Have a question?
SimplyBorrowed is a financial services provider designed to assist people underserved by the Canadian banking industry. We use our proprietary qualification system along with third-party vendors such as Zumrails and Certn.
We understand your concern. Our process and our vendors are designed specifically to enhance your privacy and security. Usernames and passwords are never displayed, viewed, or stored by our vendors. This is the safest, fastest, and most convenient way for you to submit your information for loan approval.
Once approved, the money will be deposited directly into the bank account you provided us with.
Payments are automatically debited from your bank account either once per month or biweekly depending on your contract.
You can pay off the total remaining balance of your loan at any time without any penalties or charges.
No, your credit score remains unaffected by our loans. Your credit score will only be impacted if you default on your payments.