Personal Loan

In this comprehensive review, we explore goPeer Personal Loan designed to meet diverse financial needs. Discover how goPeer® stands out with its competitive interest rates, flexible borrowing limits, and rewarding perks.
1000 - 35000 $
Loan Amount
3 - 5 years
Repayment Term
8.99 - 34.99 %
APR

Product Details

General Info
 Loan Amount Loan Amount
1000 - 35000 $
Required documents Required documents
Valid ID
Repayment Term Repayment Term
3 - 5 years
APR APR
8.99 - 34.99 %
Do I fit in?
Age Age
18 years
Credit Score Credit Score
600
Income required Income required
over 35000 $ annual income

How to apply for a goPeer loan?

  1. Visit the goPeer Website. Open your web browser and navigate to the official goPeer website.

  2. Click on "Borrow". Once on the homepage, locate the "Borrow" option in the navigation menu and click on it.

  3. Select "Pre-Qualify". From the dropdown menu or options presented, select the "Pre-Qualify" option to begin the loan application process.

  4. Click "Get Started". Upon selecting "Pre-Qualify," you'll be directed to a page where you can initiate the loan application process. Click on the "Get Started" button to proceed.

  5. Specify Loan Amount and Purpose. You'll be prompted to indicate the amount you'd like to borrow and the purpose of your loan. Enter these details accurately as they will be used to tailor your loan offer.

  6. Provide Personal Information. Next, you'll need to enter your name, phone number, and email address into the respective fields. Ensure the information provided is accurate and up-to-date.

  7. Click "Continue". Once you've entered your personal information, click on the "Continue" button to progress to the next step of the application process.

Conditions

  • Loan Amount. Borrowers can apply for loans ranging from $1,000 to $35,000, providing flexibility to address various financial needs and circumstances.

  • Loan Type. All goPeer loans are unsecured, meaning borrowers are not required to provide collateral for loan approval. This simplifies the borrowing process and reduces the risk for borrowers.

  • Loan Term. Borrowers can choose between loan terms of 36 months or 60 months, allowing them to select a repayment schedule that aligns with their financial goals and budgetary constraints.

  • Interest Rate. goPeer offers competitive interest rates ranging from 8% to 34.99%, depending on factors such as the borrower's creditworthiness, loan amount, and chosen loan term. Borrowers can benefit from favorable rates based on their individual financial circumstances.

Requirements

  • Age. Applicants must be 18 years of age or older to qualify for a goPeer loan.

  • Credit Score. A minimum credit score of at least 600 is required for loan eligibility. This criterion ensures that borrowers demonstrate a satisfactory credit history and financial responsibility.

  • Annual Income. Applicants must have a regular annual income exceeding $35,000 to demonstrate their ability to repay the loan amount. This income threshold helps ensure that borrowers have the financial capacity to meet their loan obligations.

  • Canadian Bank Account. Borrowers must possess a Canadian bank account to facilitate loan disbursements and repayments. Having a local bank account streamlines the financial transactions associated with goPeer loans.

  • Residency Status. Applicants must have been a Canadian resident for at least 3 years to qualify for a goPeer loan. This requirement ensures that borrowers have a stable residency status in Canada, enhancing their eligibility for loan approval.

Additional resources

Sources

Company documents

Privacy Policy Show
Rates & Fees Show
Terms of Use Show
03.02.2022
-
Last update 27.05.2024