Bad Credit Loans in Toronto

Bad Credit Loans in Toronto


There are always unforeseen financial emergencies that can come up from no there. Let it be a simple home renovation, medical and insurance bills, or just everyday expenses. It does not matter why and when you need the money. If you need some extra funds, there should be an easy way how to obtain them.

Fortunately, for people, there are many direct lenders available out there, who offer bad credit loans in Toronto. 

Being an online lender, Loan Away is here to help Canadians get the loans they need. It does not matter if you have a good or bad credit score in Toronto. We believe that everybody deserves a loan in Toronto no matter what her/his credit is.


What is Bad Credit in Toronto?


Firstly, we would like to mention that a credit score is a 3-digit number that shows lenders and banks how successfully you have managed your credit account. In Toronto, a score equal to 750 points and above is known as excellent. A score above 650 points is good and anything below 600 is bad. 

Secondly, every person who has ever dealt with credit accounts in Toronto should know what actually makes up their credit: new credit accounts, types of accounts, credit history, the balance owed, and payment history. Looks like you have failed to manage these five essential characteristics? Do not worry! There are still ways how you can apply for bad credit loans in Toronto. 

Bad Credit Loans in Toronto


Where to Get Bad Credit Loans in Toronto?


Searching for loan options, you could definitely go with big banks. However, you will need to have a good credit score and provide some collateral to qualify. Moreover, dealing with banks, you will have to wait from two to three weeks to get your loan approved. 

Here at Loan Away, we do not care about your credit history and we do not ask for any collateral. All we care about is your ability to pay us back. And our bad credit loans application in Toronto takes less than 8 minutes to complete. Once approved, you can get up to 5000 dollars in 24 hours or less!

These are the locations where you can apply for bad credit loans:

  • Greater Toronto Area (GTA): Toronto, Scarborough, North York, Etobicoke


  • Region of Peel: Mississauga, Brampton, Caledon


  • York Region: Vaughan, Thornhill, Richmond Hill, Markham, Aurora, Newmarket, King, Whitchurch-Stouffville, East Gwillimbury, Georgina


  • Durham Region: Pickering, Ajax, Whitby, Oshawa, Uxbridge, Scugog, Brock, Clarington 


  • Halton Region: Oakville, Milton, Burlington, Halton Hills


Bad Credit Loans in Toronto


How can I use Bad Credit Loans in Toronto?


Depending on a lender or bank, there can be some restrictions on how you can use the funds. At Loan Away, you can get up to 5000 dollars and use it to fulfill any of your wants or needs. It is none of our business how you will use the money. We are here to help you with bad credit loans in Toronto, not to ask questions. 


How to Get Bad Credit Loans in Toronto?


The process is very simple and fast. All you have to do is:

1. Go to 

2. Select the loan amount

3. Fill out our bad credit application

4. Sign the loan contract with one mouse click

5. Money deposited directly into your bank account in 24 hours or less