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Lender
Rating by Finanso®
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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.

MDG

Finanso.Multilogin™

About lender

MDG Canada is an e-commerce company with the main aim of offering consumer open credit financing programs to its clients. It first began its operations as a white glove, computer manufacturer, and retailer company in 1991. Over the years, it has evolved into an e-commerce store that has continuously provided a personalized customer-centric environment to all its clients by ensuring flexible payment terms.

Features

Through MDG Computers Canada Inc. consumer open credit financing programs, the organization has been able to finance its clients with buying power to purchase brand-name products like televisions, computers, furniture, and mattresses at regular prices. Ththis is possible thanks to the flexible minimum daily payment amount plan.

MDG Computers Canada Inc. lending company has prioritized partnering with some of the latest top manufacturers worldwide like Hisense, Ashley Furniture, LG, PlayStation, Samsung, HP, etc. and can offers exclusive deals.

Advantages

  • MDG Canada company is ISO 27001:2013 Certified, which means that the company has an information security management system installed. Therefore, it is very keen on keeping personal information about their client safe.

  • You can prequalify to purchase an item with the credit limit for up to $3,200.

  • The company's team of experts are always available to give you a helping hand.

  • The company comes up with flexible payment plans specifically tailored for you.

  • The organization has served millions of people for 30 years, making it more reliable due to its experience over the years.

  • Items are affordable to most users of MDG Canada due to the flexible payment procedures the organization puts in place for them.

  • Through a client's MDG account, the client can get a higher credit score since the the company reports all the clients' credit activities to the credit bureau.

  • The company allows you space to change your mind before shipping items you have ordered, and it also refunds your down payment fully.

  • Promotional and regular prices for all eligible items come with a specific discount percentage attached to them.

Company documents

Certificate
Privacy Policy

MDG Computers Canada Inc. meets the highest standard for Information Security

© MDG Computers Canada Inc.

Calculate loan payments in MDG

MDG calculator will allow you to calculate an approximate payment schedule for the loan

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CAD
200 $
3200 $
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months
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What to pay attention to when applying for a loan from MDG

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes MDG from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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