Get up to $1,500 into your bank account in 30* minutes!

How The Loan Process Works


Apply Online

Applying with Focus Financial is fast and easy, simply fill out our secure and easy application form.


Get Approved

Get approved for a loan in as little as 30* minutes during our regularly scheduled business hours.


  Instant Funding

Once approved, you can receive the funds via E-Mail transfer within 30 minutes*.

Why should you loan with Focus Financial? 

Trusted Lender

We have been supplying Canadians with short term loans for the past 10 years, come see why we are the preferred payday loan provider. 

Quality Customer Service

Got any questions? Please call or email us right away and our staff will guide you through the way.

High Approval Rate

Every application is based on a per person basis and all circumstances are taken in to consideration.            

Fast Turn Around

We strive to process your loans application within minutes and get the money you need right away.

No Faxing Required

Send us your documents the fastest way possible by using our online verification.

Easily Apply Online

In less than 5 minutes your application can be submitted to be processed for your same day loan.

Unsecured Loans for People with Bad Credit

When does someone apply for an unsecured loan? Obviously the person is in need of money but the word “unsecured” plays a significant role as you do not have to provide any collateral as security while applying for a loan. And there will also be options of unsecured loans for people with bad credit. Bad credit is simply a condition when you are not able to maintain a good credit history. The bad credit is decided by the credit score, done by different methods, and will be a true sign of where you rank among all on the basis of credit. All situations like pending installments, unpaid debts, pending bill payments exemplify bad credit.
Searching the World Wide Web will give you numerous options of unsecured loans for people with bad credit to choose from. You can get all the vital information about different organizations and the terms they offer when lending a loan. Just checking one or two options might not be sufficient and you need to go for a detailed search that will yield you positive results. You will have to check all terms like interest rates, repayment periods and amount of installments.
The one problem that generally comes with unsecured loans for people with bad credit is the fact that such people are taken as a risk and big or popular banks try to avoid such customers by rejecting them the loans citing their past record as the reason. But you will find many banks that will be interested in helping you out. The catch is that the interest rate charged would be much higher. Where you expect an interest rate of 7-15% for a normal loan, interest rates of unsecured loans for people with bad credit can hover around anything between 10-25%. Most banks that offer such loans set their interest rates on different criteria but the basic reason for the high interest rate would be the bad credit record and the amount of money loaned.

Points to ponder upon before applying for unsecured loans for people with bad credit

Unsecured Loans for People with Bad Credit The previous paragraph has made your search for a viable option to get unsecured loans for people with bad credit even more difficult but you need to be careful about everything. You don’t want to be falling into traps and losing everything that you have. These are only short term solutions and you need to think about many things before making the final choice.
The first thing is the reason for what you are taking a loan. Most banks divide the loans into different categories according to the need of the customer. The amount of money loaned in each case is different and the rate of interest also varies with the same. You need to understand your need and then make a choice for a suitable bank that might be popular for providing unsecured loans for people with bad credit in the specific niche.
You also need to consider the fact about the repayment of the loan. Taking a loan doesn’t finish your financial problems, it is just the beginning. You will have to repay the loan month by month and that could be a hard task to do. Elongating the repayment period means you will have to pay more to get the loan.
Finally you should check your credit score once again. There are some disadvantages of unsecured loans for people with bad credit and if you don’t fall under the category then why should you pay that extra interest rate when you can get a loan at a cheaper rate.

Unsecured Loans for People with Bad Credit Video