About lender
Easyfinancial is a credit company located in Canada that provides various types of loans. For example, customers have an opportunity to buy a car, restore a house, or cover healthcare expenses using borrowed money. Loans are also frequently used for bill payments and educational costs.
The organization's goal is to meet the unique needs of its clients. The majority of customers can get personal loans even if all the banks refuse. It gives a chance to improve credit records and build a safe and better financial future. According to the information posted on the official website, 60% of clients have improved their credit scores thanks to easyfinancial. Additionally, one of the goals is to provide free financial education to customers. On the official website, there are a lot of articles and calculators, which can be very useful for people who care about their financial future.
Easyfinancial has already been working for over 16 years. Every day Canadians use its services to increase their welfare. There are over 380 offices all over the country. The total amount of issued loans exceeds $7.2 billion. easyfinancial has given business and personal loans to about 600,000 clients. As a result, plenty of customers has the opportunity to improve their financial future. Making on-time payments helps improve their credit scores. There is also a great chance to build a good credit history for new Canadian residents.
Features
Easyfiancial offers different types of lending. First, the consumer has an opportunity to take an unsecured personal loan, which can be used to pay bills or cover unexpected expenses (for instance, a car repair or a wedding). There is an opportunity to take secured loans with better conditions. This type is called Home Equity Loan. Such credits are secured with an existing mortgage. Auto loans are an option if you want to buy a car but do not have enough money. Finally, there is an opportunity for enterprise owners to borrow money and improve their businesses.
One more option is retail financing. Point-of-Sale Financing is a program that allows consumers to purchase various items and services now and pay later. The company works with more than 4,000 merchants.
Loan Protection Plan allows clients of easyfinancial stop worrying about unexpected situations which may lead to default risk.
Easy financial varies from banks. First, it approves applications from a much more comprehensive range of customers. The second difference is complete transparency. The organization's policy allows users to monitor their full financial profile.
On the official website, there are a lot of reviews from satisfied customers. Also, there are many positive reviews on third-party services. The organization has won several prestigious awards. For example, the "Platinum Trusted Service Award".
Easyfiancial supports a lot of volunteering projects, such as "Boys & Girls Clubs of Canada". The main goal is to create a safe space for kids and develop their skills. The other program is "Habitat for Humanity". Volunteers from this project help to rebuild houses in different countries.
Among other features of easyfinancial, which make it easy and profitable to use, are:
Flexible repayment terms;
Instant payments;
User-friendly official website.
Advantages
Loyal attitude to credit history of an applicant. Customers have an opportunity to get an unsecured personal loan even if all the banks say "No". A person with a poor credit record can take a loan and improve their credit score.
Applying does not affect the client's credit score.
The company's financial services arm provides the opportunity to pay bills, cover healthcare, education, and plenty of other costs using the borrowed funds.
Lending for small businesses helps improve the financial situation.
No waiting in lines.
Secured personal loans with better terms.
Several types of repayments: weekly, bi-weekly, semi-monthly, and monthly.
Low interest rates, which almost everyone can afford.
No up-front fees to apply for personal loans.
Convenient automatic payments according to the pre-authorized payment plan.
Opportunity to make an early repayment without any additional fees.
All the operations and personal data are highly secured. It makes the services completely safe.
Convenient customer support service with highly-qualified specialists.
An opportunity to manage all the processes online using the website;
Plenty of offices in Canada.
Campaigns and special offers
Easy financial can provide special terms for people impacted by Covid-19 pandemy. If you have lost a job or faced any other problem connected with Covid-19, there is an opportunity to extend the loan term or receive another form of support. You should contact the specialists and look for a possible solution. Every case is unique; that's why all the situations are considered individually.
Additionally, customers have an opportunity to gain a 2% interest rate reduction by applying with a co-applicant.
Methods of a loan granting
Via Interac e-Transfer;
Electronic Funds Transfer.
After the application approval, money is transferred to the customer's bank account within 24 hours.
