easyfinancial in Peterborough provides a better option to expensive payday lenders. If you've been turned down by the bank, we will help you get the personal loan you need. Fast, convenient access to cash when others won't approve.
Frequently Asked Questions About easyfinancial Services
What is the difference between a Personal Loan and a Home Equity Loan?
A Personal Loan allows you to access funds without having to provide any collateral to secure the loan against. easyfinancial Personal Loans have rates starting at 29.99% and loan amounts up to $20,000 with no fees or pre-payment penalties. A Home Equity Loan requires you to secure your loan with collateral such as a home. By securing your loan, you can access higher loan amounts up to $75,000 and lower rates as low as 14.99%.
What documents are needed to get an approval for a Personal Loan?
We require the following documents: 1. Two most recent pay stubs 2. Last 90 days of banking information 3. 1 recent bill addressed to your current home 4. A piece of non-expired government photo ID
What are the minimum requirements needed to qualify for a loan?
The minimum requirements to qualify for a loan are: 1. Age – depending on the province, the minimum age is either 18 or 19. 2. Employment Status - Your employment status must be full-time, part-time, self-employed, seasonal, maternity leave, retired (pension), or disabled. A customer’s employment status cannot be social assistance (i.e. welfare) or unemployed (EI) (unless the EI income is a result of maternity leave or a seasonal layoff). 3. Residency status - A customer must be a Citizen of Canada or a Resident of Canada whose status is Permanent Resident, Work Permit, or Foreign Student for at least 6 months. A customer whose Residency Status is Visitor or Other is not eligible for a loan. 4. Minimum Income - A customer must have a minimum monthly net income of $1,200 of which $1,000 must be full-time, part-time, self-employed, disability or pension.
What types of loans does easyfinancial Services in Peterborough offer?
They offer debt consolidation loans, bad credit loans, personal loans, car loans, installment loans, home equity loans, auto loans, personal financing, home loans, retail financing, and small business loans.
What are the minimum requirements to qualify for a loan at easyfinancial Services?
You must meet age requirements depending on the province (18 or 19), have acceptable employment status (full-time, part-time, self-employed, seasonal, maternity leave, retired, or disabled), be a Canadian citizen or qualified resident, and have a minimum monthly net income of $1,200 with at least $1,000 from stable sources.
What documents are required for approval of a personal loan?
You need two most recent pay stubs, last 90 days of banking information, one recent bill addressed to your current residence, and a valid government photo ID.
How do Personal Loans differ from Home Equity Loans at easyfinancial Services?
Personal Loans require no collateral and offer rates starting at 29.99% with loan amounts up to $20,000. Home Equity Loans require collateral like a home, allow higher loan amounts up to $75,000, and have lower rates starting at 14.99%.
What are the business hours of easyfinancial Services in Peterborough?
Open Monday to Friday from 10:00 AM to 7:00 PM, Saturday from 9:00 AM to 5:00 PM, and closed on Sundays.
Where is easyfinancial Services located in Peterborough?
950 Lansdowne St W, Unit A-09, Peterborough, ON, K9J 1Z9, Canada.
How can customers use nearby Walmart locations with their visit to easyfinancial Services?
Customers can combine their visit to easyfinancial Services with shopping at nearby Walmart Supercentre or Walmart Peterborough South Supercentre, offering convenient access to department store goods and services.
What nearby financial services can assist customers after visiting easyfinancial Services?
Nearby spots like Western Union and Sun Life Financial offer complementary financial services such as money transfers and insurance advising, beneficial for easyfinancial customers.
Are there nearby beauty and wellness establishments near easyfinancial Services?
Yes, customers can also visit nearby places like Sally Beauty, Lushious Hair & Beauty, Meg’s Esthetics, Salon M, and Hunny Pot Hair for beauty and wellness needs.
How can customers find easyfinancial Services using local landmarks or stores?
The branch is located near popular spots such as GameStop, Sherwin-Williams Paint Store, and Parkway Centre Pet Hospital, making it easy to find by referencing these nearby places.