Symple Loans offers online loans ranging from $5,000 to $50,000, with repayment terms of 12 to 84 months. The application process is straightforward and quick, with funds deposited directly into your account within a week. To qualify, you need a minimum yearly income of $25,000, a credit score of 700 or above, and you must be a resident of BC, AB, MB, ON, NB, PEI, or NL. For instance, if you borrow $5,000 for a term of 12 months, the total repayment would amount to $7,501.08, inclusive of a fee of $2,501.08.
Symple Loans review
Symple Loans offers a streamlined solution for those seeking financial assistance, providing online loans ranging from $5,000 to a substantial $50,000. The terms of these loans are flexible, spanning from 12 to 84 months, allowing borrowers to tailor their repayment plan according to their individual circumstances.
The process of acquiring a loan from Symple Loans is straightforward and efficient. Prospective borrowers can apply online within minutes, eliminating the need for tedious paperwork and lengthy waiting periods. Once the application is approved, the funds are deposited directly into the borrower’s account within a week, ensuring swift access to the required financial aid.
However, Symple Loans does have certain prerequisites for its borrowers. To qualify for a loan, the applicant must have a minimum yearly income of $25,000 and a credit score of 700 or above. Additionally, the applicant must be a resident of either British Columbia, Alberta, Manitoba, Ontario, New Brunswick, Prince Edward Island, or Newfoundland and Labrador.
The repayment structure of Symple Loans is transparent, with no hidden costs. For instance, if a borrower opts for a loan of $5,000 with a term of 12 months, the total repayment would amount to $7,501.08. This includes a fee of $2,501.08.
In conclusion, Symple Loans offers a convenient and quick solution for those in need of financial aid, with flexible terms and a simple application process. However, the service is only available to those who meet the specified income and credit score requirements, and are residents of the listed provinces.
Table of repayments
| Amount | Fee | Total payment | Term |
| $5.000 | $2 501.08 | $7 501.08 | 12 months |
If you will get the loan of $5 000 with the term of 12 months, your totally payment would be $7 501.08. The fee is $2 501.08.