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PERSONAL LOANS FOR NEWCOMERS TO CANADA 

 The simplest way for new immigrants and newcomers to access funds — even with no Canadian credit history.

1, 2 and 5 year installment loans · Built for newcomers, new permanent residents, work permit and study permit holders.

SIMPLICITY TRANSPARENCY CONVENIENCE

SimplyBorrowed was founded to solve one problem: newcomers to Canada — immigrants, permanent residents, and work/study permit holders — often can’t access credit because they haven’t had time to build a Canadian credit history. We built a lending process designed specifically for that gap.

Apply for a loan with SimplyBorrowed today!

Our loans are set up with proper installments at affordable interest rates – find out what loan you can qualify for:

ACCESSING FUNDS HAS NEVER BEEN THIS EASY

How it Works:

SIGN UP AND APPLY ONLINE

SUBMIT THE REQUIRED DOCUMENTATION

RECEIVE YOUR MONEY DIRECTLY IN YOUR ACCOUNT

PAYMENTS ARE AUTOMATICALLY DEDUCTED VIA DEBIT ORDER

There are no hidden fees or penalties.

You can settle as early as you like, there are no prepayment penalties!

We charge interest on your outstanding loan balance over the actual life of the loan.

CLEAR AND TRANSPARENT

Requirements

71 lock

A free member account

Proof of legal status

Goverment Issued Id

Canadian Bank Account

TESTIMONIALS

WHAT OUR CLIENTS SAY...

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