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LendingMate.ca - description of the lender

Loan amount

$2,000 - $10,000

Loan term

12 - 60 months

LendingMate.ca - description of the lender

Company type

LendingMate.ca is owned by LendingMate Finance Inc. LendingMate offers loans to residents of Ontario, Quebec and British Columbia between $2,000 - $10,000 over terms between 12 and 60 months.

APR

Interest rate of 43% per-annum in British Columbia and Ontario, and 34.9% in Quebec.

Representative example

$10,000 over 36 months (secured by guarantee) repaying $498.66 per month, total repayable $17,951.76. Interest Rate 43% per annum.

Requirements

LendingMate offers loans to residents of Ontario, Quebec and British Columbia aged 19-75, have no active bankruptcy or consumer proposal, and able to comfortably afford the repayments. You will also need a friend or family member who trusts you to be your guarantor.

Your guarantor is somebody who can make the repayments on your loan if you can’t, typically they are a friend or family member. They need to be aged between 19-75 and be financially stable. LendingMate.ca is more likely to accept someone if they are a homeowner, otherwise they will need to have a strong credit history.

Working hours

9am-6pm EST Mon-Fri

Additional information

Applications: (855) 360-5597
Enquiries: hello@lendingmate.ca

Other offers

Minimum loan amount

$500

Maximum loan amount

$30,000

Minimum loan term

6 months

Maximum loan term

120 months

APR

19.99 - 39.99%

Minimum age

18 years

201

Representative example: Loan amount: $7,500, Loan Term: 60 months, Monthly payment: $233.47, Total amount repayable: $14,008.40, APR: 27.99%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$2,000

Maximum loan amount

$10,000

Minimum loan term

12 months

Maximum loan term

60 months

APR

18.9 - 54.9%

Minimum age

20 years

62

Representative example: Loan amount: $6,000, Loan Term: 30 months, Monthly payment: $307.54, Total amount repayable: $9,226.20, APR: 40%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$2,000

Maximum loan amount

$10,000

Minimum loan term

12 months

Maximum loan term

60 months

APR

34.9 - 43%

Minimum age

19 years

23

Representative example: Loan amount: $10,000, Loan Term: 36 months, Monthly payment: $498.66, Total amount repayable: $17,951.76, APR: 43%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

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