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. In this blog post, we will look at 12 common debt traps to watch out […]
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 and get back on track financially. We’ll look at the pros and cons of different […]
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 are options for getting a loan with bad credit. SkyCap offers installment loans to people […]
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. On the other hand, a bad credit score can make it challenging to get approved […]
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 in 5 Canadians could be looking for bad credit loans at some point in their […]
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 episode, Marketplace brought a number of concerns to the forefront. The conclusion of the episode […]
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 of living. Can you secure a loan with poor credit or no credit at all? There […]
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 good credit score which is easier said than done for most people. However, a traditional […]
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 ability to fully experience life. 🌤️ Credit comes in a variety of fashions that do not […]