Loanz Loans in Thunder bay

Get a Loanz loan verified by our specialists. On 21.07.2024 there are 1 options available to you. Increase your chances of getting a loan — fill out an application with a free credit rating check.
Offers: 1
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™

Effective interest rate on the product

up to 46.9%

Loan term for the financial product

up to 60 months
How to apply for a Loanz Loan in Thunder bay? Step-by-Step

How to apply for a Loanz loan in Thunder bay?

  1. Easy Application. Start by completing the secure online application, which typically takes only a few minutes to fill out. All the information you provide is stored securely to maintain your privacy and security.

  2. Instant Approvals. After submitting your application, Loanz swiftly processes your request using its digital platform. Factors such as your location and desired loan amount are analyzed to match you with the best offer from their lender network. It's important to note that there is no obligation to proceed if you're not satisfied with the options presented. Following your application, a representative will contact you shortly to discuss the next steps and the offers from the lenders of the Loanz network. Additionally, your credit score, if excellent or average, may impact the type of interest rate you qualify for. To ensure the accuracy of your credit profile and secure the best available rates, you're encouraged to obtain your credit score. Once approved, you can expect instant loan approval, bypassing the lengthy waiting times often associated with traditional loan applications.

  3. Receive Your Funds. Upon approval, you'll have the flexibility to choose from various methods to receive your funds. Some options can deliver the money to you in as little as 15 minutes, ensuring quick access to the financial assistance you need. It's worth noting that every payment you make towards your loan is reported to credit agencies, potentially aiding in the rebuilding of your credit history over time.

Conditions and requirements


  • Loan Amount. Loans are available in amounts ranging from $1,000 to $15,000, allowing borrowers flexibility in choosing the loan amount that suits their needs.
  • Loan Terms. Loan terms range from 12 to 60 months, providing borrowers with options for repayment periods that align with their financial circumstances and preferences.
  • Annual Percentage Rates (APRs). Loans are subject to APRs of either 29.9% or 46.9%, depending on various factors including the borrower's creditworthiness and the loan amount.
  • Repayment Schedule. Borrowers are required to adhere to a predetermined repayment schedule, making monthly payments until the loan is fully repaid.
  • Credit Reporting. Every payment made towards the loan is reported to credit agencies, potentially impacting the borrower's credit score positively if payments are made on time.
  • Usage Flexibility. Borrowers have the freedom to utilize the loanz personal loan amount for various purposes, including bill payments, debt consolidation, home improvements, emergency expenses, or special occasions.
  • Funding Time. Funds are typically disbursed swiftly upon approval, with some disbursement methods allowing for access to funds in as little as 15 minutes.
  • Verification Process. Applicants may be required to undergo a verification process, which may include providing income verification and other relevant documentation to ensure eligibility for the loan.
  • Prepayment Options. Borrowers may have the option to make prepayments towards their loan without incurring penalties, allowing for faster repayment and potential savings on interest costs.
  • Privacy and Security. Loanz prioritizes the privacy and security of borrowers' information, ensuring that all data provided during the application process is stored securely and handled with the utmost confidentiality.


  • Age Eligibility. Applicants must be over the age of 18. (Age requirement may vary depending on the province of residence.)
  • Active Chequing Account. Applicants are required to have an active chequing account. This ensures a seamless process for loan disbursement and repayment.
  • Steady Source of Monthly Income. Applicants must demonstrate a steady and reliable source of income. This is essential for assessing the applicant's ability to repay the loan amount.
  • Not Currently in Collections. Applicants should not currently be in collections for outstanding debts. Being in collections may affect the applicant's eligibility for a loan.
  • Not in Bankruptcy. Applicants should not be currently undergoing bankruptcy proceedings. Being in bankruptcy may impact the applicant's ability to access additional credit.

Additional resources