Loans taken through referrals of Canadiancashsolutions will be subject to credit and underwriting approvals. Canadiancashsolutions is a leading mentor company and not a lender. Canadiancashsolutions only works with financial service providers that adhere to Canadian laws and regulations. Loans disbursed are from $500-$35,000 with terms from 4 months to 60 months or longer. APRs expand from 2.99% to 46.96% and will depend on our lending partner's assessment and evaluation of your credit profile. For instance, on a $500 loan amount to be paid over a period of 9 months, a borrower will pay $81.15 per month totalling $730.35 over a period of 9 months (Optional loan protection policy included). An insufficient fund fee of $45 will be charged per missing payment ( fee may vary depending on the lender). Failure of any sort shall lead to termination of the payment plan. For recovery of the remaining amount, collection methods will be used.
Fair recovery and collection practices are employed by our partners.
Note: Canadian Cash Solutions and its affiliates will never ask or charge you any pre-qualification or application fees. Canadian Cash Solution is not a lender but a leading referral company in the finance industry. Canadian Cash Solutions and all of its financial partners adhere strictly to Canadian laws and regulations. To protect yourself, read more on this topic here.
Does getting approved for a new mortgage loan feel impossible? Well, it’s actually not. A multiple collaterals loans allow you to leverage your home’s equity by securing your loan with multiple other properties. You get to use your own property or the property of family and friends to get the loan that you need.
How does it work?
The requirement for a multiple collateral loans is that you have a second property to leverage a loan from. The approval process does not vary depending on if it is your own property or if it is the property of a family or friends. When your mortgage loans is approved, both individuals become evenly liable.
When is it the right choice?
Multiple Collateral Loans works great in the following circumstances:
- Those who have a lot of equity in assets, but not a lot of cash.
- Those looking for a second mortgage.
- Those looking to live a debt free life and a promising financial future.
Maybe you feel tied down to past financial mistakes. Multiple collateral loans mean that you can get a private lender who is willing to give you the money you need and see past your financial history. This loan is great for people with bad credit, but has been used and is still being used to benefit people in a wide variety of financial circumstances.
Get Started Today
We would love you start you on your journey to financial success. Let us match you with a private lender who can help you meet your financial needs. If you feel like multiple collateral loans are right for you, give us a call and we would love to get you started or answer any questions.
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