Is Loans Canada legit?


Yes, Loans Canada is a legit lending service.


Average rating: 2.75 / 5
Weighted average rating: 2.17 / 5
Based on 3 reviews from 2 sources

Go to loanscanada.ca



More Details

Positive highlights

Loans Canada works with multiple lenders to give you as many options as possible so that you can find the best loan for your personal situation.

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Negative highlights

I was unable to access my money, so I applied for an emergency loan a few weeks ago. I never heard back from Loans Canada but also decided not to get a loan. Recently, they started to call me leaving voicemails about debt consolidation programs. I never asked for this and I don't have any debts. I ignored but calls wouldn't stop, I then blocked them but they can still leave voicemails. Now they hang up after the answering machine picks up and they do this daily.

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While you can find out who your matches are without affecting your credit score, some of your matches may run credit check. You’ll need to withdraw your consent if you don’t want a credit check.

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Full review

Loans Canada is a lending service that connects borrowers with lenders in order to facilitate personal, auto, and business loans. With its wide network of lenders and easy-to-use online platform, it has become a popular destination for those in need of financial assistance. But is Loans Canada legit?

In terms of quality of service, Loans Canada has a solid reputation. The company's online platform is easy to use and allows borrowers to quickly and conveniently compare loan options from a variety of lenders. The application process is straightforward, and borrowers can usually receive a decision on their loan within a few days. However, it is important to note that the loan terms and conditions, as well as the interest rates, will vary depending on the lender and the borrower's creditworthiness.

When it comes to reviews from real users, the feedback on Loans Canada is mostly positive. Many customers praise the convenience and simplicity of the platform, as well as the helpful customer support team. However, as with any lending service, there are a small number of negative reviews, with some customers reporting issues with the loan process or dissatisfaction with the terms of their loans.

In terms of customer support, Loans Canada has a team of advisors that are available to assist borrowers with any questions or issues they may have. The team can be reached through email or by phone, and they have generally received positive reviews for their helpful and responsive nature.

One of the key features of Loans Canada is its wide network of lenders. This allows borrowers to compare a variety of loan options and choose the one that best meets their needs. Additionally, the online platform is easy to use and allows borrowers to apply for a loan from the comfort of their own home.

In terms of pros and cons, the main benefit of using Loans Canada is the convenience and simplicity of the platform. It allows borrowers to easily compare loan options and apply for a loan without having to visit multiple lenders in person. However, it is important to be aware that the loan terms and conditions, as well as the interest rates, will vary depending on the lender and the borrower's creditworthiness. Additionally, some users have reported issues with the loan process or dissatisfaction with the terms of their loans.

In conclusion, Loans Canada is a legit lending service that offers a convenient and easy-to-use online platform for borrowers to compare and apply for loans. While there have been some negative reviews, the overall feedback is positive, and the company has a dedicated customer support team to assist with any issues. If you are in need of financial assistance, Loans Canada is worth considering as a potential option.

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