How it works

We at Loans Mate are not a lender and cannot make any credit decisions. We work as a responsible intermediary who will process your information and help you finding the most suitable lender on the basis of your requirements and credentials. We are here to match your requirements with the lenders according to the details you have submitted on this website at the time of registration. We understand what you are dealing with and thus we make sure to help you finding the most appropriate loan deal by the lender you trust at competitive rates and terms.

For accessing the services of Loans Mate you first need to mete few basic eligibility conditions like being at least 18 years old or more, holding a valid healthy bank account that accepts online fund transfer, having citizenship of Canada and also having regular source of income.

Lenders always follow a strict procedure for loan approval. It is not necessary that they approve each and every application they receive. At times your preferred loan plan may not match with your particular needs, which ultimately leads of non-approval of a loan. Also, when you fail to provide us your accurate and honest details then it may also result in rejection of your loan application.

Lenders will determine your credit worthiness and will also carefully verify all your submitted details before lending you money. Once your loan is approved the desired money will be directly deposited into your bank account. You can then use approved money freely to take care of any of your short term urgent requirements on time.

Visit our FAQ page if you are looking for more answers!

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