Money Mart provides different types of loans, such as installment, cash advance, small business, personal, bad credit and payday loans.

Since opening its doors in 1982, they have expanded with over 600 service locations across Canada and the US. That said, we also like that they have multiple locations in Winnipeg, making them more accessible to more people.

We’re glad they offer bad credit loans, which can come in clutch if you’re stuck in an emergency.

On that note, it’s heaven-sent that you can apply for a $1,000 to $15,000 installment loan and have it deposited to your account within two hours, and you can pay it off in 12 to 60 months.

And speaking of paying off, we appreciate Money Mart for not imposing penalties for paying the remaining balance of your loan at any time.

On the downside, Money Mart locations tend to have long lines and wait times. In some cases, people have to wait 30 minutes per person.

It doesn’t help that there are times when there’s only one person in the location, causing slow-paced lines. Although their staff are friendly and ensure you understand the agreement and get your loan as soon as possible.

That said, we suggest you download their Money Mart mobile app to check out loans suited for you and avoid lines all at once.

What we like about easyfinancial Services is that they cover almost all loan types, making it easier for people to apply for a loan if they were previously rejected by a bank. Some services include personal, home equity, auto, bad credit and installment loans.

For those eyeing personal loans, you can loan up to $20,000 with no fees or pre-payment penalties and terms from 9 to 120 months. This can come in handy if you have to pay off bills or cover unexpected expenses.

It’s also worth mentioning that they accept and offer bad credit (300-720) loans. Plus, they can help you build up your credit score as you pay off your loan with them.

Luckily, easyfinancial  offers 10-minute approvals, and with e-Transfer, you can make a quick decision and your money on the same day. And most of their loan offers have instant deposit times, which we think is one of their competitive edge.

But, just a heads up, we noticed that their minimum monthly income is slightly higher than other loan agencies. They require a minimum of $1,200 compared to other agencies that require as low as $800.

We also advise you to understand the loan agreement you apply for, especially with home equity loans, since they have a 3-month interest penalty for pre-payments for secured loans.

Nonetheless, with easyfinancial Services’ high% satisfaction rate of 94%, we believe they’re a wise choice for quick loan approvals and deposits!

AAR Financial offers loan services and options, including personal loans, debt consolidation, home equity, small business and auto loans.

We like that you can get personal loans up to $50,000 and home equity loans up to $100,000. It’s a plus that you can pay off your personal loan anytime without any penalties.

Another we appreciate is their flexible lending criteria to cater to a broader client base. In fact, we encourage you to call them and avail of their free customized loan assistance to help you have an idea of what your best options are.

However, we are a bit iffy about some reports of unresponsiveness, especially with unanswered emails. We also noted that this has caused some delays in processing for approval, which could’ve been avoided had they seen and resolved the email.

Fortunately, they have a user-friendly online application system on their website which you can fill out in minutes.

We also think AAR Financial’s 99% approval rate is a good sign of how flexible and open they are to clients with different needs, income, and credit scores — good or bad!

Overall, we recommend AAR Financial for those worried about their qualifications since they’re up for discussion and personalization to fit your needs.

Fairstone gives clients a fair shot at getting a personal, small business, auto or home equity loan. One of the things that impressed us is their free online quote service, where you can find out how much money you could qualify for and what loan payments might be suited for you.

On top of this, you’ll be able to speak with a lending specialist to discuss your borrowing options and your questions — helping you make informed decisions. If you’re not interested in the quote, then it’s no problem!

We also like that you can further request personalized payment schedules besides their standard loan terms.

On the downside, there have been reports regarding the lack of communication for regular updates on loan status and payment, causing clients to have unrecorded payments and confusion. This has also led to some processing delays.

As for personal loans, it’s great that they don’t have prepayment penalties for unsecured loans. However, the same doesn’t apply to secured personal loans — there’s a penalty.

Although we have to give props to Fairstone for serving and approving over 3.3 million loans throughout almost a century of operations in the industry.

Lastly, Fairstone has a 98.5% satisfaction rate, which is a good sign of its consistent performance, considering its long-running operations.

What’s unique about Aski Capital is that they operate by forming partnerships with employers through which they provide short-term loans to all eligible employees.

But this also means you can only use their services if your employer is an Aski Partner. On the bright side, it costs employers nothing to be a part of the Aski EBL Program.

The thing that’s special about this arrangement is that their employee benefit loans are cheaper than other loan providers, and their repayment terms are far friendlier. 

For Instance, Aski can provide a single loan for $1000.00 termed over 86 days or approximately six pay periods for a total fee of about $72.00 — which is a great bargain!

We also like that Aski Capital has fast and convenient processing and approval since partnering with your employer makes things more accessible.

Notably, your credit doesn’t affect your chances of getting a loan. In fact, they don’t perform a credit check; instead, they only verify that you have been employed longer than three months with the same employer — perfect for urgent needs.

Finally, it’s worth mentioning that you can borrow any amount up to 50% of your bi-weekly net pay and conveniently pay your loan back through payroll deduction.