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Apply for a personal loan in Fredericton and get a decision in minutes

Get more money at lower rates with Fredricton's best payday loan alternative.

easyfinancial offers personal loans up to $100,000* that can help improve bad credit and get you on a path to a better financial future

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Rebuild your credit and get back on track

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YES when the

banks say no

We can help get you approved even with bad credit or no credit history.

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10 minute approval

With e-Transfer, get a quick decision and your money the same day.

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Rebuild your credit

Rebuild your credit with on-time payments and graduate to lower rates.

GET A LOAN

See how we have helped thousands of easyfinancial Fredericton customers just like you

Here’s what Canadians love about us

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Have questions? We can help.

What credit score do I need for easyfinancial?

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This is determined on a case-by-case basis. We use many factors to approve applicants for a loan, including monthly income and credit score. We factor in your debt-to-income ratio (50%), debts in collections, car payments, and monthly debt obligations. Those with bad credit (300-720) are encouraged to apply.

What is a soft inquiry and how is it different than a hard inquiry?

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A soft inquiry is when your credit report is pulled for informational purposes and does not affect your credit score. A soft inquiry is simply a review of your credit report that's used to determine if you are eligible for a pre-approved offer and may be used to verify who you are.  When a company conducts a soft inquiry, this is only visible to you, and is not seen by other lenders therefore it will not negatively affect your credit score. 

A hard inquiry is when a credit report is requested from the credit bureau for the purpose of evaluating you as a borrower. A hard inquiry can affect your credit score and can be seen by other lenders. However, keep in mind that hard inquiries are only one of the five major factors that help determine your credit score.  Other factors such a payment history and credit utilization play a much bigger role in determining your credit score. 

What are your payment terms?

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We offer terms of 9 months to 240 months.

What is the difference between a Personal Loan and a Home Equity Loan?

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A Personal Loan allows you to access funds without having to provide any collateral to secure the loan against. easyfinancial Personal Loans have rates starting at 29.99% and loan amounts up to $20,000 with no fees or pre-payment penalties. A Home Equity Loan requires you to secure your loan with collateral such as a home. By securing your loan, you can access higher loan amounts up to $100,000 and lower rates as low as 9.99%.

What is the difference between easyfinancial and a payday loan?

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Our installment loans are designed to help you get the money you need today at affordable rates, and help you rebuild your credit for tomorrow. High-cost payday loans can charge you annualized interest rates of 300% or more, and do not report your payments to the credit bureau, meaning they will not help you improve your credit score.