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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Protecting Your Finances: How to Avoid Personal Loan Scams

Learn how to safeguard your finances from personal loan scams. Discover the tactics scammers use, including impersonating lenders on social media, and why legitimate lenders never require upfront payments.

Is Debt Consolidation Good For Your Credit Score?

It’s no secret that debt can be overwhelming and challenging to manage, but the right strategy and help can reduce your debt and improve your credit score. Debt consolidation is one of the options available for those who want to… Continue Reading →

How to Read Your Credit Report

We all get worried about our Credit Report history when we make a money mistake. We think, “Oh no, what will this do to my score?” Finding out exactly what makes a credit report work for you can be challenging…. Continue Reading →

4 easy steps to applying for a personal loan

Step 1: Decide how much you need to apply for When choosing and applying for a personal loan, it’s important to know how much you need. You will commonly see minimum personal loan amounts of $1,000 or more, but the lowest amount is around $500 (from SkyCap). In cases where you need less than that, you might be able to save up extra cash, borrow from a… 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 →

COVID scams to watch out for

Even at the worst of times, the criminal element is on the prowl looking for a way to scam people out of their hard-earned money. The perpetrators are always looking for the most vulnerable people at their most vulnerable time…. Continue Reading →

Why We Spend.

Tis the season to be jolly. With the 2020 holiday season officially underway, people are busy trying to figure how they are going to be handling their spending during the holidays.   This isn’t likely to be a normal holiday season…. Continue Reading →

How will CERB affect your taxes?

As a way of easing the financial strife that the COVID-19 pandemic has caused, the Canadian Government implemented the Canada Emergency Response Benefit (CERB). The CERB was established as financial support to help qualified Canadian residents. This helped maintain some… Continue Reading →

Help. Get it sooner rather than later.

Over the last six or seven months, Canadians and Canadian businesses have been shuttered in a response to the Coronavirus pandemic. During this time, the Canadian people have been collectively struggling with money and debt issues. It’s difficult to pay… Continue Reading →

Protect Your Info Online

Being able to transact business over the internet is a great convenience most of us have come to enjoy. But you need to be able to protect your info online while doing so. We have the ability to purchase all… 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