Loans London works with licensed Ontario lenders across 5 loan types. Each has its own page below with who it suits, how the lender sizes it and how quickly it funds by e-transfer. Pick the one that matches the bill in front of you.
Payday Loans London Ontario
$100 to $1500 repaid in one debit on your next pay date, capped at $14 per $100 under Ontario law.
Payday loans in London Ontario run from $100 to $1500, cost at most $14 per $100 and come due in one debit on your next pay date under the Payday Loans Act, 2008. This page works out the cost, the 50% of net pay limit, the cancellation right and the plan owed on a third loan.
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Installment Loans London Ontario
$500 to $10000 at 18% to 35% APR, repaid in fixed payments over 3 to 60 months.
Installment loans in London Ontario run $500 to $10000 at 18% to 35% APR, repaid in fixed payments over 3 to 60 months. This page works the real monthly numbers at 30% APR, shows when the product beats a payday loan, and covers what lenders read on income before they price you.
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Bad Credit Loans London Ontario
Approval read from employment income and banking, not from a credit score.
Bad credit loans in London Ontario are sized on employment income and clean banking, not on a credit score. This page explains how income based lenders read your deposits, what approval honestly looks like by credit situation, what each product costs, and the upfront fee scams to walk away from.
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E-Transfer Loans London Ontario
Applications funded by Interac e-transfer, often within the hour during business hours.
E-transfer loans in London Ontario move from application to money in your account in about 30 minutes during business hours: a ten minute form, a bank verification that takes about 60 seconds, an e-signature and an Interac e-transfer. This page gives the honest timeline, including the cutoffs nobody prints.
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Personal Loans London Ontario
Unsecured loans for the bills a single paycheque cannot clear, sized to your pay calendar.
Personal loans in London Ontario run $500 to $10000 unsecured, at 18% to 35% APR over 3 to 60 months, for the bills one paycheque cannot clear. This page works the monthly payments, compares banks against online lenders on speed and credit bar, and ties the payment date to London pay calendars.
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Choosing between them
A payday loan bridges one cheque to the next and is sized to a share of that cheque. An installment or personal loan spreads a larger cost over months. A bad credit page explains what a lender reads instead of a score. If you are unsure, the how it works page walks through the application, and the FAQ answers the questions that come up most.
