Learn more about personal loans with Quick Givers, a trusted Canadian lender offering responsible lending solutions.
Quick Givers offers personal loans to help you consolidate debt, cover unexpected expenses, or plan for major life events. Apply online or at over 255 branches across Canada. Get started with a free loan quote.
When you take out a personal loan, you receive the loan amount as a lump sum. You’ll repay the loan through a set number of monthly payments, or ‘installments,’ over a period called the loan term. If consolidating debt, the lender may pay off your outstanding bills directly, depositing any remaining amount into your account.
A personal loan and an installment loan are the same. You borrow a sum of money and repay it over time through fixed monthly payments, called installments. Common types of installment loans include mortgages, personal loans, debt consolidation loans, and car loans.
Revolving credit, like credit cards or lines of credit, allows you to borrow up to a set limit, repay, and borrow again. Installment credit, such as personal or car loans, provides a lump sum that you repay in scheduled payments over a fixed period until the balance is fully paid.
At Quick Givers, interest rates start at 19.99% for secured personal loans and 29.99% for unsecured personal loans. Homeowners can also consider mortgage refinancing with rates starting at 12.49%. Rates vary by province and depend on factors like credit score and borrowing history.
The repayment period, or loan term, ranges from 6–60 months for unsecured personal loans and car loans, and 36–120 months for secured personal loans.
Quick Givers’s personal loans have fixed interest rates and payments, ensuring a predictable schedule. However, adjustments to terms or loan renewals may change the interest rate or payment amount.
A secured loan is backed by an asset (e.g., a house), allowing lower interest rates and higher borrowing limits (up to $60,000 at Quick Givers). An unsecured loan, backed only by a signed contract, has higher rates due to greater lender risk, with borrowing up to $25,000.
Personal loans from Quick Givers can be used to consolidate debt, cover unexpected expenses, manage home or auto repairs, or plan for events like weddings, vacations, or welcoming a new baby.
You can send cheques directly to creditors as outlined in your Quick Givers loan contract, ensuring the balance is applied to the correct account. Include your account statement with the cheque. Alternatively, a Quick Givers Lending Specialist can assist with debt consolidation. Contact a local branch or call 800-995-2274 for help.
Yes, Quick Givers allows you to pay off unsecured personal loans early with no prepayment penalties. Secured loans can also be paid off early, but prepayment penalties may apply, varying by province or territory. Contact a Quick Givers Lending Specialist for details.
Yes, you can get a free online loan quote from Quick Givers to see how much you may qualify for and estimate your payments, with no impact on your credit score. A Lending Specialist will follow up to discuss options. Visit apply.Quick Givers.ca to get started.
Loan insurance, or creditor insurance, from Quick Givers can cover some or all of your loan payments in cases of illness, disability, involuntary job loss, or death, helping to protect against default.
Visit Quick Givers’s loan insurance page to download claim forms. A Quick Givers Lending Specialist can assist with the claim process.
Contact your local Quick Givers branch by calling href="Quick Givers/apply.php" to request a loan discharge. A Lending Specialist will collect any discharge fee and submit your documents. You or your lawyer/notary will receive a confirmation letter once the loan is discharged.
