Fix4 Capital is a lending platform that offers online loans ranging from $500 to $10,000 with repayment terms from 1 to 3 years. The application process is simple and quick, with approval in less than 24 hours and funds directly deposited into your account. To qualify, you must be a Canadian resident, of legal age in your province, have steady employment, and receive income from direct deposit. Self-employed individuals and those on social assistance are not eligible. For instance, if you borrow $3,000, you’ll pay a fee of $1,500, making your total repayment $4,500 over a term of 1 year.
Fix4 Capital review
Fix4 Capital is a lending platform that offers online loans ranging from $500 to a whopping $10,000. The loan terms are flexible, spanning from 1 to 3 years, which provides borrowers with ample time to repay the loan.
The application process is straightforward and convenient. Prospective borrowers can apply online within a few minutes. The approval process is swift, with decisions typically made in less than 24 hours. Once approved, the funds are directly deposited into the borrower’s account, eliminating any unnecessary delays or hassles.
However, there are certain conditions that applicants must meet. They must be Canadian residents and have reached the age of majority in their province. Stable employment is a must, and income should be received through direct deposit. Unfortunately, self-employed individuals and those on social assistance are not eligible for these loans.
To give a clearer picture of the repayment structure, let’s consider a loan of $3,000. If this amount is borrowed for a term of 1 year, the total payment would amount to $4,500. This includes a fee of $1,500, which is factored into the repayment.
In conclusion, Fix4 Capital offers a convenient and efficient way to secure a loan, with a range of amounts and terms to suit different needs. However, the eligibility criteria may exclude some potential borrowers. As always, it’s important to consider the cost of borrowing and ensure that the repayments are affordable.
Table of repayments
Amount | Fee | Total payment | Term |
$3.000 | $1 500 | $4 500 | 1 year |
If you will get the loan of $3.000 with the term of 1 year, your totally payment would be $4 500. The fee is $1 500.