Yes, it is always possible to repay early, and we would encourage you to do it if you are able! There are also no charges for early repayments. Repaying early is a great choice because: You feel free after repaying your loan There are no extra fees You can improve your trust rating with us
As soon as you have repaid a quarter of your first loan, you will be eligible to take out a second loan with us right away. By logging into your member account, you can choose the amount you would like to borrow and select in how many payments you would like to repay.
We are always eager to know your experience with us, especially if it can help us to serve you better. Please email us at applications@canadalending.loan or call us at 1-403-470-6525
When a completed application is submitted, a member of the canadalending.loans credit assessment team will review your application and will have a response within a business days. When the business application is approved, final details will be provided such as interest rate and payment terms.