SkyCap Financial Blog

SkyCap Financial provides customers with loans when they have most likely been turned down by the bank. We will carefully consider your current circumstance rather than just your past credit history. Fill our easy application process to get a quick decision and get you the funding you need to get the cover your dental expenses.

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Bad Credit

12 Traps To Avoid When Taking Out A Bad Credit Loan

Taking out a bad credit loan can be a valuable financial tool if you need quick cash. However, it is important to be aware of some of the traps that come with these loans and take steps to avoid them…. Continue Reading →

Can I Consolidate My Debt If I Have Bad Credit?

If you are struggling with multiple debts and bad credit, you may wonder if consolidating debt is an option. In this blog post, we’ll explore some of the potential options that may be available to help you restructure your debt… Continue Reading →

Don’t Let Bad Credit Hold You Back: Get A Bad Credit Loan

Bad credit can seem like a weight that prevents you from achieving your financial goals. A low credit score can make getting approved for a loan challenging, and the interest rates may be high if you are approved. But there… Continue Reading →

Understanding Good And Bad Credit Scores

It’s no secret that your credit score plays a significant role in your financial life. A good credit score can mean the difference between getting approved or denied for a loan or qualifying for lower interest rates and higher limits…. Continue Reading →

How to get a loan if you have bad credit

It can be challenging to get a loan if you have bad credit. A recent study showed that over 17% of all Canadians have a credit score below 620, which is considered a bad credit score. This means that nearly 1… Continue Reading →

Canadians Deserve Better. SkyCap can help.

Last week CBC’s Marketplace aired a hidden camera episode showcasing four of SkyCap Financial’s competitors in the alternative lending space.  These competitors are arguably the four largest players in the industry.  While SkyCap was not contacted nor mentioned in the… Continue Reading →

Can I Get a Loan With No Credit or Poor Credit?

We live in a world where living off credit has become a way of life. Throughout all of North America, many consumers have gotten into the habit of depending on unsecured debt as a way of maintaining a certain standard… Continue Reading →

Why a private lender is the best option for poor credit.

Getting a bank loan when you have a bad credit score can be very difficult. This can cause an uphill battle. Building and maintaining a good credit score is also challenging. It takes years of healthy cash-flow to achieve a… Continue Reading →

A Credit Score Can Be Fixed

As you likely know, you will impact your credit score whenever or however you use credit cards. To make things slightly more complicated, how you manage your income and your bills will also impact your credit score. Wealth is the… Continue Reading →

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Interest rates and total cost of borrowing are dependent on a borrower's credit history. SkyCap reserves the right to approve or decline an applicant based on SkyCap's internal underwriting guidelines and procedures. Not all applicants are approved.

  • Loan amortization from 9-60 months
  • APR from 12.99% to 39.99%
  • Example: $1000 borrowed for 12 months at 29.99% Monthly payment: $97.48; Total cost of borrowing: $169.79