SNAP Financial Group offers online loans ranging from $5,000 to $100,000, with flexible terms from 6 to 60 months. The application process is quick and convenient, taking under five minutes to complete online. Once approved, funds can be transferred to your bank account on the same day via e-Transfer. To qualify, applicants must provide a government-issued ID, proof of income, and rent verification. For instance, if you borrow $5,000 for a term of 6 months, you will pay a fee of $1,111, making your total repayment $6,111.
SNAP Financial Group review
SNAP Financial Group is a lending institution offering online loans ranging from $5,000 to $100,000. Their loan terms are flexible, spanning from 6 to 60 months, making it a convenient option for borrowers seeking short-term or long-term financial solutions.
The borrowing process is straightforward and efficient. Prospective borrowers can complete an online application in less than five minutes. Once approved, the funds can be transferred to the borrower’s bank account on the same day via e-Transfer, ensuring swift access to the loan amount.
To apply for a loan with SNAP Financial Group, certain conditions must be met. Applicants must provide a government-issued ID such as a driver’s license or Canadian passport. Proof of income is also required, which can be demonstrated through the latest pay stubs, a recent T4, or a CPP statement. Additionally, rent verification in the form of a lease agreement is necessary.
For instance, if a borrower takes out a loan of $5,000 for a term of 6 months, the total repayment would amount to $6,111, inclusive of a fee of $1,111. This example illustrates the cost structure of their loans, providing transparency to potential borrowers.
In conclusion, SNAP Financial Group offers a range of loan amounts with flexible terms, a simple application process, and quick fund disbursement, making it a viable option for those in need of financial assistance.
Table of repayments
| Amount | Fee | Total payment | Term |
| $5.000 | $1 111 | $6 111 | 6 months |
If you will get the loan of $5.000 with the term of 6 months, your totally payment would be $6 111. The fee is $1 111.