:

    Loan: 5000

    Speed: Asap

    Credit: 470

    Location: Edmonton

    Income: I get paid every 2 weeks into my account it's 7000 gross

    Reason:

    Too pat bills get food oil changes on my car fix headlight bay my internet and phone bill

  30. Shawn applied for the following loan:

    Loan: 6000

    Speed: Asap

    Credit: 470

    Location: Edmonton Alberta canada

    Income: 6500 every 2 weeks into my bank account

    Reason:

    Too pay bills and fix my car oil change and pay for internet bill

  31. Shawn applied for the following loan:

    Loan: 5000

    Speed: Asap

    Credit: 470

    Location: Edmonton Alberta canada

    Income: 6500 gross paid every 2 weeks into my account

    Reason:

    Too pay bills like internet phone bill pay rent buy clothes for my baby

  32. Mariano applied for the following loan:

    Loan: 5000

    Speed: As soon as possible

    Credit: Poor

    Location: Innisfil, ontario, canada

    Income: 4000

    Reason:

    House bills car repair groceries pay back debts

  33. Mariano applied for the following loan:

    Loan: 5000

    Speed: Asap

    Credit: Very poor

    Location: Innisfil, ontario, Canada

    Income: 4000

    Reason:

    House bills
    Groceries
    Clothing for my children
    Rent
    Payback a few debts

  34. Gerard applied for the following loan:

    Loan: 2500

    Speed: Asap

    Credit: Poor

    Location: Fermeuse/newfoundland/canads

    Income: Long term disability 3000.00per month

    Reason:

    House repairs

  35. Sean applied for the following loan:

    Loan: 5000

    Speed: Asap

    Credit: Poor

    Location: Windsor

    Income: 1940.00 odsp

    Reason:

    Pay off bills

  36. Sean applied for the following loan:

    Loan: 5000

    Speed: Asap

    Credit: Poor

    Location: Windsor Ontario

    Income: 1940.00 ontario disability and it's deposited in my account every month

    Reason:

    Pay off bills payday loans as we have lots of them and need too pay them off also need to pay off phone bills I’m a dad of 2 children money is really tight I can pay so much a month off the loan like $200 or $300 a month

  37. sassyraggs applied for the following loan:

    Loan: 4000

    Speed: asap

    Credit: poor

    Location: windsor ontario canada

    Income: oap 1112.89 ccp 439.38 \trillium 89.79

    Reason:

    My husband has been on a ship for three years I need the money to get him home. PLEASE.

  38. scooter applied for the following loan:

    Loan: 4000

    Speed: asap

    Credit: POOR

    Location: WINDSOR, ONTARIO CANADA

    Income: OAP 1112.89 CCP 439.38 TRILLIUM 89.79

    Reason:

    PLEASE MY HUBAND HAS BEEN AWAY FOR THREE YEAR ABOARD SHIP. IT WILL TAKE $4000 TO GET HIM HOME PLEASE HELP US.

  39. scooter applied for the following loan:

    Loan: $5,000

    Speed: ASAP

    Credit: POOR

    Location: WINDSOR ONTARIO CANADA

    Income: OAP 1112.89 CPP 439.38 TRILLIUM 89.79

    Reason:

    THE PURPOSE OF THE LOAN IS TO BRING MY HUSBAND HOME AFTER THREE YEARS OF SERVINF ABOARD SHIP. IT WILL COST IS $4000. I GET PAID BY DIRECT DEPOSIT TO THE TD CANADA TRUST 004 38962 ACCT# 6336372 MONTHLY. ON THE THIRD LAST DAY OF THE MONTH. ONCE MY HUSBAND IS HOME WE WILL HAVE EVEN MORE INCOME.

  40. stanislav applied for the following loan:

    Loan: 2000

    Speed: today

    Credit: poor

    Location: Scarborough ontario

    Income: $2035 monthly odsp

    Reason:

    Too pay bills like internet phone bill pay rent buy clothes for my baby

  41. Tim applied for the following loan:

    Loan: 2500

    Speed: Asap

    Credit: Poor but trying to fix

    Location: Bloomfield nl

    Income: I get 640 by weekly on ei seeing as I’m a seasonal worker.

    Reason:

    I would like this loan to pay off a couple small loans I have out and a few bills

  42. scooter applied for the following loan:

    Loan: 5000

    Speed: ASAP

    Credit: POOR

    Location: WINDSOR ONTARIO CANADA

    Income: OAP 1112.89 CCP 439.38 TRILLIUM 89.79

    Reason:

    MY HUSBAND HAS BEEN AWAY AT SEA FOR THREE YEARS I W.ANT TO BRING HIM HOME IT WOULD COST 5000 DOLLARS TO BRING HIM HOME WOULD YOU PLEASE HELP ME

  43. Anonymous applied for the following loan:

    Loan: 5000

    Speed: Now

    Credit: Fair

    Location: Chilliwack

    Income: 2200 after tax

    Reason:

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