How it Works – Simple Steps to Get Your Loan Fast

urLoan™ currently offers 2 types of loans: Personal or debt consolidation.

We are currently offering consolidation loans to help you pay off debt, and offer funds from $1,000-$15,000 and allow you up to 36 months to re-pay. Approval amounts are based on income, stable employment, debt load and a variety of other underwriting guidelines.

Benefits of the urLoan™ Term Loans:

We approve customers with good, poor or no credit at all.
• You don’t need to own your home!

We report to the credit bureaus.
• Which, managed responsibly, could help you build your credit.

We develop a re-payment plan that you can afford.
• Approvals are based on your income.

Everything is handled electronically.

• From your application, to obtaining funds, to paying your funds!

• Use your personal loan for anything, no restrictions.

It’s Easy and Hassle Free

Your loan can be approved within hours of your application being received. Once approved for your personal loan, the funds are transferred electronically into your bank account within 1-2 days. Next, your loan re-payments will be debited automatically on your pay day (which we would confirm with your employer for flexible bi-weekly, semi-monthly, or monthly repayments).

Required
Documentation &
Verification

• Proof of employment
• Proof of income
(provide your last 2 paystubs)
• Proof of address
(lease agreement, cable, hydro, etc.)
• 2 Pieces of Government issued identification
(driver's license, passport, etc.)
• 3 months of Bank Statements
• References in some cases.

General Requirements

• Permanent Resident of Canada
• Over age of 18
• Active bank account for 90 days
• At employer for more than six months
• Regular employment income of
over $1,500 net pay / month
• not filed or currently in a bankruptcy or consumer proposal or credit counselling