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310 Loan Review
26 Nov 2018

310 Loan Company Review

In the current economic time, people are working hard to stay within their budget. However, life is very unpredictable. It is full of unseen expenses. You, therefore, need a reliable source of extra cash when things get out of hand financially. One of the sources for the extra cash can be 310Loan.

310 Loan is a leading cash lender based on the internet. It was established in 1999 and has since then been offering short-term loans to the Canadian borrowers. 310 Loan requires only a simple application process and you get the money applied for in your account within the shortest time possible. The company is committed to giving short-term loans to its customers.

How do 310 Loan work?

Here are some of the ways you can apply for the loans.

  1. You can fill an online application or by making a call to the company.
  2. You can as well email or fax them your bank information.

Once you have applied, the company reviews your application and once approved, you can get the money within 30 minutes. The money is availed at your bank account. As a beginner, you can get the loans of up $ 600 which increases with $100 every time you apply for a loan and repay in full. You can eventually borrow up to $15000. They do not charge origination fee or early payment fee. The loans are paid back within 14 days. Failure to pay can attract a $50 fee. Some of the terms are however flexible and can be changed by calling the company. The Annual Percentage Rate (APR) is applied according to your province. The loans have an outstanding APR of 625% as the highest rate per year.

Requirements for 310 Loan (company review) approval

  • Applicants must be of legal age (18) and above.
  • You must have a savings or checking account with at least seven transactions in the last one month.
  • Temporarily employed people do not qualify to apply.
  • Provide a proof of two-income deposits made recently.
  • If you filed for bankruptcy in the past two years or have had a credit cancellation within the two-year period, you do not qualify for the loans.

Financial products offered by 310 Loan company review

310Loan provides short-term payday loans, bad credit loans and cash advance in Canada. These loans are accessible through mobile phones or online. You get a Bonus of 20 off the first loan fee as a beginner. If you bring a new customer and they take a loan, you are awarded $50 in cash when they successfully repay the loan. Repeated borrowers also receive higher amounts of money.

Is 310 Loan reliable?

The 310 Loan is a reliable lender in Canada since it has been providing these loans for over 18 years. A business can only last that long if it has customers who are not only first timers but also return clients. And for them to retain customers, their services have to be legit and on point. This can be said about 310 Loan. Their website has a valid SSL certificate hence ensuring that any information you provide over the internet is safe and cannot be accessed by a third party.

According to online 310 Loan company review from a large number of pleased customers, 310 Loan is a lender you can rely on for financial assistance any time you have an emergency.

Our final opinion on 310 loan company review

We can recommend 310 Loan as a reputable lender that anyone can trust and a good alternative for fast cash. Although getting loans from 310 loan may not be for everyone due to their eligibility criteria, they are a great financial relief for those who qualify. Therefore, if you are in need of quick cash and you are eligible, we recommend you make your way to their website and apply since they are a great financial burden reliever.