Mogo is a quick loan financial lending institution based in Toronto, with a clientele of over 900,000. It’s high on the list of the best quick loans in Canada.
- Adjustable interest rate and repayment terms
- The approval process is very quick and easy
- Loan fees not disclosed on the website, driving up the loan’s initial price
- High interest rates if you borrow large quick loan in Canada
Mogo quick loan: Unlock $100 to $35,000 without collateral
Mogo offers Canadians a wide variety of financial options, such as quick loans from $100 to $35,000, mortgages, free credit score monitoring, identity fraud protection, credit cards, and cryptocurrency. The APR of Mogo’s loans is from 5.9% to 46.96%. The good thing about Mogo is that it will give you a loan even if you have a bad credit score. However, you have to be careful in this case because the interest rate can be quite high.
Some of the benefits that Mogo offers to customers are operating in almost every province and territory and providing a variety of financial options. There’s also 24/7 service, good and quick loan payments that appear on your credit report, free credit score monitoring, and a free Mogo Visa Platinum Prepaid Credit Card.
The provinces and territories in which you have to be a permanent resident to get a Mogo quick loan are Ontario, British Columbia, Alberta, Manitoba, Prince Edward Island, Nova Scotia, Saskatchewan, Newfoundland & Labrador, New Brunswick, the Northwest Territories, and Nunavut. In order to be eligible to apply for a quick loan, candidates need to be past the age of majority (18 or 19, depending on the province or territory). Mogo doesn’t have any restrictions on how to use the loan.
How to get Mogo quick loan
Get a loan quote
Enter a few simple details and receive your personalized loan quote in minutes. No obligation, no impact on your credit score.
Connect with a Lending Specialist
A Lending Specialist will be in touch to customize your loan details.
Complete the loan application
Gather the necessary documents and finalize your loan application online or in branch, and you could have your money as soon as today.
What you need to get a quick loan from Mogo
A credit score within a certain range
Some form of credit history
A Canadian bank account
Proof of income / Steady employment
You must be 18+ years of age
Many users define Mogo as the best loan company Canada has because the list of perks is quite wide. In fact, the quick and easy registration form and the fact that users can get loans even with a bad credit history make Mogo ideal. Mogo’s 100-day trial is an extra perk that many users find appealing.
You can apply for a Mogo Quick Loan from HERE