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.

Tag

credit score

Do Student Loans Affect Your Credit Score?

Are you a student concerned about taking on loan debt and its potential impact on your credit score? Don’t worry; you’re not alone. Many students seek to finance their college education through loans and have the same questions and concerns…. Continue Reading →

What Factors Influence Your Credit Score?

There are a variety of factors that can influence your credit score. Some of these elements are within your control, while others are not. In this article, we’ll provide an overview of credit scores, look at the factors that influence… Continue Reading →

How long does a late payment stay on your credit report?

If you’ve even missed a bill payment and noticed that your credit score was in free fall, you may be wondering: how long does a late payment stay on your credit report? In this article we will review how credit… Continue Reading →

9 Quick Ways To Improve Your Credit Score

If you’ve ever tried to take out a new loan, you know how important your credit score is. If your score is too low, you may have difficulty getting the loan you need. And, if you do find one, you… Continue Reading →

Credit Scores: A Complete Guide

Your credit score is one of the most critical numbers in your financial life. It’s a reflection of how responsible you are with money and it can determine your ability to get a loan, a mortgage, or even a job…. 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 →

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 →

You’re Ruining Your Credit Score

There is actually many things that Canadians are doing that are beating their credit scores down without even knowing it. Surprisingly, there are a lot of things you might be doing that are negatively ruining your credit score. Therefore, it… Continue Reading →

Payday loans can hurt your credit.

In a real financial pinch, it can be difficult for some people to quickly find financial resources they can use to get out of trouble or handle emergencies. Under the right circumstances, borrowing money commercial lenders might be an option…. 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 →

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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