Borrow Up To $1,500

The easiest way to get the fastest loan in Canada

5-minute application and
no credit check

Excellent

Rob
Rob
Read More
Really easy to use and quick fast with no hassle
Karie
Karie
Read More
Very good customer service. Always friendly and helpful.
Carrie Vedan
Carrie Vedan
Read More
You guys are always there for me when no one else is thank you!!
Ms. Emily A. Angulalik
Ms. Emily A. Angulalik
Read More
Quick and reliable!👍👍👍
Customer
Customer
Read More
Always incredible helpful and reliable when needed. Staff are friendly and effective.
Sharon C
Sharon C
Read More
Focus cash loan is very easy to deal with. They're very quick with response. I cannot say enough good about them.
 Happy customer
Happy customer
Read More
Great, fast,service. Always polite if I need to call but every thing can be done online ( which I like)
Customer
Customer
Read More
Fast and efficient customer service, I am a satisfied valued client. Thanks a lot
 D. Ackles
D. Ackles
Read More
Great service provided by great people. Always.
Customer
Customer
Read More
Excellent service ... the only drawback is the loan limit, I wish more is provided for good citizens.
Neil
Neil
Read More
They are very professional and helpful and provide excellent customer service.
Nancy
Nancy
Read More
You have always been so easy to deal with. Highly recommended.
Milagros
Milagros
Read More
Fast approval...good customer service...keep up the good work Mike. Keep safe everyone.
Previous
Next

Trusted Lender

Secure Application

Fast Approvals

How To Get Loans For Bad Credit In Canada

1. Apply Online

Our online, secure application form only takes a few minutes to complete.

2. Get Approved

It takes around 30* minutes for us to make a decision on your loan application during business hours.

3. Get Your Money

Once approved, you should receive an E-mail Transfer transfer in 30* minutes.

All Types of Income Accepted

Employment Income

Private Disability Insurance

Child Tax Credit Benefits

CPP & Private Pension

Unemployment Insurance

Workers Compensation

Why Get Loans For Bad Credit In Canada from Focus Cash Loans?

Trusted Lender Since 2008

We have been helping Canadians to meet their short term financial needs for the past 12 years.

Apply Online Anytime 24/7

Fill out our easy online loan application form and borrow up to $1500 instantly!

All Types of Income Accepted

We not only accept employment income, but EI, child tax, private disability, workers comp & pension as well.

No Credit Check Loans

Unlike other lenders, we do not run credit checks and have a personalized approach to every loan application.

Instant Interac e-Transfers

If you need money, you need it fast. Receive Interac e-Transfers within minutes of being approved.

No Hidden Fees Or Charges

When you get a payday loan from us, there are no hidden fees or extra hidden charges.

We are the leading provider of Loans For Bad Credit In Canada since 2008.

Cheap Loans For Bad Credit In Canada

Bad credit had become a reason for anyone to be disqualified from being able to get a loan. This is not the case anymore as a person can be given loans for bad credit in Canada despite the fact that their credit report does not represent what many used to call the favourable conditions for getting a bank or any other lender to offer you their services. These banks have come to realize that investing in those bad credits could also be beneficial as they also bring in interest. With the hard economic times, most people are ending up in debt, so if all of them are turned away by the banks, then the lenders might as well have to go out of business.

Affordable And Manageable Loans For Bad Credit In Canada

The first thing to do when looking for affordable loans for bad credit in Canada is to do research. Luckily the internet provides people with all the information they require about loans. There are also websites for these banks and companies where one can inquire about the different types of loans and more importantly, the ones which suit the one in debt the best. Research also includes asking other people who may have taken up a loan on how the went about. They may also be able to point out some of the things to look out for in getting a loan.

After doing research and deciding on which bank you think will meet your needs, the next thing to do is to find out which loan you want and which category you fit into. The loans for bad credit in Canada are mainly two. These two loans are different, but they suit whoever chooses to use them. They include the secured and unsecured loans.

The secured loan for starters is a loan where the borrower is required to have something of value in their possession.it could be a piece of land or property, a vehicle or anything of the same value or even more than the amount being offered in the loan. The valuable component is then offered to the lender as a form of collateral. This acts as a kind of leverage for the lender in the case where the borrower is unable to come up with the money in the stipulated time. Since both parties are taking risks, that are the lender with his money and the borrower with what he offered as collateral, they can both rest easy after the transaction.

The borrower, however, hangs on to the documents that prove that he owns what was offered to the lender as collateral until the time for payment is due, and he has to come hand over the documents to the lender as he will then be the new owner of the given asset. However, the borrower is given a time extension and low interest rates because the lender is comfortable he will be compensated even if he waits. That is how secured loans for bad credit in Canada works.

The other type of loans for bad credit in Canada is the unsecured loan. This loan suits those who have no assets to offer as collateral, and even if they do, it is for those who are looking to get money which they are sure they will be able to pay back soon without any delay. The borrower does not need to offer anything as collateral. They however, cannot ask for a large amount as the bank or money lenders will feel they are taking on a huge risk as they have nothing to bargain with if the borrower is unable to pay up in time.