BORROW THE BEST is a financial services company providing short-term loans for a variety of reasons to the Filipino community in Canada. We are privately owned and licensed in the Province of Ontario. We specialize in a quick approval of term loans.
BORROWING FROM US
Borrowing money in Canada is not a simple matter, especially when it comes to getting a loan from the banks and financial institutions that are hesitant to extend credit to those of us who don’t yet have an established credit rating. If you are considering a loan from Borrow The Best, you are probably a newcomer to Canada or have a less-than-perfect credit score. Most of our customers come to us because they cannot get approved for a loan at a bank. No matter what your reason we can help you with your financial difficulties. We understand the difficulties faced by the Filipino community and we are here to help.
LOAN COST
There are no hidden fees when you borrow from Borrow The Best. Our loan agreements are simple and straightforward to grasp. We are happy to answer any questions you may have and we will take the time to calmly explain anything you need to be clarified. Upon acceptance, you'll receive the complete quantity of the loan in real-time.
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EMERGENCY QUICK LOANS
Confidentiality
All the information you provide to Borrow The Best is strictly confidential and will not be shared with any other business or individual. ​​By submitting a loan application to Borrow Well Loan, you declare that you have read our Privacy Policy and that you authorize Borrow The Best to verify the accuracy of the information you have provided.
WARNING: Be prudent and careful when borrowing. Please borrow responsibly if you do not have any other quickly available solution. The interest rate is still higher than that of conventional financial institutions (banks or credit unions). It may not be the cost of interest that puts you in a difficult situation, but how often you take out loans. However, the fact of amassing a large number of short-term loans could result in serious financial problems and debt that is impossible to bear. * No credit refused if you meet the requirements. You will have no problem getting a loan with Borrow The Best!!
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APPLICABLE CONDITIONS :
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The interest rate of between 20 and 32%.
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Fee for non-sufficient fund checks: $45
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Loans defaulted on by customers who show no co-operation in solving the issue shall be sent to collection for further processing and possible legal action.
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Brokerage fees are applicable.
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Late payments accumulate interest monthly at the rate of 2.66% per month totaling 32% annually
What is a Guarantor & Why do I Need One?
Your loan guarantor is probably someone just like you. The sole distinction being they got started in Canada a bit ahead of you. Somebody possibly helped them within the very same method after they 1st established credit in Canada. In time you may most likely repay the favor by doing identical issues for somebody else. That's the sense of family that produces the Filipino Community therefore vivacious and robust.
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Your guarantor is often a family member, co-worker or close friend. They're vouching for you and in turn saying they believe you will make your payments on time. Within the event of any issues, they're the primary purpose of contact and can make sure that the payment is formed.