Progressa offers online loans ranging from $1,000 to $15,000, with flexible terms from 6 to 60 months. The application process is straightforward and quick, taking less than five minutes, and approvals can result in funds being transferred to your account on the same day. To qualify, you must be a Canadian resident aged 18 or older, with a minimum monthly income of $1,500 and have been employed at the same location for the last 6 months. For instance, if you borrow $5,000, you’ll pay a fee of $1,420, making your total repayment $6,420 over a 9-month term.
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Progressa stands out as a viable option for those seeking online loans ranging from $1,000 to $15,000. The terms of these loans are quite flexible, extending from 6 to 60 months, making it a convenient choice for many.
Applying for a loan with Progressa is a straightforward process. Prospective borrowers can complete an online application in under five minutes. Once approved, the funds can be transferred to your bank account as soon as the same day via e-Transfer. This quick turnaround time can be a lifesaver in financial emergencies.
However, it’s important to note that there are certain conditions to meet before you can borrow from Progressa. You must be a Canadian resident who is at least 18 years old, have a minimum monthly income of $1,500, and have been employed at the same location for the last 6 months.
To give a clearer picture of the repayment structure, let’s consider an example. If you borrow $5,000 with a term of 9 months, your total payment would be $6,420. This includes a fee of $1,420.
In summary, Progressa offers loans up to $15,000 with flexible terms, quick approval, and same-day fund transfer. However, it’s crucial to understand the repayment structure and ensure you meet the conditions before applying.
Table of repayments
| Amount | Fee | Total payment | Term |
| $5.000 | $1 420 | $6 120 | 9 months |
If you will get the loan of $5.000 with the term of 9 months, your totally payment would be $6 420. The fee is $1 420.