Why Choose an Unsecured Loan from 1Onefund Financial?
Unlike other mortgage brokers who only offer secure loans against home equity, 1Onefund Financial also offers unsecured loans. That means that we can help you even if you don’t own a home or don’t have sufficient equity in your home!
In fact, you don’t even need to have perfect credit to get an unsecured loan from us. While traditional lenders such as banks and credit unions have very strict regulations and typically require you to have an excellent credit score in order to get an unsecured loan, we have the flexibility to look at other factors, meaning your chances of getting approved are much higher.
Reasons to get an unsecured loan:
While there are many reasons to get an unsecured loan, the following are some of the most popular:
- Consolidate debt – If you’ve got multiple debts like credit cards, student loans, car loans and so forth, keeping up with the payments can be time-consuming. And if you are accidently late or you miss a payment, this can hurt your credit. Consider an unsecured loan to consolidate all these debts so you have one easy payment. You may even be able to lower your interest rate meaning that you’ll be able to get out of debt sooner.
- Investment opportunity – Would you like to start a business but don’t have the capital you need to get it going? Would you like to contribute to RRSPs this year so you can lower your tax burden and put money away for the future? If there is an investment opportunity and you don’t have the funds on hand to take advantage of it, an unsecured loan can help.
- Auto financing –Having your own vehicle can give you a lot of freedom and it may even be necessary if you want to work at certain jobs. If you can’t get financing through the dealer, then an unsecured loan might be the way to get the cash you need.
- Pay for emergencies – Emergencies never happen at a convenient time, and some emergencies can be expensive. Perhaps you need to pay for car repairs. Or perhaps you need to make a midnight call to a plumber because some pipes have burst and your basement is now flooded. Whatever the emergency, if you don’t have the money to pay for it, an unsecured loan may be the answer.
If you are considering an unsecured loan for these or any other reason, contact 1Onefund Financial today to speak with a member of our team.