Consumer Capital Canada offers online loans ranging from $500 to $12,500, with repayment terms stretching from 12 to 60 months. The application process is straightforward and swift, taking only a few minutes online. Approval often comes within 24 hours, with funds deposited directly into your account within a week. Eligibility is limited to Ontario residents aged 18 or older with a steady income and an active banking account. For instance, a loan of $1,000 for a term of 12 months would result in a total repayment of $1,501.08, with a fee of $501.08.
Consumer Capital Canada review
Consumer Capital Canada offers an enticing range of online loans, providing financial flexibility to its customers. With loan amounts ranging from $500 to a substantial $12,500, they cater to a variety of needs, whether you’re looking to consolidate debt, make a significant purchase, or handle unexpected expenses.
Their loan terms are equally flexible, spanning 12 to 60 months. This range allows borrowers to tailor their repayment plan to their financial situation, ensuring that the loan doesn’t become a burden.
The borrowing process is straightforward and efficient. Prospective borrowers can apply online within minutes, eliminating the need for time-consuming paperwork. Approval typically comes in less than 24 hours, making it an ideal option for those in need of quick funds. Once approved, the loan amount is deposited directly into the borrower’s account within a week.
However, there are certain prerequisites to be eligible for a loan. The applicant must be an Ontario resident and at least 18 years old. A steady income and an active banking account are also required, ensuring the borrower’s ability to repay the loan.
To give a clearer picture of their repayment structure, consider this example: If you borrow $1,000 for a term of 12 months, the total repayment amount would be $1,501.08, including a fee of $501.08. This transparency in terms and conditions makes Consumer Capital Canada a reliable choice for those seeking financial assistance.
In conclusion, Consumer Capital Canada offers a convenient, flexible, and transparent loan service, making it a viable option for those in need of financial aid in Ontario.
Table of repayments
| Amount | Fee | Total payment | Term |
| $1.000 | $501.08 | $1 501.08 | 12 months |
If you will get the loan of $1.000 with the term of 12 months, your totally payment would be $1 501.08. The fee is $501.08.