Power-Aid Loans specializes in providing totally unsecured, fully open, short-term loans to homeowners in Ontario, Canada. These loans are typically hard to obtain through traditional means. We can approve loans for nearly any purpose in as few as 24 hours.
Loan Details
Our loans are unsecured, personal loans between $2,500 and $15,000 (including an administration fee). Our loans carry an interest rate of 24 - 28%. They are amortized over a period of 12 - 24 months and are fully open, which means there is absolutely no penalty for early repayment.
Eligibility Requirements
You must be a resident of Ontario, Canada. In addition, you must be a homeowner in Ontario with at least 15% equity in your home. Alternatively, if you are not a homeowner, but know a homeowner who is willing to sign as a guarantor, you may still qualify.
