Credit Club offers online loans ranging from $100 to $1,500 with a term of 14 days. The borrowing process is straightforward: select the desired amount and term, apply for the loan, and receive the funds. To qualify, you must be a resident of Ontario or British Columbia, at least 18 years old, employed at the same place for the last three months, and have an active bank account. For instance, a $1,000 loan incurs a fee of $211, leading to a total repayment of $1,211 in 14 days. They charge $15 for every $100 borrowed; hence, a $300 loan would cost $45, making the payback amount $345.
Credit Club review
Credit Club offers a convenient and straightforward loan service. With loan amounts ranging from $100 to $1,500, it caters to those in need of quick financial assistance. The loan term is a standard 14 days, making it a short-term solution for unexpected expenses.
The process of borrowing is as simple as it gets. You start by selecting the amount and term that suits your needs. After that, you apply for the loan, and once approved, you receive the money. It’s a swift process designed to get you the help you need as soon as possible.
However, there are certain conditions to be met. You must be a resident of Ontario or British Columbia, and at least 18 years old. Additionally, you should have been employed at the same place for the last three months and have an active bank account. These requirements ensure that you have the ability to repay the loan.
The repayment terms are transparent. For instance, if you borrow $1,000, you’ll be charged a fee of $211, making your total repayment $1,211 after 14 days. The fee structure is $15 per $100 borrowed. To illustrate, for a loan of $300, the cost of borrowing will be $45, and the total repayment would be $345.
In summary, Credit Club provides an online credit service that is quick, easy, and transparent. It’s a reliable option for those in Ontario and British Columbia in need of short-term financial assistance.
Table of repayments
| Amount | Fee | Total payment | Term |
| $1 000 | $211 | $1 211 | 14 days |
They charge $15 per $100 borrowed. Example of the total cost of the loan, for a $300 loan the cost of borrowing will be $45 and the payback amount $345.