Personal Loans in Calgary

Day-to-day costs and expenses have been on the rise in Canada over the past few years, and more Calgary residents than ever before are experiencing the financial after effects of a post-pandemic economy. Additionally, unexpected happenings like illnesses or emergencies can also add to financial stress. As a result, more residents are turning to personal loans in Calgary to acquire the funding they need to make ends meet.

This is where Alpine Credits comes into the picture. We have over 50 years of experience helping customers find affordable financing for their needs, no matter what they might be. If you’ve tried the traditional avenues for getting personal loans in Calgary, but have been denied by the banks, we can help you get funds, fast, to help you with short-term needs and long-term financial goals.

When Should Homeowners Consider Getting Personal Loans In Calgary?

A personal loan is usually taken out for very specific reasons, which means that you have a clear idea of how much you’ll need and what you’ll be spending it on. These can be for a variety of purposes, like funding a landscaping or renovation project, paying off the lease on your car, or investing in your own business venture.

home equity loans

However, personal loans require borrowers to have a strong financial background, and most banks and financial institutions will require you to pass rigorous checks to make sure your credit history and earnings are enough for approval. However, emergencies and economic pressures affect everyone equally, and at Alpine Credits, we believe in helping individuals with bad credit get personal loans in Calgary.

One of the most important factors when it comes to getting a personal loan is flexibility. It’s important to partner with a lender that can understand your unique circumstances and provide a payment schedule that makes it easier for you to manage.

That’s why our home equity financing is a much better option than traditional personal loans in Calgary—not only can you qualify much more easily and quickly, but our team of experts will work with you to find a plan you can handle.

Apply for a Personal Loan now!

We’ve been helping people obtain home equity loans for 50 years, now. If you’ve been turned away by the bank for a loan in Canada, we can help find the financing you need.

What Can Personal Loans In Calgary Help Me Do?

Personal loans are used for a variety of reasons by Calgary residents. Here are just a few of the possible reasons you might consider getting a personal loan.

You can use personal loans in Calgary to make changes, improvements, or additions to your home’s existing layout. These can include both interior changes (e.g. adding a new wing or expanding a room) as well as exterior changes (e.g. landscaping your yard or replacing the roofing).

You may require additional funds to help shore up the costs of tuition for a semester or two of post-secondary education. Whether it’s for yourself, family members, or children, this can be an unavoidable expense for many Canadians, especially when it comes to making a career change or improving your chances in the job market.

Some might consider using personal loans in Calgary to pay off the remaining balance on their car loan. This means they won’t need to worry about continued payments, and can save significantly on interest charges in the long run.

Some might consider using personal loans in Calgary to pay off the remaining balance on their car loan. This means they won’t need to worry about continued payments, and can save significantly on interest charges in the long run.

What Are The Benefits Of Getting Personal Loans In Calgary Using Home Equity?

Using home equity specifically towards personal loans in Calgary comes with unique benefits that make going through Alpine Credits a particularly good financial move. Here are a few to consider:

Home equity loans scale with the amount of equity you have saved up. If you’ve been regularly making payments towards your mortgage or own your home outright, you’ll be able to access a loan amount that’s usually enough to cover costs like renovations, down payments, or tuition fees entirely. This saves you the trouble of worrying about additional statements and pending amounts.

By using your home equity funds towards assets and investments that earn you income, you can potentially claim the interest amounts on your tax return to keep the maximum amount of savings in your pocket.

Traditional debt consolidation companies will charge you a huge fee and only negotiate with your debtors to reduce your total while doing nothing about the huge interest charges you’ll need to pay over time. Instead, you can use home equity to obtain personal loans in Calgary and pay off those high-interest amounts and principals immediately. This puts a stop to rolling interest charges and gets you back on track towards being entirely debt free.

FAQs About Personal Loans In Calgary

With Alpine Credits, you can! We believe that getting personal loans in Calgary with bad credit shouldn’t be difficult, since everyone has a right to affordable funding when they need it the most. Whether it’s $5,000 or $50,000, we help our clients leverage their strongest asset—their home equity—to gain access to substantial personal loans in Calgary, regardless of their age, income, or credit history.

First, it’s important to remember that the requirements for personal loans in Calgary are almost entirely dependent on the lender. This means that, depending on which lender you go to, you might find considerably challenging qualification requirements, including those related to your credit score. While lenders may not necessarily disclose their actual credit score requirement to borrowers, generally speaking, most will require you to have a credit score of at least 640.

This can be well out of reach for some borrowers, which is why Alpine Credits looks at your home equity value instead of your credit score when considering applications. This makes it easy to qualify for financial assistance, even for those with lower credit scores.

Easy Application – 3 Simple Steps – 24 Hr Approval

1. Apply Online

Using the form on this page or call 1-800-587-2161 to speak to one of our representatives,

2. Get Approved

Approved with 24 hours. Your home equity is the key to your approval. Get approved now!

3. Get Your Funding

We make it easy. Loan funds can be deposited directly into your bank account, once approved.

Loan Examples*

FIRST MORTGAGE

first mortgage

SECOND MORTGAGE

second mortgage

*Disclosure on “Loan Examples” Above

Alpine Credits’ intent is to always have full disclosure on all of our loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Canadian home owners an alternative to the banks and credit unions (not a replacement). Typically, you will find our rates to be higher than the banks; however, with this in mind, we are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once we have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with our offer. Thank you for your consideration. We look forward to speaking with you soon.

All of the above examples are for discussion purposes only. It is important the reader is aware that the examples may represent the lower priced range of our product offerings. Rates on our loans are subject to change and may vary (up or down) based on the equity you have in real estate, the state / condition / location of your real estate, your personal financial situation and the Canadian mortgage market. The examples are all based on interest only monthly payments (you may elect to pick a shorter amortization to pay off your loan sooner) in which the rate in year 2 increases to the prime rate plus 3.75% and the prime rate plus 6.00% for the first and second mortgages respectively. The Cash Advance in all of the loans above represents the net amount of money to be received. The “Gross Amount” for the $100,000 / $300,000 / $25,000 / $50,000 loans in the examples above are $110,500 / $327,900 / $29,500 / $58,140 respectively. The difference between the Gross Amount and Net amount represents closing costs which includes items such as legal fees, appraisals, brokerage fees, etc. (“Fees”). The APR will increase / decrease in the event of higher / lower Fees. Once again, thank you for your consideration.