Poor credit personal loans guaranteed approval Canada: Introduction
Legit companies do not give poor credit loans guaranteed approval Canada. If you’re experiencing significant economic problems and declined for a financing by conventional banks, do not be seduced by advertising that states “… poor credit personal loans guaranteed approval Canada …” even if you have bad credit or no credit.
Poor credit personal loans guaranteed approval Canada: They try to trick you with seductive marketing slogans
They use catchy marketing tag lines such as:
- 100% Free, Bad or No Credit, Great Terms, $0 Down, Fast, Apply Now!
- Borrow Up To $5,000 With Affordable Payments. Find out more & Get Started!
- No Credit Check Loans. Negative Credit Loans. Payroll Loan. Payday Loan.
Or they send either an email or letter in the mail offering you a bad credit loan, student loan, mortgage, negative credit score loan, or a fantastic bad credit, credit card offer.
Poor credit personal loans guaranteed approval Canada: Beware of the scammers!
They may seem to be genuine yet beware! They will certainly ask you for your personal ID and financial info; and that is where your issues will certainly begin.
These are rip-offs! They are victimizing you because they know you are desperate and will not stop until you get the funding from someone for a bad credit loan.
Poor credit personal loans guaranteed approval Canada: What the Canadian Anti-Fraud Centre has to say
According to the Canadian Anti-Fraud Centre, advertisements that promise guaranteed approval loans generally show up online or in city and national newspapers, magazines and tabloids. Remember, just by advertising through reputable media outlets does not make the business behind the ad honest or legitimate.
Poor credit personal loans guaranteed approval Canada: The up-front fee scam
These companies usually ask you to pay an up-front fee before they will start work. This fee might vary from hundreds to thousands of $$$. You rarely get your funding after paying the up-front fee. If you do, it is on the most onerous terms. You can never get your money back.
Poor credit personal loans guaranteed approval Canada: How to fix your bad credit and debt issues
If you have actually been declined for a loan through a normal lender, then that is a signal that you have debt concerns that have to be handled. Companies that advertise poor credit personal loans guaranteed approval Canada are scams. They are not the solution to your troubles; expert help is.
Contact Ira Smith Trustee & Receiver Inc. today. We are professional trustees. As such, the Canadian government licenses and supervises us. First, we will assess your situation and help you to come to the very best possible solution for your troubles.
When you come to us for your free consultation, we first check and figure out with you if one of the bankruptcy alternative choices is best for you. These include credit counselling, debt consolidation or a consumer proposal. If none of those options are available to you, only then will we discuss the bankruptcy route. Starting Over, Starting Now we can help recover you to financial health.
