Selock Air Lending

FAQ's

General

What would be the tenure of the loan?
We have a very flexible payment term, which can vary from 6 to 120 months. We offer you sufficient time to repay the loan
What is APR and how is it Charged?
APR stands for “Annual Percentage Rate”. It is basically the annual interest which is charged on your loan. The standard rate of APR charged could be maximum of 10%. The rate is determined after your credit and personal assessment.
What are the Formalities and Paper works which needs to be done?
Here is a brief insight for you
  • Verification of your employment. You need to have spend at least 6 months with your current employer
  • Income Proof
  • Residential Proof (Canadian Citizenship)
  • You need to be at least 18 years old.
  • Bank account proof
  • References
  • Other factors which can affect your eligibility for personal loan, include
    1. Bankruptcy filling
    2. Credit counselling filling
    3. Proposal Filling
How quickly does the Online Application Process Gets Completed?
I hardly takes 5 to 10 minutes to complete the online application process

Loan Products Available

What else is important other than the interest rate on a home loan?
We have a very flexible payment term, which can vary from 6 to 120 months. We offer you sufficient time to repay the loan
What is the difference between a pre approval and formal approval?
APR stands for “Annual Percentage Rate”. It is basically the annual interest which is charged on your loan. The standard rate of APR charged could be maximum of 10%. The rate is determined after your credit and personal assessment.

Rates

What if I have a bad credit history or have missed a few bills?
We have a very flexible payment term, which can vary from 6 to 120 months. We offer you sufficient time to repay the loan
What questions should I ask a Broker to see if they are the right for me?
APR stands for “Annual Percentage Rate”. It is basically the annual interest which is charged on your loan. The standard rate of APR charged could be maximum of 10%. The rate is determined after your credit and personal assessment.

Your Loan Closing

How do I get started with Our Mortgage?
We have a very flexible payment term, which can vary from 6 to 120 months. We offer you sufficient time to repay the loan
What questions should I ask a Broker to see if they are the right for me?
APR stands for “Annual Percentage Rate”. It is basically the annual interest which is charged on your loan. The standard rate of APR charged could be maximum of 10%. The rate is determined after your credit and personal assessment.
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