FAQs

Are BC-loans a direct lender?

No, BC-loans are not a direct lender. We're a connection service that links you with third-party lenders and financial service providers. Once you submit a request through our platform, we help match you with lenders who may be able to assist based on your needs. Any loan terms, rates, and conditions are determined solely by the lender you're connected with, not by BC-loans.

How do BC-loans work?

Getting started with BC-loans is simple. You fill out a short online form with some basic personal and financial information. We then use that information to connect you with potential third-party lenders in our network. If a lender is interested in working with you, they'll reach out directly to discuss loan terms, documentation, and next steps.

IMPORTANT

You must have had fewer than 3 NSF (non-sufficient funds) transactions or stopped payments within the last 3 months.

What are the eligibility criteria?

Here are our eligibility criteria:

– You must be at least 18 years old.

– You must have a job or a stable income (see the list of eligible income sources below*) for at least 3 months.

– The income must be deposited into your bank account via direct deposit.

– You must reside in Canada.

– Your gross monthly income must be at least $1,500.

– You cannot apply if you are currently going through bankruptcy proceedings.

Can I get a small loan even with bad credit?

Yes. We evaluate your current situation, not your credit history.

How long does it take to receive the funds?

Less than 24 hours after approval.

How much can I borrow?

Between $100 and $1500, depending on your profile.

Are there any hidden fees?

No. All fees are clearly explained in your contract.

Is my personal information safe with BC-loans?

Yes. Protecting your data is a top priority for us. BC-loans uses industry-standard security practices to safeguard your personal and financial information throughout the process. We only share your details with trusted third-party lenders and partners who follow responsible data-handling standards. For more details, please review our Privacy Policy.